News & Media

January 20, 2020
In December 2019, Minesto AB (publ) ("Minesto" or "the Company") carried out a rights issue of shares and warrants (units). The new shares and warrants have now been registered by the Swedish Companies Registration Office and will be admitted to trading on Nasdaq First North...Read more »
The rights issue comprised 6,085,226 units and the subscription price amounted to SEK 14.12 per unit. One (1) unit consisted of one (1) share and one (1) warrant of series TO3. Each TO3 warrant gives the holder a right to subscribe for one (1) new share in the Company during the period up to and... Read more »
December 27, 2019
The Board of Directors of Minesto AB (publ) ("Minesto" or "the Company") has decided to amend the terms and conditions of the warrants of Series P0 in the Company. The change means that the subscription period is extended from the end of 31 December 2019 to the end of 30 June...Read more »
In May 2013, the Board of Directors of Minesto decided to issue warrants of Series P0 to employees of the Company. One (1) P0 warrant gives the holder the right to subscribe for one (1) share in the Company at a subscription price of SEK 5.95. The subscription period for the P0 warrants expires 31... Read more »
December 20, 2019
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, HONG KONG, JAPAN, SINGAPORE, SOUTH AFRICA, SOUTH KOREA OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD...Read more »
“We are very pleased with the outcome of the rights issue and grateful for the support we have received from existing and new shareholders. Together with the private placement in October, we have secured financial resources to both deliver our current projects and to give us the opportunity to... Read more »
December 04, 2019
Today December 4 the subscription period for Minesto AB's ("Minesto" or "the Company") new issue of units with pre-emptive rights for existing shareholders ("the Rights Issue") begins. The subscription period runs from December 4 to 18, 2019. Please note that...Read more »
Shareholders in the Company who were listed in the share register kept by Euroclear Sweden AB as of the record date on December 2, 2019 receive one (1) subscription right for each share held in Minesto. Sixteen (16) subscription rights entitle subscription to one (1) unit. One (1) unit contains one... Read more »
December 02, 2019
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, HONG KONG, JAPAN, SINGAPORE, SOUTH AFRICA, SOUTH KOREA OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD...Read more »
The Rights Issue in short Shareholders in the Company who are listed in the share register kept by Euroclear Sweden AB as of the record date on December 2, 2019 receive one (1) subscription right for each share held in Minesto. The last day of trading in the Minesto shares with the right to... Read more »
November 08, 2019
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, HONG KONG, JAPAN, SINGAPORE, SOUTH AFRICA, SOUTH KOREA OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD...Read more »
The Rights Issue is carried out in order to give the existing shareholders of the Company the opportunity to subscribe for new shares in the Company under the same conditions as in the private placement of units of approximately SEK 60 million (the "Directed Issue") that Minesto completed in... Read more »
October 28, 2019
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, HONG KONG, JAPAN, SINGAPORE, SOUTH AFRICA, SOUTH KOREA OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD...Read more »
“These transactions allow us to accelerate the pace of commercialisation of our product. We secure the capital needed to realise our current public-funded projects as well as other market and product development activities. It also provides us with financial resources for the foreseeable future in... Read more »
October 16, 2019
Leading marine energy developer Minesto has received approval for an EU-funded project aiming at installing the company’s unique renewable energy technology at the grid-connected Paimpol-Bréhat test site in France, operated by the French electric utility company EDF with the support of the Brittany...Read more »
Minesto, as part of a wider EU-funded project called TIGER, will utilise a grant of approximately €2.4 million to manufacture, install and operate Minesto’s marine energy converter DG100 at a grid-connected site off Brittany operated by the electric utility company EDF. “The delivery of this... Read more »
September 20, 2019
The Board of Directors of Minesto AB has decided to offer 1,965,000 warrants to Minesto’s staff within the framework of the warrant plan PO5 approved in this year’s AGM. At the same time, Minesto’s financial advisor Pareto has facilitated the exercise of outgoing warrants of series PO3 by which a...Read more »
PO5 is the second of three future warrant plans approved in Minesto's Annual General Meeting in 2019. Minesto’s Board of Directors have decided to offer all staff a total of 1,965,000 PO5 warrants to continue to incentivise Minesto management and staff to build shareholder value in the company. A... Read more »
August 26, 2019
Minesto's senior executives in Sweden have acquired a total of 280,000 warrants within the framework of the employee stock option plan PO4 decided by the AGM. At the same time, a transfer of outgoing warrants of series PO3 has been carried out in a separate transaction between Minesto’s CEO...Read more »
PO4 is one of three employee stock option plans approved by Minesto's Annual General Meeting in 2019. Minesto's senior executives Martin Edlund (CEO), Fredrik Ahlström and Bernt Erik Westre have acquired 120,000, 80,000 and 80,000 warrants respectively (a total of 280,000) of series PO4 at a price... Read more »

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