Creturner Group AB (publ) carries out a directed share issue of 1.04 million shares, corresponding to approximately SEK 1.0 million. The issue price of SEK 0.96 per share corresponds to a premium of 15%. Dilution 1.8%.
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Creturner Group AB (publ) ("Creturner" or the "Company") has today, on 12 June 2023, decided to carry out a directed share issue of 1.04 million shares, corresponding to approximately SEK 1.0 million, to a strategic international investor in the form of Johnny Thorsen (the "Investor"). The issue price amounts to SEK 0.96 per share and corresponds to a premium of 15% in relation to the volume-weighted average price during the last 10 trading days. The directed issue is expected to be completed before 30 July 2023.
The purpose of the directed issue and the reason for the deviation from the shareholders' preferential rights is that the Investor is considered to be of great strategic value to Creturner. The Investor has a central role in the global aerospace industry which creates opportunities for Creturner to achieve further international expansion of sales and that it aligns the interests of the key parties.
As a result of the directed issue, the share capital is estimated to increase by SEK 27,368.42 from SEK 1,516,881.66 to SEK 1,544,250.08. The number of shares is expected to increase by 1,040,000 shares from 57,641,501 shares to 58,681,501 shares. The dilution effect is estimated to amount to 1.8%.
Creturner Group AB is a group with two business areas within environmental technology: the digital part is a technical calculation business that is expanding to strengthen its long-term potential and create a presence in the rapidly growing market for calculation capacity. The company has its own facilities in Sweden with its own energy production to reduce the cost of raw materials and environmental impact. The environmental technology part offers corporate customers an effective and permanent method of carbon offsetting their operations. The method is based on Bio-CCS (Carbon Capture and Storage), which involves converting residual biomass into the element carbon and depositing it to reduce the amount of CO2 in the atmosphere. Creturner's corporate customers can then purchase carbon offsets in the same way as traditional carbon offsets such as tree planting. Unlike tree planting, Creturner's method is immediate, permanent and clearly measurable. The follow-up is done through linked smart contracts that give the customer insight into the outcome and future financial returns from the environmental investment.
The company is listed on NGM Nordic SME in Stockholm, Sweden and on the Stuttgart Stock Exchange in Germany.
For further information please contact:
Joakim Erlandson, CEO of Creturner Group AB (publ) on +46-70-855 52 55 or via email email@example.com
Adress: Taptogatan 6, 115 27 STOCKHOLM, Sweden
Creturner Group AB (publ) org: 559152-3013