HELSINKI, March 17th 2016

Cleantech sought the investment from new shareholders after an issuance of Class A shares was offered.

The Finland-based company doubled its the number of investors after it issued nearly 1 075 270 Class A shares with a subscription rate of 363 per cent. This has seen investments from some 1 233 new investors.

The Board of Directors thus decided to exercise the additional share allotment of 215 050 new Class A shares. This increases the share issue size to a total of approximately 1.3 million euros.The new investment comes as Cleantech Invest aims to boosts its awareness and ownership base in Sweden.

“I want to thank all new shareholders for your confidence in Cleantech Invest,” says Lassi Noponen, chairman of the board. “We focus on Nordic teamwork and results have been good. Strengthened with a Swedish shareholder base and new resources we will continue supporting our fast growing companies as well as developing our business towards becoming a leader on a European stage.”

The shares are expected to be registered with the Finnish Trade Register at the end of this month.

source: www.cleantechinvest.com