Savosolar Plc: Managers’ Transaction, Heikki Timonen, March 2023

Savosolar Plc

Company Announcement            24 March 2023 at 2.30 p.m. (CET)

Savosolar Plc – Managers’ Transaction, Heikki Timonen, March 2023

Person subject to the notification requirement

Name: Timonen, Heikki  
Position: Chief Financial Officer
Initial Notification  
Reference number: 27953/5/4
Name: Savosolar Oyj
Transaction details
Transaction date: 2023-03-21
Nature of the transaction: Subscription
Instrument: Share
ISIN: FI4000425848
Volume: 31250
Unit price: 0.05400 Euro
Aggregated transactions
Volume: 31250
Volume weighted average price: 0.05400 Euro


For more information:

Savosolar Plc
Managing Director Jari Varjotie
Phone: +358 400 419 734
E-mail: [email protected]

Savosolar in brief

Savosolar has two business areas: Marine Logistics and Renewable Energy.

Marine Logistics (Meriaura Oy) is a major provider of transport for bulk cargo and demanding project deliveries in Northern Europe, especially in the Baltic Sea and North Sea regions. The company provides its customers with competitive and environmentally sustainable marine transport services, which also reduce carbon emissions from marine transport. Its long-term affreightment agreements, modern fleet and strong market position in renewable energy construction projects enable freight that supports environmentally friendly solutions. As part of Marine Logistics, VG-EcoFuel Oy produces recycled biofuels from bio-oils and recycled oils generated as industrial by-products.

The Renewable Energy (Savosolar Oyj) designs and delivers clean energy production systems as comprehensive deliveries. The systems are built around large-scale solar thermal systems implemented using high-performance solar heat collectors manufactured by the company. Other energy production and storage technologies can also be combined with the systems. The company has taken solar thermal technology to a new level, and its collectors have patented nano-coated direct flow absorbers. With this leading technology, Savosolar enables its customers to produce clean and competitive energy.

Savosolar’s shares are listed on Nasdaq First North Growth Market Sweden under the ticker symbol SAVOS and on Nasdaq First North Growth Market Finland under the ticker symbol SAVOH.

The company’s Certified Adviser is Augment Partners AB, [email protected], tel. +46 8-604 22 55.