Oslo, 24 March 2017: Scatec Solar ASA (OSE: SSO)
Reference is made to the stock exchange release made public by Scatec Solar ASA on 24 March 2017 at 08:00, regarding completion of a private placement of shares.
As a result of the issuance of new shares in the private placement, Scatec AS shareholding in Scatec Solar ASA has fallen below the ownership threshold of 20%. After the transaction, Scatec AS will own 19,482,339 shares in Scatec Solar ASA, representing approx. 18.88% of the total issued and outstanding shares. This notification is based on the share capital of Scatec Solar ASA after completion of the private placement being NOK 2,579,905.75 divided on 103,196,230 shares.
This information is subject to the disclosure pursuant to section 4-3 of the Norwegian Securities Trading Act.