Dear new and existing shareholder,
The board of Renewable Ventures Nordic has decided to implement a new share issue, starting on November 1. Terms and conditions can be found below. The issue is being made to continue broadening the investment portfolio. In 2019, the plan is to make the share tradable through listing on a trading list.
So far we have invested in the companies Mindconnect, GC Infra, Reliefed, Eco Etanol at Sweden and Soliga Energi. Mindconnect offers the services CityFlow and Eventico, with time and fuel-saving vehicle navigation as well as logistics for major events. GC Infra provides new smart services demanded to build the infrastructure for charging electric vehicles. Reliefed has patented innovation for industrial production, which provides significant savings in material and energy consumption. Eco Etanol at Sweden has developed a patented process for the treatment of legumes, which increases the possibility of using field bean as an alternative to imported soy protein. Soliga Energi offers the design and installation of small-scale PV systems.
During the summer and autumn we have evaluated several new opportunities which have given us the opportunity to enter some new companies. One has a unique e-commerce solution for rent, another is projecting and selling sustainable homes, while a third has developed a completely new and patented method for floating wind power. Capitalization will enable us to enter these companies and also follow-up investments in our existing companies.
Conditions for share issue in Renewable Ventures Nordic AB (publ):
Two (2) existing shares entitle to subscribe for one (1) new share.
Subscription price: SEK 2.00 per share.
Subscription period: November 1, 2018 through November 30, 2018.
Minimum subscription price: 2,000 shares, then any number of shares.
Number of shares per 2018-10-30: 5,600,000 pcs (pre-money valuation: SEK 11,200,000)
Scope of issue: 2,800,000 shares (maximum issue volume: SEK 5,600,000)
Welcome with your application!
CEO | Renewable Ventures Nordic AB (publ)