IPO

About 

Azelio AB (publ) ("Azelio" or the "Company") offers a system of Stirling engine-based concentrated solar power with thermal energy storage. On November 12, 2018 Azelio announced its intention to list the Company's shares  on Nasdaq First North and to raise capital through an issue of new shares, in order to finance continued growth of the Company (the "Offering").

The purpose of the Offering is primarily to finance Azelio’s continued industrialisation of its system’s design, construction and production, with the aim to achieve industrialised volume production. The Company also intends to establish a sales and marketing organisation that will work in a structured way to increase awareness of the Company and to establish, maintain and develop relationships with potential customers in the markets that the Company regards as being of interest. Azelio expects the first commercial order of the Company's system to be received during the first half of 2020, and by that time, the Company intends to make further investments in production, such as tools and production equipment and in recruiting and training production personnel, and in computer and production sytems.  

The Offering is expected to render proceeds of approximately SEK 300 million before transaction costs. 

The Offering

  • Price per share: SEK 22
  • Application forms are available on Azelio's or Pareto Securities' websites. Applications can also be made through the services of Avanza, Nordnet and Aktieinvest 
  • Complete terms and conditions of the Offering are available in the prospectus 

Preliminary timetable

Application period for the general public November 20 - December 4, 2018

Application period for institutional investors November 20 - December 5, 2018

First day of trading and settlement December 10, 2018

First day of tradring 

10 December First day of trading English 
10 December Första handelsdagen Swedish

Prospectus

Azelio Prospectus English

Azelio Prospekt Swedish

Anmälningssedel för befintliga aktieägare

Subscription form for existing shareholder

Press releases in connection to IPO

9 januari Stabiliseringsåtgärder

9 January Stabalizing measures

7 januari Stabiliseringsåtgärder

7 January Stabalizing measures

19 December Stabalizing measures

19 december Stabiliseringsåtgärder

6 December Azelio announces the outcome of the Offering English

6 december Azelio offentliggör utfallet av Erbjudandet Swedish

19 november Offentliggör prospekt Swedish

19 November Publishes Prospectus English

12 november ITF Swedish

12 November ITF English

Other Documents

Nettoskuldsättning per den 30 september 2018 inklusive bruttolikvid från erbjudandet (in Swedish)

Contact

Jonas Eklind, CEO +46 709 40 35 80
jonas.eklind@azelio.com

Certified Advisor

FNCA Sweden AB is the certified advisor for Azelio