Oslo, 1 October 2014
Reference is made to the announcement made public by Scatec Solar ASA (“Scatec Solar” or the “Company“) on 1 October 2014 regarding the completion of the bookbuilding for the initial public offering of shares of the Company (the “Offering“).
Board member Mari Thjømøe, through the controlled company Thjømøe Kranen AS, has purchased 13 157 shares in the Offering. Subsequent to the Offering, Tjømøe, together with consolidated parties own 13 157 shares in the Company, representing 0.001%.
Line Berntsen, wife of Torstein Bernsten, the Company’s Executive Vice President Product & Asset Management, has purchased 895 shares in the Offering. Through the controlled company Belito AS, Torstein Berntsen holds, directly and indirectly 798,148 shares in the Company. Subsequent to the Offering, Torstein Berntsen, together with consolidated parties own 799,043 shares in the Company, representing 0.85%.
Neither Mari Thjømøe nor Torstein Berntsen or any of their consolidated parties own any other shares or rights to shares in Scatec Solar ASA.
About Scatec Solar
Scatec Solar is an integrated independent power producer, aiming to make solar a sustainable and affordable source of energy worldwide. Scatec Solar develops, builds, owns and operates solar power plants, and will in 2014 deliver power from 220 MW in the Czech Republic, South Africa and Rwanda. The company is in strong growth and has a solid pipeline of projects under development in Africa, US, Japan, Middle East and Europe. Scatec Solar is head quartered in Oslo, Norway.