Strike of warrants and increase of the share capital
3 March 2011 at 12.00
At an extra shareholders' meeting on 24 August 2007 a directed issue of
warrants to the members of the Board of Directors was resolved. Those
warrants have now been exercised by members of the Board of Directors to
subscribe for 227 500 new shares in Arise Windpower AB (publ). In
addition there are unexercised warrants issued to members of the Board
of Directors and employees as further set forth in the listing
prospectus.
The chairman of the Board of Directors, Mr. Pehr G Gyllenhammar, has
accordingly now subscribed for 197 500 new shares in connection with the
exercise of warrants. The intention is to dispose those shares in
connection with the allocation of the new shares. The chairman's
holding, which is significant in Arise (in total 446 639 shares), will
accordingly be unchanged in relation to the holding prior to the
exercise of the warrants.
The members of the Board of Directors, Mr. Joachim Gahm and Mr. Birger
von Hall have now each subscribed for 15 000 new shares in connection
with the exercise of the warrants. The intention is to reallocate the
new shares to company or individually managed endowment insurance
policy.
The share capital in Arise Windpower AB (publ) will, after the
registration of the new shares for the exercised warrants, amount to SEK
2 543 085.60 divided into 31 788 570 shares.
Halmstad, 3 March 2011
ARISE WINDPOWER AB (publ)
For further information, please contact
Peter Nygren, CEO Arise Windpower AB, +46 706 300 680
Leif Jansson, Director of Investor Relations, Arise Windpower AB, +
46 707 340 554
The information contained herein constitutes information which Arise
Windpower AB is legally required to publish under the Swedish Securities
Market Act (SFS 2007:528) and/or the Swedish Financial Instruments
Trading Act. The information was released for publication at 12:00 on
3March.
About Arise Windpower
Arise Windpower is one of Sweden's leading companies in onshore wind
power. Its business concept is to sell electricity generated at the
company's own wind turbines. The company's target is to have about 700
MW (equivalent to about 300 wind turbines) in operation or under
construction by 2014. Arise Windpower is listed on NASDAQ OMX Stockholm.
Arise Windpower AB (publ), Box 808, SE-301 18 Halmstad, Sweden, tel. +46
(0)35 20 20 900, org.no. 556274-6726
E-mail: info@arisewindpower.se (info@arisewindpower.se),
www.arisewindpower.se (http://www.arisewindpower.se/)
