Cleantech Invest increases its holding in Nocart Oy through a share swap

Cleantech Invest Plc
Company release   18 December 2014 at 3.40 pm (EET)

Cleantech Invest increases its holding in Nocart Oy through a share swap

Cleantech Invest Plc has signed an agreement on the share swap with Vesa
Korhonen, Managing Director of Nocart Oy, a portolio company of Cleantech
Invest. After the share swap, the holding of Cleantech Invest in Nocart Oy will
increase to approx. 15.5%.

Concerning the share swap the Board of Directors of Cleantech Invest Plc has
decided - pursuant to the authorisation given by the shareholders of the company
on 19 March 2014 - to launch a directed share issue, in which a total of 92,307
new class A shares were offered to Vesa Korhonen for subscription at a price of
EUR 0.65 per share. The subscription price is equal to the subscription price
used in the listing of Cleantech Invest Plc. The subscription price was paid by
giving a total of 567 class A shares of Nocart Oy owned by Vesa Korhonen to
Cleantech Invest Plc as contribution in kind according to the conditions of the
agreement on the share swap. These shares represent approx. 5.0% of all shares
in Nocart Oy. The subscription price of the new shares will be recorded in full
to the non-restricted equity fund of Cleantech Invest Plc. After the share swap,
the holding of Vesa Korhonen in Nocart Oy is approx. 75.0% of all shares.

"Among all the portfolio companies of Cleantech Invest Nocart is one of the most
rapidly developing and we are very excited to take a bigger role as their
shareholder. The business of Nocart has been growing strongly during this year
and the company has been able to launch export trade to several countries."

"One motive behind the listing of Cleantech Invest was the intention to use the
shares of Cleantech Invest as payment in M&As, and the share swap with Nocart Oy
is a new opening for Cleantech Invest in that sense", says Lassi Noponen, the
Chairman of the Board at Cleantech Invest.

The 92,307 new class A shares, which were subscribed in the directed share issue
of Cleantech Invest Plc are estimated to be entered in the Trade Register
approximately on 29 December 2014. The new shares represent approx. 0.5% of all
the shares in the company after their registration and they will give the
shareholders' rights as from the date of the registration. The total number of
Cleantech Invest Plc's shares after the registration of the new shares is
18,173,707, out of which 5,450,000 shares in class K and 12,723,707 shares in
class A.

The new class A shares of Cleantech Invest Plc will be subject to trading on the
multilateral trading facility First North Finland maintained by NASDAQ OMX
Helsinki Ltd. approximately as from 30 December 2014.

CLEANTECH INVEST PLC

Further information:
Lassi Noponen, Chairman of the Board at Cleantech Invest Plc, tel.
+358 40 5015127, lassi.noponen@cleantechinvest.com


Certified Advisor Access Partners Oy, tel. +358 9 6829 500.

Cleantech Invest in brief
Cleantech Invest is a Finnish investment and development company founded in
2005 and focusing on clean energy and efficient use of natural resources. The
company owns minorities in a diversified portfolio of companies and is actively
looking for new capital-light, high-impact businesses within the cleantech
universe. Cleantech Invest invests in the most promising early-stage and growth
cleantech companies in Finland, Sweden and in the Baltic Sea area. The company
management team members are international pioneers in cleantech investing.
Cleantech Invest is also a designated Accelerator in the Vigo Program initiated
by the Ministry of Employment and the Economy. www.cleantechinvest.com.




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