Cleantech Invest made directed share issue to enable additional add-on investment in fast growing portfolio company

Based on authorization granted by the Extraordinary General Meeting on 9 March
2016 and subscription commitments received from a small group of investors, the
Board of Directors of Cleantech Invest Plc (“Cleantech Invest” or the “Company”)
has on 25 July 2016 resolved on a directed share issue (the “Offering”).

In the Offering, 793,271 new class A shares (the “Offer Shares”) were offered
for subscription at the subscription price of EUR 1,10 per share, which equals
to the volume weighted average price of Cleantech Invest Plc’s class A share on
First North Finland during the time period between 13 April 2016 and 13 July
2016 and a discount of 5%. The Offer Shares have been subscribed for in full by
a small group of investors. The entire subscription price of the Offer Shares
will be recorded in the reserve for invested unrestricted equity. The Offer
Shares represent approximately 3.65% of the outstanding shares in the Company
after the Offering, when taking into account also 150,000 new class K shares
subscribed based on the Company’s stock options 2013 as well as 41,268 new class
A shares subscribed in the share exchange executed in connection with the
Company’s investment in ResQ Club Oy, the registration of which to the Trade
Register is pending on the date of this resolution.

The reason for the Offering is for the Company to have the ability to make an
add-on investment in a fast growing portfolio company, which is currently in
fund raising process. Having the ability to make this investment is in the
interest of Cleantech Invest shareholders as it is a sound investment in its own
right and having the ability to do the investment increases funding
possibilities for the portfolio company, decreases the risk as well as enhances
the upside potential in this holding significantly.

Cleantech Invest will apply for listing of the Offer Shares on First North
Finland and First North Sweden. Cleantech Invest will publish an update to its
company description published in April 2016 in connection with the listing of
the Offer Shares.

CLEANTECH INVEST PLC

Board of Directors

IMPORTANT NOTICE

This release or the information contained therein shall not be distributed,
directly or indirectly, in Australia, Canada, Hong Kong, Japan, New Zealand,
South Africa or the United States. The information contained in this release do
not constitute an offer of, or invitation to purchase any securities in any
area, where offering, procurement of or selling such securities would be
unlawful prior to registration or exemption from registration or any other
approval required by the securities regulation in such area. This release is not
an offer for sale of securities in the United States. Securities may not be
offered or sold in the United States absent registration or an exemption from
registration under the U.S. Securities Act of 1933, as amended, and the rules
and regulations issued by virtue of it. Cleantech Invest has not registered, and
does not intend to register, any offering of securities in the United States. No
actions have been taken to register the shares or the offering anywhere else
than in Finland and Sweden.

The information contained herein shall not constitute an offer of, or invitation
to purchase any securities in any jurisdiction. This release is not a prospectus
and does not constitute any offer, invitation or investment advice to subscribe
for or purchase securities.
Contact information

Alexander Lidgren, Managing Director of Cleantech Invest Plc. Tel. 46 73 660
1007, alexander.lidgren@cleantechinvest.com

Access Partners Oy, Certified Advisor. Tel. 358 9 682 9500
Cleantech Invest in brief

Cleantech Invest is a Nordic accelerator with investments in growth companies
that solve global challenges. The portfolio companies are active in energy- and
resource efficiency as well as decentralized renewable energy and are based in
Finland, Sweden and Germany. The company management consists of company builders
and investors who have been active within the cleantech space for over a
decade.The company is listed on First North Finland under the ticker CLEAN and
on First North Stockholm under the ticker CLEANT A. www.cleantechinvest.com