Cleantech Invest share issue subscribed more than 3.5 times


Cleantech Invest Plc (“Cleantech Invest” or the “Company”) has carried out an
issuance of class A shares with additional options (the “Offering”), during the
period between 19 February and 7 March 2016. The share issue was carried out in
order to broaden the Company’s ownership base and increase awareness of the
Company in Sweden. The Offering of 1,075,270 new class A shares (approximately
10 MSEK) has been subscribed 363% with subscriptions coming in from 1233
investors, approximately doubling the number of shareholders in the Company. The
Board of Directors has therefore decided to exercise the additional share
allotment of 215,050 new class A shares increasing the share issue size to
approximately 12 MSEK in total.

Alexander Lidgren, Managing Director of Cleantech Invest: “It is no
overstatement to say that investors have been very positive throughout the
roadshow. Being part of a group of companies that aims to solve some of the
biggest global challenges of our time is clearly exciting. We are happy that
interest was high, we now have a good base that will follow our development
closely, and we are confident that it will be worth following.

Lassi Noponen, Chairman of the board: ”I want to thank all new shareholders for
your confidence in Cleantech Invest. We focus on Nordic teamwork and results
have been good. Strengtened with a Swedish shareholder base and new resources we
will continue supporting our fast growing companies as well as developing our
business towards becoming a leader on a European stage.”

On 10 March 2016, the Board of Directors of Cleantech Invest resolved on the
allocation of shares and to approve the subscriptions received in the Offering
according to the allocation. The acceptance of subscriptions is conditional to
payment of the allocated shares on 16 March 2016 at the latest. As a result of
the Offering, the number of shares in Cleantech Invest will increase by
1,290,320. After the Offering the total number of shares will amount to
20,634,027. If also all the options issued in connection with the Offering will
be used for subscription of shares, the number of Company’s shares will increase
with additional 645,160.

Cleantech Invest will receive approximately 12 MSEK in issue proceeds (before
transaction costs associated with the Offering to be paid by the Company). An
additional up to approximately 8.4 MSEK can be received in November 2016 if the
options issued in connection with the Offering are exercised.

The shares subscribed for in the Offering are expected to be registered with the
Finnish Trade Register on 29 March 2016 and will be delivered to subscribers
through the book-entry system maintained by Euroclear Sweden AB approximately
during week 14, 2016. The Company will apply for secondary listing of its class
A shares on First North Sweden. Trading in the class A shares is expected to
commence approximately on 6 April 2016 under ticker “CLEANT”.

Options subscribed for in the Offering will be delivered to subscribers through
the book-entry system maintained by Euroclear Sweden AB approximately during
week 14, 2016. The Company will apply for listing of the options subscribed for
in the Offering on First North Sweden. Trading in the options is expected to
commence on 6 April 2016 under ticker “CLEANT TO1A”.
Advisors

G&W Fondkommision is acting as a financial advisor of the Company in the
Offering. Delphi has assisted G&W with legal Due Diligence. Smartius Oy is the
legal advisor of the Company on aspects of the Offering related to the Finnish
law. Access Partners is the Certified Advisor of the Company.

For more information

Alexander Lidgren, Managing Director
Phone: +46 73 66 01007 E-mail: bigge@cleantechinvest.com

Tarja Teppo, Investor Relations
Phone: +358 50 599 6828 E-mail: tarja.teppo@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

www.cleantechinvest.com

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. Investors should not subscribe for or purchase any
securities or make any investment decisions referred to herein except on the
basis of information contained in a company description issued by Cleantech
Invest.
GlobeNewswire