Better wind conditions than normal in February resultated in a power production of 38.9 GWh, compared to the month’s budget of 29.9 GWh.
Halmstad, 8 March 2022
ARISE AB (publ)
Better wind conditions than normal in February resultated in a power production of 38.9 GWh, compared to the month’s budget of 29.9 GWh.
Halmstad, 8 March 2022
ARISE AB (publ)
Markus Larsson has been appointed the new CFO at Arise AB (publ) (“Arise”). He will take office today. Markus Larsson has been at Arise since January 2022 working in parallel with the resigning CFO Linus Hägg which he now will succeed. As new CFO, Markus will form part of Group Management effective immediately.
Most recently Markus Larsson ran private businesses as well as held various CFO and M&A roles. Previously, Markus spent approx. 10 years in corporate finance, of which a majority at Nordea.
”We welcome Markus as the new CFO. He is a key recruitment in building our new Group Management. Markus will contribute to develop the company with extensive experience from both financing and transactions.”, says Per-Erik Eriksson, CEO, Arise AB.
In connection to the final date for conversion of convertible bonds into shares in Arise AB (publ) (”Arise”) on 28 February 2022, applications to convert have been received for a nominal amount of SEK 116,903,688 corresponding to 5,313,804 new ordinary shares in Arise. Following registration of the new shares with the Swedish Companies Registration Office the total amount of shares and votes in Arise will amount to 44,494,235. Such registration is expected to be completed during the first half of March 2022 after which shares will be delivered to the respective nominee/shareholders’ securities account.
Convertible bonds for which an application was not received by the time of the final date to apply for conversion will be redeemed at par on or about March 31, 2022.
Complete terms and conditions for the convertible bonds are available on Arise’s website https://www.arise.se/en/convertible-bonds-rights-issue-2017.
In 2017, Arise AB (publ) (”Arise”) issued convertible bonds with ISIN SE0009607088 (the ”Convertibles”).
The last day of trading in the Convertibles is February 24, 2022 and the last day to apply for conversion of Convertibles into ordinary shares in Arise is February 28, 2022. For nominee-registered holdings, the last day to apply for conversion may differ and such applications for conversion of Convertibles shall be made in accordance with instructions from such nominee.
Convertibles, for which an application has not been received by February 28, 2022, will be redeemed at par on or about March 31, 2022.
Complete terms and conditions for the Convertibles as well as the application form for conversion is available on Arise’s website https://www.arise.se/en/convertible-bonds-rights-issue-2017
Halmstad, 22 February 2022
ARISE AB (publ)
For further information, please contact:
Linus Hägg, CFO, Arise AB, +46 702 448 916
Arise AB (publ) (“Arise” or “the Company”), today announces its new Green Financing Framework (the “framework”). The framework outlines details for investments exclusively in renewable energy. Through these investments, Arise wishes to promote low carbon solutions and climate-resilient development. Please see the Green Financing Framework available on Arise’s website for further details, www.arise.se.
To confirm the framework’s alignment with the 2021 version of the ICMA Green Bond Principles, Arise has obtained a second-party opinion from Cicero Shades of Green. Cicero Shades of Green has awarded the framework a dark green shade. Under the framework, Arise may, in addition to bonds, also include existing and future bank debt. DNB Markets has acted as structurer of the framework.
In relation to the establishment of the Green Financing Framework, Arise has mandated DNB Markets as Sole Bookrunner to arrange a series of fixed-income investor meetings, commencing on 18 February 2022. An expected 4 year floating rate senior unsecured green bond of up to EUR 50 million may follow, subject to inter alia market conditions.
Halmstad, 17 February 2022
Arise AB (publ)
For further information, please contact
Linus Hägg, CFO Arise AB, +46 702 448 916