The board has resolved on an issue of a total of 3,276,940 shares by way of set-off, with the support of an issue authorisation, to set-off certain loans from DGIF and DDMF. The Set-off Issue was fully subscribed.
As communicated in the prospectus published on
The Set-off Issue is expected to be registered by the Swedish Companies Registration Office around
Certified Adviser
Telephone: +46 11 32 30 732
ca@skmg.se
For further information, please contact:
Telephone: +45 8870 8803
E-mail: mph@bawat.com
ABOUT BAWAT
Bawat markets its patented ballast water management system ("BWMS") globally, a cost efficient, flexible, and sustainable solution to the problem of ballast water treatment. While ballast water is essential for modern shipping operations, it also poses ecological, economic and health problems due to the multitude of marine species and pathogens inadvertently transferred between ecosystems when ballast water is dumped. Using otherwise wasted excess onboard engine heat to achieve pasteurization, Bawat's system offers several advantages over other ballast water treatment technologies. In addition to negligible operating cost and environmental impact, the advantages include better efficacy, the absence of harmful chemicals, and not least, an ability to function equally well in seawater, brackish water, and freshwater. Bawat's system is suited for on-board vessel solutions and at-port (land based) containerized installations and is the only heat-based system on the market today. The system is approved by both the
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