2 September 2022

Analysguiden: “The share is clearly undervalued at today’s level”.

In an analysis from Aktiespararna's analysis service Analysguiden, the analysts highlight a clear upside in the Soltech share and believe that the rights issue announced yesterday is an important step to make Soltech's aim to take an even bigger share of the market possible.

Analysguiden also points out that Soltech's objectives are aggressive but entirely possible and that the group is on an incomparable acquisition journey.

Furthermore, they believe that even though the dilution is not insignificant, the rights issue significantly lowers the risk in the share and the issue guarantee is a sign of strength in an otherwise weak market.

The analysis can be read in its entirety here (in Swedish):
https://www.aktiespararna.se/analysguiden/nyheter/analys-soltech-energy-explosiv-tillvaxt-och-nodvandig-kassaforstarkning

For more information:

Stefan Ölander, CEO, Soltech Energy Sweden AB (publ) Phone: 070-739 80 00. Mail: stefan.olander@soltechenergy.com or Niclas Lundin, CFO Soltech Phone: 072 071 03 09 or Mail:niclas.lundin@soltechenergy.com

About SolTech Energy Sweden AB (publ)

Soltech is a comprehensive supplier that develops, sells, installs and optimizes solar energy solutions for our customers' needs. Soltech Energy Sweden AB (publ), is traded on the Nasdaq First North Growth Market under the short name SOLT and has approximately 73 000 shareholders. The company's Certified Adviser is Erik Penser Bank. Phone: 08-463 83 00. Email: certifiedadviser@penser.se. For more information see: www.soltechenergy.com

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Analysguiden: "The share is clearly undervalued at today's level".

Analysguiden: "The share is clearly undervalued at today's level".