Comment: Information published on October 1 regarding the separation of subscription rights and share price in Soltech

October 1 was the first day that Soltech’s share was traded excluding the right to receive subscription rights in the company’s rights issue. When this happened, data providers, including Nasdaq, used an adjustment factor to avoid the theoretically expected price drop looking like a real decrease in value. The price movement shown on October 1 is thus what the share traded at on October 1 compared to a closed price adjusted in this way from September 30, not compared to actual prices as of September 30. For example, on Nasdaq’s website, historical prices are also adjusted in the same way, while some other data providers show unadjusted historical information.   

Regarding the number of shares, some data providers also adjust the number of shares – as if the rights issue has already been completed and the number of shares has already been adjusted – which is not the correct way to the actual number of issued shares in Soltech and actual market value to date, but rather shows a theoretical market value of Soltech after the rights issue has been completed with the current share price.