SUN4ENERGY TO ACQUIRE NIUTECH

Sun4Energy Group AB has entered into an agreement to acquire all the shares in Niutech Group AB, with payment in newly issued shares in Sun4Energy. Following the transaction, the companies’ operations will be combined in a new group where Niutech’s shareholders will own approx. 65 per cent. The transaction is subject to the approval of an extraordinary general meeting of Sun4Energy. KANTER acted for Niutech in the transaction.