Savo-Solar Plc: Managers' Transactions Savo-Sol

Savo-Solar Plc Managers' Transactions                21 December 2016 at 10:00 a.m. (CET)

Savo-Solar Plc: Managers' Transactions

Person subject to the notification requirement

Name: MICHAEL MATTSSON

Position: Member of the Board/Deputy member

Issuer: SAVO-SOLAR OYJ

LEI: 743700JIYZ81EJAPDL21

Notification type: Initial notification

Reference number: 743700JIYZ81EJAPDL21_20161220175351_3

Transaction date: 14-15/12/2016

Venue: FIRST NORTH SWEDEN (FNSE)

Instrument type: SHARE

ISIN: FI4000123096

Nature of the transaction: DISPOSAL

Transaction Details:

(1): Volume: 33198 Unit price: 2.96000 SEK

(2): Volume: 24302 Unit price: 2.93000 SEK

Aggregated transactions:

(2): Volume: 57500 Volume weighted average price: 2.94732 SEK

For more information:

Savo-Solar Plc Managing Director Jari Varjotie Phone: +358 400 419 734 E-mail:  jari.varjotie@savosolar.fi

Savo-Solar Plc discloses the information provided herein pursuant to the Market Abuse Regulation ((EU) No 596/2014, "MAR"). The information was submitted for publication on 21 December 2016 at 10 a.m. (CET).

Savo-Solar in brief

Savo-Solar with its highly efficient collectors and large-scale solar thermal systems has taken solar thermal technology to the next level. The company's collectors are equipped with the patented nano-coated direct flow absorbers, and with this leading technology, Savo-Solar helps its customers to produce competitive clean energy. Savo-Solar's vision is to be the first-choice supplier to high performance solar installations on a global scale. Focus is on large-scale applications like district heating, industrial process heating and real estate systems - market segments with a big potential for rapid growth. The company primarily delivers complete systems from design to installation, using the best local partners. Savo-Solar is known as the most innovative company in the business, and aims to stay as such. The company has sold and delivered its products to 17 countries on four continents. Savo-Solar's shares are listed on Nasdaq First North Sweden with the ticker SAVOS and on Nasdaq First North Finland with the ticker SAVOH. www.savosolar.fi.

The company's Certified Adviser is Mangold Fondkommission AB, phone: +46 8 5030 1550.