A new important investor invests USD 300 000 in Zanrec AB - a subsidiary of MTI Investment SE

Today, Friday 3rd of December 2021, Claus Jørgensen (co-founder of Netcompany Group A/S) in collaboration with Yardhouse Capital Group, agreed to invest USD 300,000 into Zanrec AB, the pre-money valuation is USD 2 million. Zanrec AB is, the holding company for Zanrec Plastics Company Limited - the leading professional waste management company on the tourist paradise island Zanzibar, Tanzania. The investment will be used to invest in new vehicles and site improvements.

Zanrec is a privately held waste management firm that was created in 2009 and has a solid management team, streamlined operations, and is poised for future expansion. Zanrec supplements the Zanzibari government's waste collection by collecting primarily organic waste from Zanzibar's hotels. Zanrec places a high emphasis on waste reduction and education and has built a community-driven waste management organization in eight villages, actively involving, and educating thousands of people.

The investor Claus Jørgensen, via his Holdingsselskabet Claus Jørgensen II ApS, agreed to invest USD 300.000 for 179 641 shares and a shareholder stake of 12,9% in Zanrec AB, Sweden. The pre-money valuation is USD 2 million and MTI's shareholding in Zanrec AB before the transaction was 70.1% and after the transaction 61%.

Zanrec has a market share of approximately 20% of the hotels on Zanzibar, and by collecting approximately 4,000 tons of waste a year - waste that otherwise would be dumped at sea or in the woods - Zanrec makes a positive impact on the environment and also creates a lot of jobs. With Zanrec as a waste management provider, hotels and tourists are guaranteed responsible waste handling.

Pontus Engstrom - CEO of MTI Investment SE says: "We have worked hard over the past several years to make Zanrec successful and profitable, with a stronger team, better trucks and better execution. As a waste management company in East Africa, it is fairly uniquely positioned as one the few successful and profitable waste management companies. We are of course happy to see another major investor joining our efforts on Zanzibar."

Martin Empacher - CEO at Yardhouse says: "Along with the substantial social and environmental impact it has on local communities, this investment fits perfectly in the portfolio Claus Jørgensen is creating and backing. We are happy to collaborate with MTI and DOB around this important business."

Justin Madho - Managing director of Zanrec says: "With this investment we are able to make further investments in trucks and site improvements to better serve hotels and other clients on the island. We look forward to working with MTI, DOB and now Yardhouse/Jørgensen on the expansion of our business."

Bas Jongtien, Investment Manager at DOB Equity, comments: "Zanrec is the first mover on Zanzibar in this important segment, and has an improved brand image. It has an attractive waste service proposition for the hotel sector on Zanzibar, proven by its ability to scale to financial sustainability."

About Claus Jørgensen Claus Jørgensen is a co-founder of Netcompany Group A/S (NETC), a Danish publicly-traded IT consultancy headquartered in Copenhagen, Denmark with a market cap of approximately DKK 35 billion. Claus Jørgensen is in this transaction supported by Yardhouse Capital Group. About Yardhouse Capital Group YardHouse Capital Group is based upon two business areas, a combination of a Global focused Multi-Family Office based in Denmark (YardHouse Family Office) and a highly specialized global agency (YardHouse Global Partners) focused upon Emerging Markets, Frontier Markets and Global Sustainable Investments Solution with partners in Asia, Africa, Latin America, Europe and the US.

About DOB Equity

DOB Equity is a Dutch family-backed impact fund investing in socially responsible businesses across sectors in East Africa. DOB Equity partners with companies that combine entrepreneurship with impact. DOB Equity is an SDG compliant, truly hands-on, and long-term partner and industry awarded leader in impact investing in the region.

About MTI Investment

MTI Investment SE is a Nordic investment and venture building company, founded in 2014 by a team with extensive experience from emerging markets with the aim of investing in East African small and medium-sized enterprises ("SME") with high value-adding potential. The Company is active in the expansive East African market, and by being a long-term and active owner, MTI Investment helps its portfolio companies grow faster and become more profitable. The Company invests primarily in innovative and scalable companies that have the potential for a significant positive impact on society.

Certified Adviser

The Company's Certified Adviser is Mangold Fondkommission AB which can be reached at 08-5030 1550 and by e-mail [email protected]

For additional information

Pontus Engström, CEO, MTI Investment SE

[email protected]

+46 70 716 55 38

This information is information that MTI Investment SE is obliged to make public pursuant to the EU Market Abuse Regulation 596/2014. The information in this press release has been published through the agency of the contact persons set out above, at 11:35 CET on 2021-12-03.

Pontus Engström, CEO, MTI Investment SE

[email protected]

+46 70 716 55 38

MTI Investment SE is a Nordic investment and venture company, founded in 2014 by a team with extensive experience from emerging markets with the aim of investing in East African small- and medium-sized enterprises ("SME") with high value-adding potential. The Company is active in the expansive East African market, and by being a long-term and active owner, MTI Investment helps its portfolio companies grow faster and become more profitable. The Company invests primarily in innovative and scalable companies that have the potential for a significant positive impact on society.

MTI Investment's subsidiary Ecohomes is awarded a contract for interior works at Stanbic Bank, the industrial branch, of approximately SEK 1.5 million

MTI Investment SE announces that its subsidiary Ecohomes Company Ltd has been awarded the contract to do interior construction works for Stanbic Bank, the industrial branch, in relation to its proposed relocation, for a total fixed cost of TZS 370 million, inclusive of VAT, which corresponds to approximately SEK 1.5 million (EUR 141,000).


Martin Rex Empacher joins MTI Investment's subsidiary Zanrec AB as new member of the Board

STOCKHOLM, SWEDEN - MTI Investment today announced that Martin Rex Empacher, CEO and co-founder of YardHouse Capital Group, has been elected to the board of Zanrec AB, a subsidiary (61%) of MTI Investment. Empacher will represent shareholder Claus Jørgensen who via his holding company in December 2021 agreed to invest USD 300,000 into Zanrec for 12,9% shareholding in Zanrec AB.


MTI Investment's warrants of series TO1 start trading on Nasdaq First North

The unit issue of shares and warrants in MTI Investment SE ("MTI Investment" or the "Company") that was completed in connection with the listing of the Company's share on Nasdaq First North Growth Market ("Nasdaq First North") was registered at the Swedish Companies Registration Office on the 27 December 2021. The warrants of series TO1 will start trading on Nasdaq First North on 10 January 2022 and will be traded under the ticker "MTI TO1" with ISIN-code SE0017132269.


MTI Investment's subsidiary Ecohomes is awarded a contract to remodel a bank office for CRDB Bank Plc, the Musoma branch, of approximately SEK 2.2 million

*Correction Notice

Corrections to the previous PR -Musuma-branch remodeling - MTI Investment due to technical error

MTI Investment SE ("MTI Investment" or "the Company") announces that its subsidiary Ecohomes Company Limited ("Ecohomes") has been awarded the contract to remodel one bank office for CRDB, the Musoma branch, for a total fixed cost of TZS 557 million, which corresponds to approximately SEK 2.2 million (EUR 213,000).


MTI Investments dotterbolag Ecohomes tilldelas ett kontrakt för att bygga om ett bankkontor för CRDB Bank Plc, Musoma filialen, motsvarande 2,2 miljoner SEK

MTI Investment SE ("MTI Investment" eller "Bolaget") meddelar att dess dotterbolag Ecohomes Company Limited ("Ecohomes") har tilldelats kontraktet att bygga om ett bankkontor för CRDB, Musoma-filialen, för en total fast kostnad om 557 miljoner TZS, vilket motsvarar cirka 2,2 miljoner SEK (213 000 EUR).


MTI Investment's subsidiary Ecohomes is awarded a contract to remodel a bank office for CRDB Bank Plc, the Musoma branch, of approximately SEK 2.2 million

MTI Investment SE ("MTI Investment" or "the Company") announces") announces that its subsidiary Ecohomes Company Limited ("Ecohomes") has been awarded the contract to remodel one bank office for CRDB, the Musoma branch, for a total fixed cost of TZS 557 million,6,545,286.64, which corresponds to approximately SEK 2.2 million ( or EUR 213,000).


Övertilldelningsoptionen i MTI Investment har ej utnyttjats och stabiliseringsperioden avslutas

MTI Investment SE ("MTI Investment" eller "Bolaget") meddelar att stabiliseringsåtgärder genomförda av Mangold Fondkommission AB ("Mangold") i MTI Investments aktier på Nasdaq First North Growth Market ("Nasdaq First North") har avslutats. Övertilldelningsoptionen har ej utnyttjats.


The over-allotment option in MTI Investment has not been exercised and the stabilization period has ended

MTI Investment SE ("MTI Investment" or the "Company") announces that stabilizing trading by Mangold Fondkommission AB ("Mangold") in MTI Investment's shares on Nasdaq First North Growth Market ("Nasdaq First North") has ended. The overallotment option has not been exercised.


Idag är första dag för handel i MTI Investment på Nasdaq First North Growth Market

Idag, den 21 december 2021, inleds handeln i MTI Investments ("MTI Investment" eller "Bolaget") aktier på Nasdaq First North Growth Market. MTI Investments aktie handlas under kortnamnet "MTI" med ISIN-kod SE0017105539.


Today is the first day of trading in MTI Investment on Nasdaq First North Growth Market

Today, on 21 December 2021, is the first day of trading in MTI Investment SE's ("MTI Investment" or the "Company") shares on Nasdaq First North Growth Market. MTI Investment's share is traded with the ticker "MTI" and ISIN-code SE0017105539.


MTI Investment har godkänts för notering på Nasdaq First North Growth Market

MTI Investment SE ("MTI Investment" eller "Bolaget") har erhållit godkännande för upptagande till handel av Bolagets aktier på Nasdaq First North Growth Market ("Nasdaq First North"). Första dag för handel på Nasdaq First North är den 21 december 2021.


MTI Investment has been approved for listing on Nasdaq First North Growth Market

MTI Investment SE ("MTI Investment" or the "Company") is approved for admission of the Company's shares to trading on Nasdaq First North Growth Market ("First North"). The first day of trading for MTI Investment's shares is on 21 December 2021.


MTI Investments erbjudande övertecknat - handeln förväntas inledas på Nasdaq First North Growth Market den 21 december 2021

MTI Investment SE ("MTI Investment" eller "Bolaget") offentliggör idag utfallet i erbjudandet av units i Bolaget ("Erbjudandet") inför notering på Nasdaq First North Growth Market. Intresset för Erbjudandet har varit stort, och Erbjudandet till allmänheten i Sverige blev övertecknat. Första dag för handel på Nasdaq First North Growth Market är planerad till den 21 december 2021.


MTI Investment's offering oversubscribed - trading is expected to commence on Nasdaq First North Growth Market on 21 December 2021

MTI Investment SE ("MTI Investment" or the "Company") today announces the outcome of the offering of units in the Company (the "Offering") prior to the listing on Nasdaq First North Growth Market. The interest in the Offering has been significant, and the Offering to the public in Sweden was oversubscribed. The first day of trading on Nasdaq First North Growth Market is scheduled for 21 December 2021.


Påminnelse inför sista dagen att teckna i MTI Investment:s nyemission av units inför den planerade noteringen på Nasdaq First North Growth Market

Den 12 december 2021 är sista dag för teckning av units via Avanza och Nordnet inför den planerade noteringen av MTI Investment:s ("MTI Investment" eller "Bolaget") aktier och teckningsoptioner på Nasdaq First North Growth Market. Den 13 december 2021 (15:00 CET) är sista dagen för teckning av units via Mangold.


Reminder ahead of the last day to subscribe in MTI Investment's new issue of units in connection with the intended listing on Nasdaq First North Growth Market

December 12, 2021 is the last day for the subscription of units via Avanza and Nordnet in connection with the intended listing of MTI Investment's ("MTI Investment" or the "Company") shares and warrants on Nasdaq First North Growth Market. December 13, 2021 (15:00 CET) is the last day for the subscription of units via Mangold.


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