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.

Pontus Engström, CEO, comments:

"We are very grateful for the strong interest in MTI and for the trust we have received from both existing and new shareholders in this important issue and listing process. We are looking forward to investing and creating value for all shareholders over the coming years and to establishing MTI as an important base for entrepreneurship and job creation in East Africa."

Subscription

The Offering was oversubscribed, meaning that 1,650,000 shares and 1,100,000 warrants will be issued. The Company will thus receive approximately SEK 22.1 million in issue proceeds, of which approximately SEK 1.2 million relates to the set-off of convertible loans, before issuing costs.

Allocation

Allocation of units, subscribed for in the Offering, is carried out in accordance with the principles stated in the terms and conditions published on 26 November 2021. The subscribers who have received allocation through subscription via nominee will receive notification of allocation via their respective nominee. As soon as the issue has been registered with the Swedish Companies Registration Office, warrants of series TO1 will be delivered to custody accounts or securities accounts. Settlement notes are scheduled to be sent out today, on 15 December 2021.

Shares and share capital

After the registration of all shares and warrants in the Offering, the number of shares in the Company will increase from 3,733,600 to 5,383,600. The number of warrants of series TO1 as a result of the Offering will amount to 1,100,000. The share capital in the Company will increase by EUR 330,000 from EUR 746,720 to EUR 1,076,720.

Green shoe option

In order to cover a possible over-allotment in connection with the Offering, MTI Investment has undertaken to offer up to 82,500 additional units, corresponding to 15 percent of the total number of units in the Offering (the "Green Shoe Option"). In the event that the Green Shoe Option is fully exercised, MTI Investment will be provided with additional SEK 3.3 million approximately. A potential increase in the Offering through the possible exercise of the Green Shoe Option will be announced in a press release at a later date.

Preliminary timetable

The settlement date for the issue is 17 December 2021. The first day of trading in the Company's share on Nasdaq First North Growth Market is scheduled for 21 December 2021. The warrants in the Offering will be issued to the holder when the issue is registered with the Swedish Companies Registration Office. The Company will apply for admission to trading of the warrants in connection with the registration and the first day of trading will be announced in a separate press release.

Stabilization measures

In connection with the Offering, Mangold Fondkommission AB will act as stabilizing manager and can carry out transactions to keep the market price of the shares at a level above that which could otherwise prevail in the open market. However, the warrants will in no case be subject to any stabilization measures. Such stabilization transactions may be conducted on Nasdaq First North, on the OTC market or otherwise, at any time during the period beginning on the first day of trading in the Company's shares on Nasdaq First North and ending no later than 30 calendar days thereafter.

The stabilizing manager has no obligation to take any stabilization measures and there is no guarantee that stabilization measures will be taken. Under no circumstances will transactions be carried out at a price higher than that stated in the Offering. The stabilizing manager may exercise the Green Shoe Option and over-allot shares in order to facilitate the execution of stabilization transactions.

Furthermore, the stabilization transactions, if commenced, may be terminated at any time without notice and will in any case be terminated no later than by the end of the aforementioned 30-day period. By the end of the seventh trading day following the execution of stabilization transactions, the stabilizing manager shall publish that stabilization transactions have been carried out, in accordance with Article 5 (4) of EU Market Abuse Regulation 596/2014 and Commission Delegated Regulation (EU) 2016/1052. Within one week following the end of the stabilization period, the stabilizing manager will publish whether or not stabilization was performed, the date on which stabilization was initiated, the date on which stabilization was last performed, and the price range within which stabilization was performed for each of the dates on which stabilization transactions were executed.

Advisors

Mangold Fondkommission is the financial advisor and Advokatfirman Schjødt is the legal advisor to the Company in connection with the Offering.

For additional information

Pontus Engström, CEO, MTI Investment SE

[email protected]

+46 707 165 538

Certified Adviser

Mangold Fondkommission AB is the Company's Certified Adviser and can be reached by phone, 08-5030 1550, and via e-mail, [email protected].

This disclosure contains information that MTI Investment SE is obliged to make public pursuant to the EU Market Abuse Regulation (EU No 596/2014). The information was submitted for publication, through the agency of the contact person set out above, on 15 December 2021, 09:05 CET.

About MTI Investment SE

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.

Important information

Publication, announcement or distribution of this press release may be subject to restrictions in certain jurisdictions. The recipients of this press release in the jurisdictions in which this press release has been published or distributed shall inform themselves of and comply with such restrictions. This press release does not constitute an offer of, or an invitation to, acquire or subscribe for any securities in the Company in any jurisdiction, either from the Company or anyone else. The Offering is addressed to the public in Sweden and selected institutional investors only through terms & instructions that the Company publishes.

The press release may contain forward-looking statements that reflect the Company's current view of future events as well as financial and operational development. Expressions such as "refers to", "aims at", "expects", "anticipates", "can", "appreciates", "plans", "calculates" and other expressions that indicate or anticipate future developments or trends and that are not based on historical facts. Such forward-looking statements are based on assumptions or estimates and the Company makes no guarantees that such statements will be fulfilled or prove to be correct. The Company is also not responsible for the future accuracy of the information.

This press release neither identifies nor claims to identify risks (direct or indirect) that may be attributable to an investment in securities in the Company and the press release does not constitute a recommendation for any investors' decisions regarding the Offering. An investment decision in connection with the Offering shall be made on the basis of all publicly available information regarding the Company and the Company's shares and warrants. The information in this press release is published only as background information and does not claim to be complete. Thus, an investor should not rely solely on the information contained in this press release or its accuracy or completeness. The price and value of the securities may decrease as well as increase. Achieved results do not constitute an indication of future results.

Copies of this press release or the information contained herein may not, in whole or in part, directly or indirectly, be distributed or sent to Australia, Hong Kong, Japan, Canada, New Zealand, Switzerland, Singapore, South Africa or the United States or any other jurisdiction where such action would be contrary to applicable laws or regulations or would require that additional registration takes place or that any other action is taken in addition to what is required by Swedish law.

Furthermore, the securities mentioned in this press release have not been registered and will not be registered under any applicable securities law in Australia, Hong Kong, Canada, New Zealand, Japan, Switzerland or South Africa and may, with certain exceptions, not be offered or sold to or within, or on behalf of a person or for the benefit of a person who is registered, resident or located in, these countries.

This press release does not constitute, and is not part of, an offer or solicitation to purchase or subscribe for securities in the United States. The securities mentioned in this press release have not been registered and will not be registered under the then-current United States Securities Act of 1933 (the "Securities Act") or under the securities laws of any state or other jurisdiction in the United States and may not be offered, sold or otherwise transferred, directly or indirectly, in or to the United States, except under an applicable exemption from, or through, a transaction not covered by the Securities Act, and in accordance with the securities laws of the relevant state or other jurisdiction in the United States. The information in this press release may not be published, published, copied or distributed, directly or indirectly, in whole or in part, in or to any jurisdiction where the publication, publication or distribution of the information would not comply with applicable laws and regulations or would require registration or action other than those required by Swedish law. Measures in violation of these instructions may constitute a breach of applicable securities law.

In connection with the offering or sale of securities referred to in this announcement, financial advisors engaged by MTI Investment may carry out over-allotment / stabilization of securities or transactions aimed at supporting the price of the securities to a higher level than would otherwise prevail. Any stabilization or over-allocation will be carried out by committed financial advisors in accordance with all applicable laws and regulations.

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.

Torbjörn Jacobsson joins MTI Investments subsidiary Ecohomes Company Limited as a new member of the Board

STOCKHOLM, SWEDEN - MTI Investment announces that Torbjörn Jacobsson, has been elected to the board of Ecohomes Company Limited, a subsidiary (77%) of MTI Investment. Jacobsson will also take on an operating role within MTI as Chief Governance and Risk Officer (CGRO).




Kallelse till årsstämma i MTI Investment SE

Aktieägarna i MTI Investment SE, org. nr 517100-0135, ("Bolaget") kallas härmed till årsstämma torsdagen den 9 juni 2022.

Styrelsen meddelar även att de senarelägger publicering av årsredovisning 2021 från vecka 19 till vecka 20.

Mot bakgrund av risken för spridning av Covid-19 och myndigheternas föreskrifter och råd om undvikande av sammankomster har styrelsen beslutat med stöd av tillfälliga lagregler att årsstämman ska genomföras utan fysisk närvaro genom att aktieägare utövar sin rösträtt endast genom poströstning.

Information om de av årsstämman fattade besluten offentliggörs den 9 juni 2022 genom pressmeddelande.


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MTI Investment's subsidiary Ecohomes is awarded another contract for interior works at Stanbic Bank, the Moshi Branch, of approximately SEK 1.5 million (EUR 144,000)

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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).


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