Photocat A/S: 1st Quarter Interim Report 2017

Significant Events During the 1st Quarter 2017

Revenue for the quarter was 3.37 MDKK
Breaks the 1 million square meter threshold of photocatalytic surfaces with NOxOFF, Photocat Garden and actiFLOOR combines.
ASAK Miljøstein launched its new line of photocatalytic concrete products in March together with Photocat and Bellona in Norway.
The Season for Photocat Garden opened in March with products now available in Denmark, Sweden, Norway, Germany, Austria and Spain.
In February, a strong institutional Danish investor, Strategic Investments A/S, invested 11.8 MSEK in Photocat corresponding to 643,700 shares [See press release as of 15/02/2017]. We welcome Strategic Investments A/S and are very pleased to see that we now have a larger Danish investor as shareholder and Strategic Investments A/S has expressed a strong commitment to be part of building a strong and profitable company.
In February Photocat established a warrants program for its management and key employees [See press release as of 15/02/2017].
In February Photocat entered into partnership with Troldtekt A/S to develop a new line of photocatalytic acoustic ceilings [See press release as of 21/02/2017].

The full report can read here

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