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Eco Wave Power announces change of Certified Adviser to Vator Securities

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Eco Wave Power Global AB (WAVE) announced its transition to Vator Securities as its new Certified Adviser, effective January 1, 2022. The company is recognized for its innovative wave energy technology and has received several accolades, including being labeled as a "Pioneering Technology" by the Israeli Ministry of Energy. Eco Wave Power focuses on producing green electricity from ocean waves, aiming to combat climate change. This change in advisers is set to benefit the company as it continues its mission, supported by funding from the EU and recognition from the United Nations.

Positive
  • Transition to Vator Securities as Certified Adviser may enhance investor relations and support future capital initiatives.
  • Recognition as a 'Pioneering Technology' by the Israeli Ministry of Energy positions the company favorably in the renewable energy sector.
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  • None.

STOCKHOLM, Dec. 28, 2021 /PRNewswire/ -- Publicly traded wave energy developer, Eco Wave Power Global AB (publ) ("Eco Wave Power" or the "Company") (NASDAQ US: WAVE) (NASDAQ First North: ECOWVE), today announces change of Certified Adviser to Vator Securities.

Eco Wave Power hereby announces that it has entered into an agreement with Vator Securities AB ("Vator Securities") regarding the service as a Certified Adviser. Vator Securities will be appointed Certified Adviser (CA) on January 1, 2022. Up until then, FNCA will continue to act as Certified Adviser for the Company.

About Eco Wave Power Global AB (publ)

Eco Wave Power Global AB (publ) ("Eco Wave Power") is a leading onshore wave energy technology company that developed a patented, smart and cost-efficient technology for turning ocean and sea waves into green electricity. Eco Wave Power's mission is to assist in the fight against climate change by enabling commercial power production from ocean and sea waves.

Eco Wave Power is recognized as a "Pioneering Technology" by the Israeli Ministry of Energy and was labeled as an "Efficient Solution" by the Solar Impulse Foundation. Eco Wave Power's project in Gibraltar has received funding from the European Union Regional Development Fund and the European Commission's Horizon 2020 framework program. The company has also received the "Global Climate Action Award" from the United Nations.

Eco Wave Power's common shares (ECOWVE) are traded on Nasdaq First North and its ADSs (WAVE) are traded on the Nasdaq Capital Market.

FNCA is the Company's Certified Adviser (+46 8-528 00 399,  info@fnca.se).

Read more about Eco Wave Power at: www.ecowavepower.com.

Information on, or accessible through, the website mentioned above does not form part of this press release.

For more information, please contact:

Inna Braverman, CEO
inna@ecowavepower.com
+9723509401

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/ewpg-holding-ab--publ-/r/eco-wave-power-announces-change-of-certified-adviser-to-vator-securities,c3479134

The following files are available for download:

https://mb.cision.com/Main/18497/3479134/1515237.pdf

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Cision View original content:https://www.prnewswire.com/news-releases/eco-wave-power-announces-change-of-certified-adviser-to-vator-securities-301451193.html

SOURCE EWPG Holding AB (publ)

FAQ

What is the recent change announced by Eco Wave Power (WAVE)?

Eco Wave Power announced a change of Certified Adviser to Vator Securities, effective January 1, 2022.

What recognition has Eco Wave Power (WAVE) received?

Eco Wave Power has been recognized as a 'Pioneering Technology' by the Israeli Ministry of Energy and received the 'Global Climate Action Award' from the United Nations.

When will Vator Securities begin serving as Certified Adviser for WAVE?

Vator Securities will officially be appointed as the Certified Adviser starting January 1, 2022.

What is Eco Wave Power's mission?

Eco Wave Power's mission is to assist in the fight against climate change by producing commercial power from ocean waves.

What projects has Eco Wave Power (WAVE) received funding for?

Eco Wave Power's project in Gibraltar received funding from the European Union Regional Development Fund and Horizon 2020.

Eco Wave Power Global AB (publ) American Depositary Shares

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