Here are Antti’s comments on EcoUp’s plans for a 3 million directed share issue 
EcoUp announced on Friday afternoon that it is considering a directed share issue of approximately EUR 3 million to strengthen the company’s capital structure and finance growth. The company’s major shareholders have committed to subscribing for a significant portion of the issue. We are not particularly surprised by the share issue plan, as the company’s balance sheet position has tightened following weak earnings performance. The issue reduces the company’s financial risk, but if implemented, it will cause significant dilution for existing shareholders. We will incorporate the planned financing arrangement into our forecasts at the latest after its completion.