The environmental technology company Ecorub's board has decided on a directed set-off share issue to shareholder and creditor Svante Larsson. The issue comprises a maximum of 48.4 million B shares at a subscription price of SEK 0.062 per share, which corresponds to the closing price on June 26. Through the issue, debt of up to SEK 3 million is offset, which reduces the company's indebtedness. The issue results in dilution of approximately 8.1 percent, and the issue costs are estimated at approximately SEK 50,000.