The Board of Quartiers proposes an exchange of preference shares for ordinary shares and that the AGM resolve not to pay dividends on preference shares
Owing to the uncertainty resulting from the coronavirus pandemic and in order to meet the market-based terms for loan financing in the current situation, the Board of Quartiers Properties AB (publ) (“Quartiers” or “the Company”) proposes that the AGM resolve not to pay a dividend on the Company’s preference shares. Instead, a voluntary exchange is proposed whereby each preference shareholder is offered the opportunity to exchange one preference share for one ordinary share and two free-of-charge share warrants (“the Exchange Offer”).The Board proposes that the AGM resolve not to pay a
