Hudya AB resolves on a directed issue of shares to a lender by set-off
The Board of Directors of Hudya AB (the “Company”) has today resolved upon, pursuant to the authorization by the Extraordinary General Meeting held on 16 October 2019, a directed issue of 1,350,155 shares, with deviation from the shareholders’ preemptive right. The issue is directed to a lender (MH Investment ApS) under an equity bridge loan agreement, that the Company entered into in October 2019, in order to enable conversion of the loan amount into shares in accordance with the equity bridge loan agreement. The reason for deviation from the shareholders’ preemptive right is that the