Report from the Extraordinary General Meeting of Alimak Group AB on September 2, 2022
Alimak Group AB (publ) held an extraordinary general meeting on Friday, September 2, 2022.
The main resolutions passed at the meeting were as follows. More detailed information about the contents of the resolutions may be obtained from the complete notice of the extraordinary general meeting, which is available on the company’s website.
Amendment of the articles of association
The meeting resolved, in accordance with the Board of Directors’ proposal, to amend the company’s articles of association by increasing the limits on the company’s share capital and the number of shares in the company. Through the resolution, the limits on the company’s share capital have increased from not less than SEK 660,000 and not more than SEK 2,640,000, to not less than SEK 1,000,000 and not more than SEK 4,000,000. Through the resolution, the limits on the number of shares in the company have also increased, from not less than 33,000,000 shares and not more than 132,000,000 shares, to not less than 50,000,000 shares and not more than 200,000,000 shares.
Authorisation to the Board of Directors to resolve on new issues of shares
The meeting resolved, in accordance with the Board of Directors’ proposal, to authorise the Board of Directors to, on one or more occasions before the next Annual General Meeting, resolve to issue new shares. An issue of new shares can only be decided with regard to shareholders' pre-emption rights. Following this authorisation, the Board of Directors may resolve to issue a total maximum number of shares equivalent to issue proceeds of a maximum of SEK 2,500,000,000. The authorisation includes the right to resolve that shares will be issued against cash payment.
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For more information, please contact:
Thomas Hendel, Chief Financial Officer, thomas.hendel@alimakgroup.com
About Alimak Group
Alimak Group is a world-leading provider of vertical access solutions for professional use, listed on Nasdaq OMX Stockholm. With presence in more than 100 countries, the Group develops, manufactures, sells and services vertical access solutions with focus on adding customer value through greater safety, higher productivity and improved cost efficiency. Alimak Group's products and solutions are sold under the brands Alimak, CoxGomyl, Manntech, Avanti and Alimak Service. The Group has an installed base of around 70,000 elevators, hoists, platforms, service lifts and building maintenance units around the world. Founded in Sweden 1948, the Group has its headquarters in Stockholm, 10 production and assembly facilities in 8 countries and 2,100 employees around the world. www.alimakgroup.com