Bulletin from Dustin Group's Extraordinary General Meeting
Dustin Group AB (publ) (”Dustin” or the ”Company”) today held an Extraordinary General Meeting (the "EGM"). Due to the continuing coronavirus pandemic, the EGM was held only through postal voting in accordance with temporary legislation. The EGM resolved in accordance with the proposals of the Board.
The EGM resolved to authorise the Board, for the period until the end of the next Annual General Meeting, to resolve on a new issue of 8,254,587 shares, equivalent to approximately 8.5 percent of the outstanding shares in Dustin, to be used as part of the purchase price in the acquisition of Centralpoint Holding B.V. ("Centralpoint").
The EGM resolved to authorise the Board, for the period until the next Annual General Meeting, to resolve on a new issue of shares with preferential rights for the existing shareholders for the purpose of using the net proceeds to repay credit facilities provided for the acquisition of Centralpoint. By making use of the authorisation, the Board shall have the right to execute the rights issue with total proceeds of approximately SEK 1.2bn through the issuance of, no more than, so many shares that at any time are within the maximum number of shares determined in the Articles of Association and thereby increase the share capital by, no more than, an amount that at any time is within the maximum share capital determined in the Articles of Association.
The EGM also resolved to amend the minimum and maximum share capital and number of shares stated in the Articles of Association in order to adjust the limits to the share issue authorisations.
The acquisition of Centralpoint is conditional upon the approval of the Dutch Competition Authority as well as customary closing conditions. For further information about the acquisition of Centralpoint, please refer to the Company's press release on 13 April 2021. The complete documentation related to the proposals adopted by the EGM can be found on Dustin's website www.dustingroup.com/en/general-meetings.
For additional information, please contact:
Eva Ernfors, Head of Communication
eva.ernfors@dustin.se, +46 70 258 62 94
About Dustin
Dustin is a leading online IT partner with operations in the Nordics and the Netherlands. We help our customers to stay in the forefront by providing them with the right IT solution, at the right time and at the right price.
We offer approximately 255,000 products with related services to companies, the public sector and private individuals. The main focus is on SMEs. Sales for the financial year 2019/20 amounted to approximately SEK 13.2 billion and just over 90 per cent of the revenues came from the corporate market.
Dustin Group has more than 1,700 employees and has been listed on Nasdaq Stockholm since 2015 with headquarters in Nacka Strand just outside central Stockholm.