Business Transacted at the Annual General Meeting, 24 April 2023
The annual general meeting of LED iBond International A/S was held today in accordance with the previously announced agenda. The following resolutions were passed:
- The Board of Director’s report on the activities of the company during the past financial year was noted.
- The annual report was approved.
- The proposal to transfer the profit for the year as stated in the annual report was adopted.
- The proposal to grant discharge to the Board of Directors and the management was adopted.
- The proposal for remuneration of the Board of Directors was adopted.
- The proposal to re-elect Beierholm, Statsautoriseret Revisionspartnerselskab, CVR no. 32895468, as the company’s auditor was adopted.
- The proposal to elect three members to the Board of Directors was adopted.
- The Board members up for re-election, Michael Brag, Martin Kjær Hansen and Jeppe Tanggaard Jacobsen were re-elected. Jan Dall Christensen has decided to step down from the Board of Directors. Michael Brag thanked Jan Dall for his contribution to LED iBond International.
- The proposals from the board of directors
9a. Authorisation to the Board of Directors to increase the share capital without pre-emptive rights
9b. Authorisation to the Board of Directors to issue convertible debt instruments without pre-emptive rights
9c. Authorisation to the Board of Directors to increase the share capital with pre-emptive rights
9d. Authorisation to the Board of Directors to acquire own shares
9e. Amendment of the Articles of Association
were all adopted.
As the votes for adaption of authorisation 9a and 9b was 100% of the represented capital, the capital increases under said authorisation at a discounted price can be subscribed for by both non-shareholders and shareholders of the Company (cf. section 107(2), no. 1, of the Companies Act).
- The proposal to authorise the chairperson with right of substitution to apply for registration of adopted proposals with the Danish Business Authority was adopted.
At a meeting of the Board of Directors held immediately after the annual general meeting, Michael Brag was re-elected as chairman of the board.
The complete minutes of the annual general meeting and Articles of Association will be available on the company’s website www.ledibond.com from today.
Further Information
Martin Løbel, CEO
Mobile: +45 2722 6237
Email: mlo@ledibond.com
Company contact
LED iBond International A/S
Agern Allé 5A
2970 Hørsholm
Denmark
CVR 36041609
+45 7070 7855
info@ledibond.com
www.ledibond.com
Certified advisor
Västra Hamnen Corporate Finance
Jungmansgatan 12
211 19 Malmö
Sweden
Telephone: +46 40 200 250
Email: ca@vhcorp.se
About LED iBond International A/S
Founded in 2014, LED iBond International offers innovative lighting solutions, based on years of development and deep knowledge of modern LED technology combined with advanced packaging and assembly technology. Our patented technology platform includes a very thin formfactor of only 6 mm for the light panels, offering a unique value proposition based on high design flexibility, robustness, IoT integration, and low total costs of ownership due to market leading energy efficiency and superior cooling properties. The technology platform also reduces the installation cost due a modular design with a limited need for traditional electrical wiring.
LED iBond’s technology has been installed in many projects, ranging from intelligent shelf lighting to numerous large scale illumination projects such as various parking facilities and as the indoor installation of 3.2 kilometres of TRACY®, the company’s innovative flagship product, at the Technical University of Denmark.
LED iBond is focusing on three key business lines: Smart Building (Industry & Home), Vertical Farming, and UV Disinfection, all projected to show significant growth in the years to come. For Vertical Farming LED iBond’s roadmap includes lighting solutions which incorporate advanced IT management with monitoring using sensors, cameras, and plant analysis. Manufacturing takes place in Denmark in LED iBond’s own production facility with highly automated assembly lines.
LED iBond International A/S is admitted to trading on Nasdaq First North Growth Market Denmark (ticker: LEDIBOND).