Loudspring extends directed share issue
Loudspring Oyj
Company release, inside information
23.12.2021, 09:00 (EET)
Based on the authorization granted by the Annual General Meeting of the Company on 23 April 2021, the Board of Directors of Loudspring Oyj (“Loudspring” or the “Company”) have on 22 December 2021 resolved on an EUR 100 000 extension to the directed share issue resolved on 19 November 2021.
In the share issue extension, 500 000 new A shares (the “Offer Shares”) were offered to the investors participating in the share issue. The subscription price in the Share Issue was EUR 0,20 per Offer Share.
After the extension, the total share issue amounts to 4 500 000 offer shares, amounting to EUR 900 000, of which EUR 100 000 comprises of converted interests.
The entire subscription price of the Offer Shares will be recorded in the Company's reserve for invested unrestricted equity. The reasons for the deviation from the shareholders’ preemptive rights was to raise capital in a time and cost-effective manner.
After the extension, the Offer Shares represent approximately 9,4% of the outstanding shares and 3,5% of the votes in the Company after the Share Issue. Following the Share Issue, the number of issued and outstanding class A shares of the Company will be 43 453 097. The total number of issued and outstanding shares of the Company will be 47 761 691
Loudspring Oyj
Board of Directors
Contact information:
Jarkko Joki-Tokola, CEO, Loudspring Oyj. Tel. +358 40 637 0501, jarkko@loudspring.earth
Erik Penser Bank AB, Certified Adviser. Tel. +46 8 463 83 00, certifiedadviser@penser.se
Loudspring in brief
Loudspring is an investment group focused on saving natural resources. Our strategy is to focus on the ownership and governance in Eagle Filters where we see a clear path to a long term profitable and scalable business, and divest more opportunistic higher risk investments, transforming into an industrial company. Our customers saved 125 000 tons CO2 emissions during 2020 using our technology, which equates to the CO2 carbon footprint of 12 000 Finns on average.
The company group is listed on First North Growth Market Finland under the ticker LOUD and on First North Growth Market Stockholm under the ticker LOUDS.
LinkedIn: https://www.linkedin.com/company/loudspring/
Twitter: @loudspring
FB: @loudspringco