Resolutions of Loudspring Plc's Extraordinary General Meeting
Loudspring Plc
Company Release
25 February 2021 at 11.30 (EET)
Resolutions of Loudspring Plc's Extraordinary General Meeting
The Extraordinary General Meeting of Loudspring Plc was held on 25 February 2021 in Helsinki. A total of 6 shareholders, 5,033,591 class A shares, 3,213,181 class K shares and 69,297,211 votes were represented in the meeting.
The Extraordinary General Meeting resolved on the following issues:
Authorizing the Board of Directors to decide on issuance of shares, options and other special rights entitling to shares
The Extraordinary General Meeting authorized the Board of Directors to decide, in one or more transactions, on the issuance of class A shares and issuance of options and other special rights entitling to shares referred to in Chapter 10 Section 1 of the Companies Act as follows:
The number of class A shares to be issued based on the authorization may in total amount to a maximum of 10,000,000 shares.
The Board of Directors decides on all the terms and conditions of the issuances of shares and of options and other special rights entitling to shares. The issuance of shares and of options and other special rights entitling to shares may be carried out in deviation from the shareholders’ pre-emptive rights (directed issue), if there is a weighty financial reason for the company. The authorization could be used, inter alia, for issuance of options to persons who held company's options of 2013, in accordance with the company release of the company published on 18 December 2020. The options 2013 entitled their holders to subscribe for new class K shares, and the share subscription period based on the options 2013 ended on 31 December 2020. The precondition for issuing the options is that the former holders of options 2013 have not used corresponding number of the options 2013 for subscription of class K shares. The subscription price of the shares with the options to be issued would be the same as with the options 2013, i.e. EUR 0.0001 per share, or a higher subscription price decided by the Board of Directors.
Shares may be conveyed either against payment or free of charge in the company’s share issues. A directed share issue may be a share issue without payment only if there is an especially weighty reason for the same both for the company and in regard to the interests of all shareholders in the company.
The authorization cancels the corresponding authorization granted by the Annual General Meeting on 3 August 2020.
The authorization is valid until 30 June 2021.
LOUDSPRING PLC
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 company focused on saving natural resources. We own and operate Nordic growth businesses that are fighting climate change and making a big environmental impact. We have a diversified business portfolio with technologies that save energy, water and materials in industry, real estate and in everyday life.
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