Resolutions of Loudspring Plc's Extraordinary General Meeting
Loudspring Plc
Company Release
27 October 2022 at 17.00 (EET)
Resolutions of Loudspring Plc's Extraordinary General Meeting
The Extraordinary General Meeting of Loudspring Plc was held on 27 October 2022 in Helsinki. A total of nine (9) shareholders, 18,794,957 series A shares, 3,331,110 series K shares and 85,417,157 votes were represented in the meeting.
The Extraordinary General Meeting resolved on the following issues:
Amendment to the Articles of Association
The Extraordinary General Meeting resolved in accordance with the proposal of the Board of Directors that the trade name of the company is changed to Eagle Filters Group Oyj and that paragraph 1 of the Articles of Association is thus amended to read as follows:
“1 § Trade name and domicile
The trade name of the company is Eagle Filters Group Oyj, in Swedish Eagle Filters Group Abp and in English Eagle Filters Group Plc.
The domicile of the company is Helsinki.”
In addition, the Extraordinary General Meeting resolved in accordance with the proposal of the Board of Directors that the line of business of the company, included in paragraph 2 of the Articles of Association, is amended as follows:
“2 § Line of business of the company
The line of business of the company is to conduct energy and resource efficient technology related business as well as development and production of thereto-related products, services and content, administration and development related operations and consulting. In addition, the company may own, purchase and sell securities, own real estates as well as conduct financing and other investment activities. The company may carry out the business mentioned above directly or through subsidiaries, associates or participating companies.”
Authorizing the Board of Directors to decide on issuance of shares, options and other special rights entitling to shares
The Extraordinary General Meeting resolved in accordance with the proposal of the Board of Directors to authorize the Board of Directors to decide, in one or more transactions, on 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 30,000,000 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.
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 authorization granted by the Annual General Meeting on 20 June 2022.
The authorization is valid until 27 October 2027.
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 focused on saving natural resources. We own a portfolio of Nordic growth companies that have the potential of making a big environmental impact globally. We have selected to use our resources to develop Eagle Filters, our fully owned daughter company that provides high performance air filters for the energy industry as well as personal protective equipment. With this strategy we see a clear path to a long term profitable and scalable business, transforming into an industrial company.
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: @loudspringc