Bulletin from the Extraordinary General Meeting on November 13, 2018
The extraordinary general meeting in TargetEveryone AB (publ) (the “Company”) was held at, Kungsgatan 37 in Stockholm, on November 13, 2018.
Fredric Forsman was elected chairman of the meeting.
The meeting resolved, with the required majority, on the following matters:
The meeting decided on the issue of up to 6,000,000 warrants. The right to subscribe for the warrants shall, with deviation from shareholders’ preferential rights, be given to employees and other key persons. The program shall include a maximum of 11 people. Each warrant will entitle the holder to subscribe for one (1) share in the company at an issue price of 3,25 SEK per share between the period of July 1, 2019 to June 30, 2020. Upon full exercise of the warrants, up to 6,000,000 shares (subject to any recalculation), equivalent to about ten percent of the total number of outstanding shares and voting rights, will be issued. If fully subscribed, the company's share capital will increase by SEK 12 000 000, resulting in a dilution of ten percent. Board members are not entitled to subscribe for warrants.
Erik Fagerlid was elected as member of the board replacing Torkel Johannessen the Company’s newly elected CEO. It was resolved that the remuneration to Erik should comprise of SEK 100 000.
See attached document for Swedish version and Erik Fagerlid´s CV.
For further information contact:
+47 977 00 338
Mangold Fondkommission AB (556585-1267)
Box 55 691 102 15 Stockholm
Telefon: +46 8 503 015 50
TargetEveryone is a leading MARTECH company that provides a cutting-edge marketing solution, that helps customers target their market intelligently in a swift and cost-effective manner. The cloud-based solution seamlessly helps the user segment their customers, quickly create campaigns, and then distribute them through email, SMS, Facebook, Twitter, LinkedIn or QR Codes. The solution is based on big data to analyze and refine the customers behavior and demands. TargetEveryone has over 3000 clients in more than 92 countries, and has experienced strong growth as marketing investments continues to move from traditional media to digital media. Customers include Nespresso, Coop, Vita, Match, DNB, Krogh Optikk, Cirkel K and Red Cross. TargetEveryone´s headquarter is in Oslo, with branch offices in Sweden, Holland, Portugal, India and USA. TargetEveryone is listed on Nasdaq First North in Stockholm and Merkur Market in Oslo.