Extraordinary General Meeting held by TC TECH Sweden AB (publ)
TC TECH Sweden AB (publ) held an Extraordinary General Meeting today, November 16 2018, adjacent to the company’s own premises at Domnarvsgatan 4 in Spånga, Sweden. Approximately 57 % of all issued shares were represented at the EGM.
It was decided to authorize the Board to make a resolution to issue new shares.
The EGM approved the board of directors decision regarding a rights issue of maximum 2,142,680 new shares, increasing the share capital with 171,414,40 SEK.
The EGM also approved the board of directors decision regarding an allotment issue of maximum 715,000 new shares, increasing the share capital with 57,200 SEK.
For further information, contact:
Peter Mattisson, Chairman of the Board of TC TECH
Tel: 46 (0)708–55 34 34
The information was submitted for publication, through the agency of the contact person set out above, at 14.30 C.E.T. on 16 November 2018.
About TC TECH
TC TECH develops, manufactures and sells systems used for the replication of nano-structures in polymer products. The company’s business operations are based on an IPR-protected induction technology developed by TC TECH’s own R & D team. The technology makes it possible to heat and cool different kinds of material – in very short time, and with very high precision. The technology is well suited for polymers, and the company has chosen Light Guide Plates (LGP) as its initial focus. LGP is an acrylic panel that directs and diffuses the light emitted from the light source behind the display. TC TECH’s system makes it possible to produce displays that are thinner, refracts light more efficiently while at the same time reducing energy consumption.
The TC TECH share is listed on Nasdaq First North. Arctic Securities is the company’s Certified Adviser.