Summary of the Recent Equity Issue. The Company issued a total of 2,520,000 Shares during September 2017, at a price of SEK 100 per Share. The formal resolution to issue a total of maximum 2,520,000 new shares in the Company was taken by the general meeting on 15 September 2017, and the resolution of the general meeting was, in accordance with the Swedish Companies Act (Sw. Aktiebolagslagen (2005:551)), based upon a proposal by the Board of Directors. In connection with the Recent Equity Issue, the shares that existed in the Company prior to the Recent Equity Issue were redeemed at a redemption price of SEK 500,000 in aggregate, and for this purpose, the share capital was reduced by SEK 500,000.
Appears in 3 contracts
Samples: Listing Agreement, Listing Agreement, Listing Agreement
Summary of the Recent Equity Issue. The Company issued a total of 2,520,000 5,450,000 Shares during September April 2017, at a price of SEK 100 per Share. The formal resolution to issue a total of maximum 2,520,000 6,000,000 new shares in the Company was taken by the general meeting on 15 September 17 March 2017, and the resolution of the general meeting was, in accordance with the Swedish Companies Act (Sw. Aktiebolagslagen (2005:551)), based upon a proposal by the Board of Directors. In connection with the Recent Equity Issue, the shares that existed in the Company prior to the Recent Equity Issue were was redeemed at a redemption price of SEK 500,000 in aggregate500,000, and for this purpose, the share capital was reduced by with SEK 500,000.
4.1 Limited or no substantial operating history
4.2 Market risk
Appears in 2 contracts
Samples: Listing Agreement, Listing Agreement