New share issue. If the Company carries out a new share issue under Chapter 13 of the Swedish Companies Act, with pre-emption rights for the shareholders to subscribe for new shares against payment in cash or by set-off, the following applies to the right to participate in the issue with respect to a Share allotted due to Subscription:
1. If the board of directors resolves to issue Shares subject to approval at a shareholders’ meeting, or as authorised at a shareholders’ meeting, the resolution to issue Shares will specify the last date on which Subscription must take place in order for the Shares allotted as a consequence of Subscription to entitle the Holders to participate in the new share issue.
New share issue. If the Company carries out a new share issue under Chapter 13 of the Swedish Companies Act, with pre-emption rights for the shareholders to subscribe for new shares against payment in cash or by set-off, the following applies to the right to participate in the issue with respect to a Share allotted due to Subscription:
1. If the board of directors resolves to issue Shares subject to approval at a shareholders’ meeting, or as authorised at a shareholders’ meeting, the resolution to issue Shares will specify the last date on which Subscription must take place in order for the Shares allotted as a consequence of Subscription to entitle the Holders to participate in the new share issue.
2. If the new share issue resolution has been passed at a shareholders’ meeting, and a request for Subscription is made at such a time that Subscription cannot be made on or before the tenth calendar day before the shareholders’ meeting at which the new share issue resolution is to be considered, Subscription will not take place until the Company has made the adjustment in accordance with Section
New share issue. If the Company carries out a new share issue under Chapter 13 of the Swedish Companies Act, with pre-emption rights for the shareholders to subscribe for new shares against payment in cash or by set-off, the following applies to the right to participate in the issue with respect to a Share allotted due to Subscription:
1. If the board of directors resolves to issue Shares subject to approval at a shareholders’ meeting, or as authorised at a shareholders’ meeting, the resolution to issue Shares will specify the last date on which Subscription must take place in order for the Shares allotted as a consequence of Subscription to entitle the Holders to participate in the new share issue. If the new share issue resolution has been passed at a shareholders’ meeting, and a request for Subscription is made at such a time that Subscription cannot be made on or before the tenth calendar day before the shareholders’ meeting at which the new share issue resolution is to be considered, Subscription will not take place until the Company has made the adjustment in accordance with Section 18.3. Shares issued due to such a Subscription are temporarily registered in the Company’s share ledger, which means that they do not entitle the Holders to participate in the issue. If the Company is a CSD Company, then, in the same way, the Shares are temporarily registered in a VP account and do not entitle the Holders to participate in the issue. An adjusted Subscription Price and an adjusted number of Shares apply in the case of Subscription taking place at such times that the right to participate in new share issues does not arise. Adjustment will be made by the Company through its board of directors, using the following formulae: adjusted number of Shares to which = each Warrant confers entitlement In the event of Market Quotation the average Share price is deemed to be the average of the highest and lowest paid prices as shown on the marketplace’s official list or other relevant market quotation for each trading day during the subscription period. If no transaction price is quoted, the closing bid price quoted will instead form the basis for the calculation. Days for which neither a paid xxxxx nor a bid price can be given will not be included in the calculation. The theoretical value of the subscription right is calculated using the following formula: If the above calculation results in a negative figure, the theoretical value of the subscription right will be set at zero. Adjustm...