The extra general meeting of
Authorization for the board to issue shares, convertibles and/or warrants
The extra general meeting resolved, in accordance with the board of directors'proposal, to authorize the board of directors during the period up until the next annual general meeting to, on one or more occasions, resolve to issue B shares, convertibles and/or warrants with right to convert into and subscribe for B shares respectively, with or without preferential rights for the shareholders, in the amount not exceeding ten percent of the total number of shares in Embracer at the time when the authorization is used the first time, to be paid in cash, in kind and/or by way of set-off. The purpose for the board to resolve on issuances with deviation from the shareholders preferential rights in accordance with the above is primarily for the purpose to raise new capital to increase flexibility of
In connection with issuances in accordance with the above, the board of directors shall, when determining the number of shares, warrants or convertibles that may be issued pursuant to the authorization, consider and deduct the number of shares Embracer holds itself at every given time after any possible reclaim of shares that have been issued in connection with acquisitions.
For further details regarding the resolutions at the general meeting refer to the notice which is available at
For additional information, please contact:
Tel: +46 708 47 19 78
E-mail: lars.wingefors@embracer.com
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https://news.cision.com/embracer-group-ab/r/announcement-from-embracer-group-s-extra-general-meeting,c3591577
https://mb.cision.com/Main/15049/3591577/1597254.pdf
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