The Board refers to the press release
Pursuant to the request of
The Board, acting for the benefit of all shareholders, has informed QVT, in response to its request that the Board voluntarily step down, that it believes it is inappropriate to do so in favor of handing the company over to its majority shareholder. The Board further informed QVT that, instead of removing the board QVT had constituted approximately eight years ago, it would be preferable for QVT to make a public offer at net asset value for NAXS’s shares held by minority shareholders. This would give minority shareholder the choice of continuing in a QVT controlled vehicle or cashing out at a fair price. The Board continues to maintain that view.
The notice for the meeting, including QVT’s complete proposals for the extraordinary general meeting, has been made public by way of press release and is available on the company’s website.
Contact information:
Telephone: +1 (212) 945-9159
This information is information that
This press release and further information is available on the Company’s website, www.naxs.se.
Corp. Reg. No. 556712-2972
Nybrogatan 8
114 34
Tel: +46 766 40 00 40, E-mail: info@naxs.se
NAXS is listed on Nasdaq Stockholm. NAXS primarily invests in private equity funds with a Nordic focus, but may also make direct investments or co-investments alongside private equity or other alternative assets funds. In addition, NAXS may, to a limited extent, make other types of investments.
Attachment
- PR 2021-05-21 Comment of the NAXS Board to the notice for an EGM
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