Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Sweden
  4. Nasdaq Stockholm
  5. SolTech Energy Sweden AB (publ)
  6. News
  7. Summary
    SOLT   SE0005392537

SOLTECH ENERGY SWEDEN AB (PUBL)

(SOLT)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancials 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

SolTech Energy Sweden : Report from Advanced Soltech Sweden AB (publ) Annual General Meeting on May 26, 2021

05/27/2021 | 03:16am EDT

The shareholders of Advanced Soltech Sweden AB (publ) held an Annual General Meeting on Wednesday, May 26, 2021. Below is a summary of the meeting.

Annual report

The annual report, the auditor's report as well as the consolidated accounts, the consolidated auditor's report were presented and the income statements and balance sheets for the parent company and the group were adopted.

Disposition of results

The Annual General Meeting resolved that no dividend be paid for the 2020 financial year and that the accumulated profit be transferred to a new account in accordance with the proposal from the administration report.

Discharge from liability

The Annual General Meeting granted discharge from liability for the Board members and the CEO.

The Board of Directors and Chairman of the Board

The Annual General Meeting resolved to re-elect Frederic Telander, Stefan Ölander, Vivianne Holm, Patrick de Muynck, Ben Wu and Gang Bao. Frederic Telander was re-elected Chairman of the Board.

Auditor

The Annual General Meeting resolved to re-elect PricewaterhouseCoopers AB as an auditing company. It was noted that the authorized public accountant Claes Sjödin would continue to be the principal auditor.

Fees

The Annual General Meeting resolved that the board members Vivianne Holm and Patrick de Muynck shall receive a board fee of SEK 150,000 each and that no fee shall be paid to the remaining board members, as they are employees within the group or represent the main owners. The Annual General Meeting resolved that fees to the Company's auditor shall be paid in amounts according to current / approved invoices in accordance with customary billing standards.

Issue authorization

The Annual General Meeting resolved to authorize the Board of Directors to, on one or more occasions, during the period until the next Annual General Meeting, with or without preferential rights for the shareholders, decide on a new issue of shares, warrants and / or convertibles. The total number of shares that may be added on the basis of the authorization may correspond in total to a maximum of the maximum limit for the number of shares in accordance with the Articles of Association that apply at the time when the authorization is used for the first time. The issue decision must contain provisions on cash payment and / or on non-cash or set-off or that subscription may take place with other conditions.

Division of shares (split)

The Annual General Meeting resolved on a share split, 50:1 whereby one (1) existing share is divided into fifty (50) shares. After the share split, the number of shares will amount to 21,578,350 shares, each with a quota value of SEK 0.20.

Update of articles of association

The Annual General Meeting resolved on an updated wording of item 5 in the company's Articles of Association “Number of shares” and item 11 “Proxy collection and postal voting”. The Articles of Association in their new wording are kept available on the company's website.

Advanced Soltech Sweden AB (publ)

The Board of Directors

© Modular Finance, source Nordic Press Releases

All news about SOLTECH ENERGY SWEDEN AB (PUBL)
09/23SOLTECH ENERGY SWEDEN : Advanced Soltech signs an order in China that generates approx. SE..
AQ
09/22Advanced Soltech Sweden AB has filed an IPO in the amount of SEK 196.345161 million.
CI
09/15SOLTECH ENERGY SWEDEN : Advanced Soltech signs an order in China that provides approximate..
AQ
09/14SOLTECH ENERGY SWEDEN : Advanced Soltech signs an order in China that generates approx. SE..
AQ
09/09SOLTECH ENERGY SWEDEN : Completes Oversubscribed Shares Issue
MT
09/09SOLTECH ENERGY SWEDEN : rights issue oversubscribed by 166 percent. The company will thus ..
AQ
09/06Soltech Installs Roofs and Solar Panels for the Real Estate Company Willhem in Gothenbu..
CI
09/03SolTech Energy Sweden AB Will Build the Nordic Region's Solar Cell Facility on A Roof
CI
09/02SOLTECH ENERGY SWEDEN : Advanced Soltech issues approx SEK 24.4 million of new of preferen..
AQ
08/30SOLTECH ENERGY SWEDEN : acquires 90.1 percent of Wettergren's Tak
AQ
More news
Financials
Sales 2020 434 M 50,2 M 50,2 M
Net income 2020 -90,4 M -10,5 M -10,5 M
Net Debt 2020 735 M 85,0 M 85,0 M
P/E ratio 2020 -14,0x
Yield 2020 -
Capitalization 1 772 M 205 M 205 M
EV / Sales 2019 6,77x
EV / Sales 2020 6,21x
Nbr of Employees 180
Free-Float 100%
Chart SOLTECH ENERGY SWEDEN AB (PUBL)
Duration : Period :
SolTech Energy Sweden AB (publ) Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends SOLTECH ENERGY SWEDEN AB (PUBL)
Short TermMid-TermLong Term
TrendsNeutralBearishNeutral
Income Statement Evolution
Managers and Directors
Stefan Ílander Chief Executive Officer & Director
Niclas Lundin Chief Financial Officer
Anna Kinberg Batra Chairman
Mats Bertil Holmfeldt Independent Director
Hellen Wohlin Lidgard Independent Director
Sector and Competitors