At today’s Extraordinary General Meeting in CTEK AB (publ) the shareholders resolved upon the following:
Resolution on issue of new shares with preferential rights to existing shareholders
The General Meeting resolved to approve the Board of Directors’ resolution from 8 February 2023 to increase the company’s share capital through an issue of shares with preferential rights to existing shareholders. According the final terms set by the Board of Directors, as announced on 27 February 2023, each share in the company held on the record date for participation in the rights issue, 8 March 2023, entitles to one (1) subscription right and five (5) subscription rights entitle to subscription for two (2) new shares. The subscription price has been set to SEK 17.5 per share. The subscription period will run from 10 March 2023 up to and including 24 March 2023. Through the rights issue, the company’s share capital can be increased by maximum SEK 19,993,221 through the issuance of not more than 19,993,221 new shares. Additional information regarding the rights issue will be included in the prospectus which is expected to be published on or around the 8 March 2023.
Determination of number of members of and remuneration to the Board of Directors and election of new member of the Board of Directors
The General Meeting resolved that the Board of Directors shall continue to consist of seven (7) board members.
Furthermore, the General Meeting resolved that the remuneration to the members of the Board of Directors and the committees resolved at the Annual General Meeting on 12 May 2022 shall continue to apply and shall, if applicable, be distributed pro rata to the chairman and the ordinary members of the Board of Directors, respectively, elected by each General Meeting.
Lastly, the General Meeting resolved to elect Johan Menckel as new member of the Board of Directors for the period until the end of next Annual General Meeting. Johan Menckel replaces the previous board member Stefan Linder who resigned from the Board of Directors in connection with the Extraordinary General Meeting.