At the extraordinary general meeting in Azelio AB (publ) in Stockholm the shareholders resolved upon the following:
Resolution to adopt new Articles of Association
The extraordinary general meeting resolved, in accordance with the board’s proposal, to adopt new articles of association, through which the company’s share capital may not be less than SEK 20,000,000 and not more than SEK 80,000,000 and the company’s number of shares may be not less than 40,000,000 and not more than 160,000,000.
Authorisation to issue new shares
The extraordinary general meeting resolved, in accordance with the proposal of the board of directors, to authorise the board to resolve – at one or several occasions and for the time period until the next annual general meeting – to increase the company’s share capital by new share issues. The number of shares that may be issued under the authorisation is subject only to the limits in the articles of association, as amended, with regards to share capital and number of shares in the company. New share issues may be made with or without deviation from the shareholders’ preferential rights and with or without provisions for contribution in kind, set-off or other conditions.
Long-term incentive program
The extraordinary general meeting resolved, in accordance with the proposal of the board of directors, to adopt a long-term incentive programme directed to two new members of the executive management in Azelio. The incentive program comprises the issuance of not more than 400,000 warrants.
For further information, contact:
Jonas Eklind, CEO, Azelio
Tel: +46 709 40 35 80
Kennet Lundberg, CFO, Azelio
Tel: +46 705 24 47 79
The information was published for public disclosure on November 26th, 2019 at 12:45 CET through the agency of the contact person set out above.