Metacon AB (publ), corporate identity number 556724-1616 (the "Company"), has held an Extraordinary General Meeting today, 15 November 2024 at 10:00 CET, at Advokatfirman Schjødt, Hamngatan 27, Stockholm. The Extraordinary General Meeting made the following resolutions.
Amendments of the articles of association
The Extraordinary General Meeting resolved, in accordance with the board of directors' proposal, to amend § 4 and § 5 in the articles of association. Following the amendments of § 4 and § 5 in the articles of association, the Company's share capital shall amount to at least SEK 11,686,300 and not more than SEK 46,745,200 and the number of shares in the Company may not be lower than 1,168,630,000 or more than 4,674,520,000.
Rights issue
The Extraordinary General Meeting resolved, in accordance with the board of directors' proposal, to approve the board of directors' resolution on 15 October 2024 on a rights issue of a maximum of 687,430,625 shares. Registered shareholders, as of the record date on 20 November 2024, have preferential rights to subscribe for shares in the rights issue at a subscription price of SEK 0.20 per share. If the rights issue is fully subscribed, the share capital can increase by a maximum of SEK 16,874,306.25.
Issue authorization
The Extraordinary General Meeting resolved, in accordance with the board of directors' proposal, to authorize the board of directors to, on one or several occasions up until the next annual general meeting, resolve on issues of shares, warrants and/or convertibles. The issues may be made with or without deviation from the shareholders’ preferential rights, as well as on terms regarding payment in kind, by set-off or other terms.
The number of shares that may be issued under the authorization, and the increase of the share capital, shall not be limited other than by the limits for the number of shares and share capital as set out in the articles of association in its registered wording at each time. The board of directors shall otherwise have the right to determine all terms and conditions for the issue. The reason that the board of directors may resolve upon an issue with deviation from the shareholders’ preferential rights is that the Company shall be able to issue new shares, warrants and/or convertibles in order to finance the Company’s continued operations and expansion.
The resolved issue authorization replaces the issue authorization that the Annual General Meeting adopted on 12 June 2024.
Minutes from the meeting and complete resolutions
The minutes from the Extraordinary General Meeting, including the complete resolutions, will be made available at the Company and on the Company's website, www.metacon.com.
