The extraordinary general meeting in
AUTHORISATION TO RESOLVE ON RIGHTS ISSUE
The meeting resolved, in accordance with the proposal of the board of directors, to authorise the board of directors to resolve on a new share issue of no more than 102,383,430 class B shares with preferential right for the company's existing shareholders, regardless of share class, with the purpose of carrying out the rights issue which is a part of the contemplated recapitalisation. The subscription price in the rights issue has been set to
RESOLUTION ON SET-OFF ISSUE
The meeting resolved, in accordance with the proposal of the board of directors, on a set-off issue of no more than 13,333,332 class B shares to
AMENDMENT OF THE ARTICLES OF ASSOCIATION
The meeting resolved, in accordance with the proposal of the board of directors, to change the Articles of Association's limits for the number of board members and deputy members so that the board of directors may consist of a maximum of nine members with a maximum of nine deputy members.
ELECTION OF NEW BOARD MEMBER
The meeting resolved, in accordance with the proposal of the nomination committee, to expand the board of directors from the existing eight members to nine members, that Vegard Søraunet, representing the entity expected to become the largest shareholder in connection with the recapitalisation, is elected as a new board member and that Vegard Søraunet shall receive remuneration in accordance with the remuneration level that the annual general meeting 2020 resolved on proportionate to the mandate period.
For more information about the resolutions reference is made to the complete proposals included in the notice which is available on the company's website, www.itabgroup.com. Minutes from the extraordinary general meeting will be made available at www.itabgroup.com no later than two weeks after the extraordinary general meeting.
The information was submitted for publication, through the agency of the contact person set out below, at
For further information, please contact:
ITAB Shop Concept AB
Andréas Elgaard, President & CEO
Telephone: +46 36 31 73 00
Mobile: +46 73 232 16 35
Box 9054, SE-550 09 JÖNKÖPING
Telephone: +46 36 31 73 00
itab.com, itabgroup.com
AT ITAB we help customers turn consumer brand experience into physical reality with our know-how, solutions, and ecosystem of partners. We co-create with our customers, efficient retail solutions that deliver convenient and inspiring consumer experiences. The offer includes consultative design services, custom-made interiors, checkout systems, consumer guidance solutions, professional lighting systems and interactive digital solutions for the physical store. ITAB has approximately 3,200 employees and net sales in 2019 amounted to MSEK 6,064. The company's B share is listed on Nasdaq Stockholm.
https://news.cision.com/itab-shop-concept/r/communique-from-extraordinary-general-meeting-in-itab-shop-concept-ab--publ--on-15-january-2021,c3268653
https://mb.cision.com/Main/862/3268653/1359693.pdf
(c) 2021 Cision. All rights reserved., source