Number of shares: 3,253,746
Total number of outstanding warrants: 1,118,038 (see below for details)
Maximum amount of warrants
August 18, 2020
September 22, 2020
October 20, 2020
November 8, 2020
November 16, 2020
December 5, 2020
November 1, 2019
November 11, 2019
November 17, 2019
November 28, 2019
January 17, 2020
March 8, 2020
August 22, 2019
December 5, 2019
March 14, 2020
June 6, 2020
July 13, 2022
Stock option plans total: 330,040 (see below for details)
Maximum amount of option rights
** 67,048 stock options of the stock options 2016C have been amended in such way that, that the first possible share subscription date is July 1, 2021.
*** The share subscription price for stock options 2018A is the trade volume weighted average quotation of the share on Nasdaq Helsinki Ltd during twenty (20) trading days following the release date of the company’s Financial Statements of the year 2018.
**** The share subscription price for stock options 2018B is the trade volume weighted average quotation of the share on Nasdaq Helsinki Ltd during twenty (20) trading days following the release date of the company’s Financial Statements of the year 2019.
Board of Directors authorizations outstanding total: 70,000,000 shares (see below for more details)
The 21 November 2018 Extraordinary General Meeting (EGM) authorised the Board of Directors to decide to issue 7,000,000 new shares either against payment or without consideration.
The new shares may be issued to the Company's shareholders in proportion to their current shareholdings in the Company or deviating from the shareholders' pre-emptive right through one or more directed share issue, if the Company has a weighty financial reason to do so, such as developing the Company's equity structure, implementing mergers and acquisitions or other restructuring measures aimed at developing the Company's business, financing of investments and operations or using the shares as a part of the Company's remuneration and compensation system. The Board of Directors would decide upon terms and scope related to share issues.
Based on the authorisation, the Board of Directors can pursuant to chapter 10, section 1, of the Companies Act also decide on issuing option rights or other special rights entitling to new shares of the Company.
The subscription price of the new shares can be recorded partly or fully to the invested unrestricted equity reserve or to share capital according to the decision of the Board of Directors.
The Board of Directors is entitled to decide on conditions regarding the issuance of shares as well as the issuance of option rights or other special rights entitling to shares.
The authorisation is valid for one year from the EGM.
The 25 March 2019 Annual general meeting of shareholders resolved to authorize the board of directors to decide on new share issues as well as issue of option rights and other special rights entitling to shares, pursuant to Chapter 10 of the Companies Act as follows:
In issue(s) of new ordinary shares, the shareholders have the right to subscribe for new shares in proportion to their existing holdings of the shares of the Company. The Board of Directors has the right to decide upon the offering to parties determined by the Board of Directors of any shares that may remain unsubscribed for pursuant to the shareholders' pre-emptive subscription right. In connection with such issue of new ordinary shares, the Board of Directors is authorized to resolve on a directed issue of option rights or the special rights entitling to shares in deviation from the shareholders' pre-emptive right, provided that there is a weighty financial reason for the Company to do so.
Under the authorization, a maximum of sixty three million (63 000 000) shares may be issued in the Share Issue, which corresponds to approximately 95,09 percent of all the shares in the Company after the Share Issue. The ordinary shares and option rights or other special rights entitling to shares can be issued in one or more tranches.
The Board of Directors is authorized to resolve on all terms for the Share Issue.
The Share Issue authorization of the Board of Directors shall be in force for one (1) year from the decision of the Annual General Meeting of Shareholders and it does not revoke the share issue authorization given by the Extraordinary General Meeting on 21 November 2018.
The Company intends to use this authorization for future financing needs and other corporate purposes.
All above share information last updated at 28.3.2019.