Alimak publ : Report from the Extraordinary General Meeting of Alimak Group AB held on 23 January 2017
January 23, 2017 at 03:35 pm
Share
Alimak Group AB held its Extraordinary General Meeting on Monday, 23 January 2017. The meeting passed a resolution to authorise the Board to resolve to issue new shares.
With the share issue authorisation the Board is authorised to, on one or more occasions before the next Annual General Meeting, resolve to issue new shares. An issue of new shares can only be decided with regard to shareholders' pre-emption rights. Following this authorisation, the Board may resolve to issue a total maximum number of shares equivalent to issue proceeds of a maximum of SEK 800 million. The authorisation includes the right to resolve that shares will be issued against cash payment.
The reason for the authorisation is to optimize the capital structure of the company and to allow for strategic initiatives.
Further details on the resolution are found in the notice to the meeting and the complete proposal, which are presented in its entirety atwww.alimakgroup.com
English translation for information purposes only. If there are differences between the English translation and the Swedish original, the Swedish text will take precedence.
For further information:
Sofia Wretman, Head of IR & Communication, Phone: +46 8 402 14 41Per Ekstedt, CFO, Phone: +46 8 402 14 57
This information in this release is such that Alimak Group AB is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact persons set out above, at 16:30 CET on 23 January, 2017.
Alimak Group AB published this content on 23 January 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 23 January 2017 15:35:01 UTC.
Original documenthttp://www.alimakgroup.com/sv/report-from-the-extraordinary-general-meeting-of-alimak-group-ab-held-on-23-january-2017/
Public permalinkhttp://www.publicnow.com/view/99EE64B82151F114EA211F7D0EEEA15E0D14F341
Alimak Group publ AB is a Sweden-based company active in industrial equipment sector. It offers vertical access solutions to customers in the construction industry, as well as other sectors. The Company develops and manufactures construction hoists, industrial elevators, mast climbing work platforms, transport platforms and material hoists. It operates in four business segments: Construction Equipment, which designs, develops, manufactures and distributes lifts for temporary installation; Industrial Equipment, providing lifts for permanent installations; Rental, offering renting and service of the Companyâs equipment; and After Sales, comprising service, spare parts, upgrades and trainings. Its product lines are Alimak, Champion, Heis-Tes and Hek. The Company is active in Norway, France, Germany, the United Kingdom, Korea, Singapore, Malaysia, Italy, Spain, China, the United States, Brazil and India, among others.