Company release
Resolutions of
The Board of Directors
It was resolved that the monthly remuneration of the New Board Member
Issue of special rights
The Extraordinary General Meeting resolved to issue special rights, entitling to shares as referred to in Chapter 10 Section 1 of the Finnish Limited Liability Companies Act to the New Board Member, on the following terms:
- The total number of options rights to be issued is at most 38,630;
- The option rights entitle the New Board Member to subscribe for a maximum of 38,630 shares;
- The option rights are issued without payment;
- The option rights or subscription right relating thereto may not be transferred;
-
The subscription period of the option rights commences immediately and is in force until
17 December 2021 . The options are subscribed by signing an option agreement substantially in the form attached to this release (Appendix 1); - The detailed terms and conditions of the options rights are attached to this release (Appendix 2). Each option right entitles the option holder to subscribe for new ordinary shares of the company;
-
The subscription period for shares based on the option rights shall commence from the registration of the stock options to the
Trade Register and is in force until6 April 2026 ; -
The subscription price of the shares subscribed with the option is
EUR 9.00 per share. The payment period for the shares commences immediately and is in force until6 April 2026 ; and - The condition for approving the subscription of the options is that the party entitled to subscribe for the options, sign an option agreement substantially in the form of the option agreement attached to this release (Appendix 1).
The stock options are issued in order to commit the New Board Member of the company. Therefore, there is a weighty financial reason from the company's point of view to issue stock options as provided in Chapter 10, Section 1 of the Finnish Limited Liability Companies Act.
The aggregated theoretical market value of the issued stock options is estimated at
The minutes of the Extraordinary General Meeting will be available on the website of
Board of Directors
ADDITIONAL INFORMATION
General Counsel
Tel. +358 50 353 0408
Email: peter.hanninen@nanoform.com
Director of Investor Relations
Tel. +358 29 370 0150
Email: hvh@nanoform.com
Nanoform in brief
Nanoform is an innovative nanoparticle medicine enabling company. Nanoform works together with pharma and biotech partners globally to provide hope for patients in developing new and improved medicines utilizing Nanoform's platform technologies. The company focuses on reducing clinical attrition and on enhancing drug molecules' performance through its nanoforming technologies and formulation services. Nanoform's capabilities include GMP manufacturing, and its services span the small to large molecule development space with a focus on solving key issues in drug solubility and bioavailability and on enabling novel drug delivery applications. Nanoform's shares are listed on the Premier-segment of Nasdaq First North Growth Market in
For more information please visit http://www.nanoform.com
https://news.cision.com/nanoform/r/resolutions-of-nanoform-finland-plc-s-extraordinary-general-meeting-on-november-17--2021,c3455629
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