Resolutions at the extraordinary general meeting in Instalco
1/13/2022 5:00:00 PM
At an extraordinary general meeting in Instalco AB (publ) today on 13 January 2022, it was resolved on a share split and amendment of the articles of association.
The extraordinary general meeting resolved, in accordance with the board of directors’ proposal, to increase the number of shares in the company by dividing each share into five shares (a so called share split, 5:1). In order to enable the share split, the general meeting resolved to amend § 5 of the company’s articles of association stipulating the minimum and maximum number of shares in such a way that the number of shares in the company shall amount to not less than 200,000,000 shares and not more than 800,000,000 shares.
The extraordinary general meeting resolved to authorise the board of directors to determine the record date for the share split. The company will within short announce further information on when the share split is expected to be effectuated. Shareholders in the company do not need to take any action in connection with the share split.
Minutes and complete resolutions
The minutes from the extraordinary general meeting and the amended articles of association will be available at the company and on the company’s website, www.instalco.se.
For further information
Fredrik Trahn, Head of IR & Communications
phone +46 70 913 67 96, e-mail firstname.lastname@example.org
Instalco is one of the leading installation companies in the Nordic region, active in the areas of heating, plumbing, electricity, cooling, technical consulting and industrial solutions. We offer project planning, design, installation, service and maintenance of systems installed at properties and facilities throughout Sweden, Norway and Finland. The operations are conducted through approximately 110 leading and highly specialised local companies, with the support of a small central organisation. Instalco is listed at Nasdaq Stockholm under the ticker INSTAL. For further information, visit www.instalco.se