Bulletin from the Extraordinary General Meeting of Sileon AB (publ)
Today, 19 June 2024, an Extraordinary General Meeting was held in Sileon AB (publ). Below is a summary of the resolutions that were made. All resolutions were made with the required majority.
Resolution to amend the Articles of Association
The Extraordinary General Meeting resolved, in accordance with the Board of Directors' proposal, to amend §§ 4-5 of the Articles of Association:
New wording for § 4 of the Articles of Association
The share capital shall be a minimum of SEK 12,500,000 and a maximum of SEK 50,000,000.
New wording for § 5 of the Articles of Association
The number of shares shall be a minimum of 50,000,000 and a maximum of 200,000,000.
Resolution on amendment of the Articles of Association and reduction of the share capital
The Extraordinary General Meeting resolved, in accordance with the Board of Directors' proposal, to amend § 4 of the Articles of Association as set out below and to reduce the share capital by a maximum of SEK 39,538,515.60 for allocation to non-restricted equity without cancellation of shares in order to adjust the size of the share capital to the company's operations.
New wording for § 4 of the Articles of Association
The share capital shall be a minimum of SEK 1,500,000 and a maximum of SEK 6,000,000.
Authorization for the Board of Directors to resolve on new issues of shares
The Annual General Meeting resolved, in accordance with the Board of Directors' proposal, to authorize the Board of Directors, on one or several occasions and for the period up to the next Annual General Meeting, to resolve to issue new shares, without deviation from the shareholders' pre-emptive rights with payment in cash or through set-off. Resolutions pursuant to the authorization shall be able to be made within the registered Articles of Association's limits for number of shares at any given time.
For more information, please contact:
Kent Hansson, acting CEO, Sileon AB
E-mail: [email protected]
About Sileon
Sileon AB (publ) is a global fintech company that offers an innovative card-based Buy Now Pay Later (BNPL) SaaS functionality to banks, card issuers and fintechs. With Sileon's BNPL product, customers can add BNPL to their existing credit or debit card base and run their B2B or B2C BNPL business in-house. Sileon operates in a fast-growing international market with an estimated transaction volume of $680 billion globally by 2025. Sileon is listed on the Nasdaq First North Growth Market and has its headquarters in Stockholm, Sweden. The Company's Certified Adviser is Carnegie Investment Bank AB (publ).
