Conversion of Convertible Notes Pursuant to Financing Arrangement Between Valoe Corporation and Winance
Valoe Corporation Stock Exchange Release 5 April 2023 at 11.10 Finnish time
The Board of Directors of Valoe Corporation (the "Company") has, pursuant to the terms and conditions of the financing arrangement between Valoe Corporation and Winance announced on 10 February 2023, resolved to approve the request of Winance to convert a proportion of EUR 50,000 of the convertible notes to the shares in the Company at conversion price of EUR 0.02 per share. The conversion shall be executed by transferring a total of 2,500,000 treasury shares to Winance. After the above-mentioned transfer, Valoe will have in total 20,465,170 treasury shares.
In Mikkeli 5 April 2023
Valoe Corporation
Board of Directors
For more information:
Iikka Savisalo, President and CEO, Valoe Corporation
Tel. +358 40 521 6082
email: [email protected]
Distribution:
NASDAQ OMX, Helsinki
Main media
www.valoe.com
Valoe Corporation specializes in the clean energy, especially in photovoltaic solutions. Valoe provides automated production technology for solar modules based on the company’s own technology; production lines for modules; solar modules and special components for solar modules. Valoe's head office is located in Mikkeli, Finland.
