Bulletin from the EGM on 24 July 2025
The Extraordinary General Meeting (EGM) of Novedo Holding AB (publ), corporate identity number 559334-4202, was held today, 24 July 2025, in Stockholm. The EGM resolved a directed issue of convertible bonds to entrepreneurs in the Novedo Group. At the meeting, approximately 80.2 percent of the company's shares and votes were represented.
The EGM resolved, in accordance with the Board of Directors' proposal, that the company shall issue convertible bonds up to a maximum of SEK 124,810,374 with the same terms and conditions as the existing convertible loan with ISIN NO0013324731, entailing an increase in the share capital upon full conversion of the convertible bonds by a maximum of SEK 33,268.765454 (calculated based on a quota value of approximately SEK 0.035657 and based on the subscription of the entire convertible loan and an initial conversion price of SEK 133.77 per share). The right to subscribe for the convertible bonds is granted to certain entrepreneurs who, in connection with the sale of their companies to the Novedo Group, have receivables against the company regarding deferred purchase price components (so-called earnouts). The directed issue of convertible bonds is carried out in order to settle outstanding receivables regarding deferred purchase price components. Please refer to the notice of the general meeting and the full terms and conditions of the convertible bonds for further information on the convertible bonds.
Minutes of the meeting and complete resolutions
For complete information on the contents of the resolutions, please refer to the notice of the general meeting and the terms and conditions of the convertible bond, which are available together with the minutes of the meeting, on the company's website, www.novedo.se.