Brief: Embellence Magnus Welander To Be Proposed As Chairman
06/11/2023 08:05
Nov 6 (Reuters) - Embellence Group AB (publ)
EMBELL.ST :
* INFORMATION FROM PRINCIPAL OWNERS: PROPOSAL FOR A NEW
CHAIRMAN
IN EMBELLENCE GROUP AB
* MAGNUS WELANDER WILL BE PROPOSED AS NEW CHAIRMAN OF BOARD
* IN CONNECTION WITH THIS PUBLICATION, MAGNUS WELANDER HAS
ALSO
ENTERED INTO AN AGREEMENT FOR ACQUISITION OF 210,305 SHARES IN
COMPANY
* THESE SHARES ARE SOLD FROM MAIN OWNERS PRO RATA TO EACH
OWNER'S
HOLDINGS
* PRINCIPAL OWNERS ALSO INTEND TO PROPOSE WARRANT PROGRAM,
MAJORITY OF WHICH TO CHAIRMAN OF BOARD, IN CONNECTION WITH 2024
ANNUAL GENERAL MEETING
* NUMBER OF LARGEST SHAREHOLDERS* (MAJOR SHAREHOLDERS) IN
EMBELLENCE GROUP HAVE TODAY INFORMED BOARD OF DIRECTORS THAT
THEY INTEND TO PROPOSE NEW CHAIRMAN OF BOARD TO BE ELECTED AT
EGM AS SOON AS PRACTICALLY POSSIBLE
Source text for Eikon: ID:nWkr436MVf
Further company coverage: EMBELL.ST
(Gdansk Newsroom)
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