Nov 14 (Reuters) - LIDDS AB LIDDS.ST:
SAID ON THURSDAY BOARD OF LIDDS INTENDS TO PROPOSE REDUCTION OF CO'S SHARE CAPITAL FOR LOSS COVERAGE
REDUCTION IS PROPOSED TO BE CARRIED OUT WITHOUT CANCELLATION OF SHARES
PROPOSAL IS SUBMITTED IN LIGHT OF CO'S OBLIGATION TO HOLD SECOND CONTROL MEETING WITHIN 8 MONTHS OF FIRST CONTROL MEETING ON MAY 28, 2025
IF BALANCE SHEET FOR LIQUIDATION PURPOSES DOES NOT SHOW THAT EQUITY AMOUNTS TO AT LEAST THE REGISTERED SHARE CAPITAL, CO IS OBLIGED TO ENTER INTO LIQUIDATION
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