Resolutions from extraordinary general meeting in PledPharma AB (publ) held on 28 October 2020
October 28, 2020
The extraordinary general meeting in PledPharma AB (publ) (“PledPharma” or the “Company”) was held today on 28 October 2020, where the general meeting resolved in accordance with submitted proposals. The complete proposals are set out in the notice to the general meeting.
The following resolutions were among others passed at the general meeting:
Changes to the board of directors
The extraordinary general meeting resolved to elect Peder Walberg, CEO and board member in Rare Thyroid Therapeutics International AB (“RTT” or “Rare Thyroid Therapeutics”), as new board member. The general meeting's resolution regarding election of Peder Walberg as new board member is conditional upon the Company completing the acquisition of all shares in Rare Thyroid Therapeutics.
Approval of the board of directors’ resolution on a share issue against payment in kind
As previously announced, PledPharma has on 5 October 2020 entered into an agreement to acquire all shares in RTT. On the same day the board of directors in PledPharma resolved, subject to the general meeting’s subsequent approval, on an issue of up to 63,773,345 shares to the current shareholders of RTT against payment in kind in the form of shares in RTT. The general meeting today resolved to approve the board of directors’ resolution to issue shares against payment in kind.
Approval of board of directors’ resolution on new issue of shares with pre-emption rights for existing shareholders
The board of directors resolved on 5 October 2020, subject to the general meeting’s subsequent approval, to issue not more than 38,238,085 shares with pre-emption rights for existing shareholders. The general meeting today resolved to approve the board of directors’ resolution to issue shares.
Authorization of share issue in case of oversubscription
The general meeting resolved, in accordance with the proposal of the board of directors, to authorize the board of directors to in case of oversubscription, within thirty (30) days from the last day in the subscription period in the share issue with pre-emption rights for existing shareholders, however no later than 31 December 2020, resolve on an issue of an additional maximum of 9,523,809 shares.
