Lehto Group Plc: Resolutions of Lehto Group Plc’s Extraordinary General Meeting 2020

Lehto Group Plc
Resolutions of Lehto Group Plc’s Extraordinary General Meeting
25 September 2020 at 15.00 (EET)

The Extraordinary General Meeting of shareholders of Lehto Group Plc took place in Kempele (address Voimatie 6) on 25 September 2020. The Extraordinary General Meeting did the following resolutions:

The Extraordinary General Meeting authorised the Board of Directors to resolve on the issuance of a maximum of 60,000,000 new shares to carry-out the rights issue. With the share issue, the company wants to strengthen its ability to implement the strategy and further develop modular construction method based on prefabricated elements. The shares are offered for subscription to the shareholders of the company in proportion to their shareholding in the company as per the record date of the rights issue. The authorisation includes the right for the Board of Directors to resolve to offer, on a secondary basis, the potentially unsubscribed shares to the other shareholders or other persons for subscription. The authorisation can only be used to carry-out one rights issue. The Board of Directors was authorised to resolve on all other terms and conditions of the rights issue.

It was resolved that the authorisation is valid until the close of the next Annual General Meeting, however, no longer than until 30 June 2021. The authorisation does not revoke the share issue authorisations resolved upon earlier.

Further information:

Veli-Pekka Paloranta
CFO
Lehto Group Plc
veli-pekka.paloranta@lehto.fi
+358 40 094 4074