The 2008 AGM of Technology Nexus AB decided to authorise the board until the time of the next AGM to on one or more occasion decide to increase the company’s share capital through the issue of shares, convertibles and warrants that entail an increase in the company’s share capital of up to a maximum of SEK 500,000, corresponding to no more than 500,000 shares. As such, deviations from the shareholders’ preferential rights can be made. Payment for subscribed shares may be made in kind, set off or otherwise made conditional. The purpose of the authorisation is to enable capital acquisition and/or corporate acquisitions wherein payment is fully or partially made in shares, convertibles and/or warrants.
It was noted that if fully utilised the authorisation would entail a dilution effect of about 9.5%.