Meltron publishes Annual Report 2021-22Meltron AB (publ) publishes its Annual Report 2021-07-01-2022-06-30, an English translation is now available on the Company's web site www.meltron.com and investor.meltron.com as well as the Auditor's Report. The Year End Report was published 2022-08-26. In the Auditor's Report the auditor is of the view that there is a write-down need in the balance sheet of the parent company Meltron AB of the value of the subsidiary Meltron Oy
He further points at a considerable uncertainty on going concern as the liquidity depends on capital injection and increased sales. As published earlier, the Board is preparing a share issue with preference for current shareholders of 16,1 MSEK, which is guaranteed at 64 %, in September. Under the new CEO the Company has significantly reduced its operating costs and focusses its marketing and sales activities. The Board therefore deems that a fully subscribed share issue and sales according to plans will secure continued operations for the current financial year.
The auditor concurs with the discharge of liability for the Board of Directors and the CEO.
The Annual General Meeting will be held 2022-09-30 in Stockholm, see Invitation 2022-08-30. About Meltron - "More than Just Light"
Meltron AB designs, manufactures and sells LED lighting solutions which are based on interdisciplinary application of electronics, optics, thermodynamics and nano structures. "More Than Just Light" translates into energy savings, superior light quality, product life-time savings, increased productivity, safety and wellbeing. Meltron provides high quality solutions for the most demanding environments in infrastructure, industry, and logistics. Read more at www.meltron.com.
Meltrons shares are traded on NGM Nordic MTF under the ticker MLTR.
For further information please contact:
Göran Lundgren, chairman, ph: +46 70 467 40 40; [email protected]
Stefan Kåla, CEO, ph: +358 50 410 7802; [email protected]
Meltron AB, Malmgårdsvägen 63, SE-116 38 Stockholm
Meltron Oy, Laivakatu 3, FI-00150 Helsinki, Finland
The following documents can be retrieved from beQuoted
Meltron Pressrelease 2022-09-05.pdf
Meltron Auditors-report.pdf
Meltron Annual Report 2021-2022.pdf Read more at www.meltron.com
This information is information that Meltron AB (publ) is obliged to make public pursuant to regulatory requirements and trading on NGM Nordic SME. The information was submitted for publication in Swedish, by the contact persons set out above, on 5th Sept 2022, at 10:30 CET. This English version is published as a service; in case of discrepancies the Swedish version will prevail.
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