NOTICE OF EXTRAORDINARY GENERAL MEETING IN MELTRON AB (PUBL)

The shareholders of Meltron AB (publ), reg.no. 556988-9834, (the "Company"), are hereby given notice to attend the Extraordinary General Meeting on Tuesday, 3 May 2022 at 10:00 a.m. at the offices of Advokatfirman Delphi at Mäster Samuelsgatan 17 in Stockholm, Sweden. Registration for the meeting will commence at 09:30 a.m.

NOTIFICATION
Shareholders who wish to participate at the meeting must:

  • (i) both be registered in the register of shareholders maintained by Euroclear Sweden AB on the record date which is on Monday, 25 April 2022, and
  • (ii) no later than Wednesday, 27 April 2022 have notified their participation and possible advisors to the Company; either in writing to Meltron AB (publ), Malmgårdsvägen 63, SE-116 38 Stockholm, Sweden or by e-mail to [email protected].

Notifcation shall include full name, personal or corporate identification number, address, daytime telephone number and, if applicable, information about deputies, proxies and advisors. The number of advisors can be at most two. In order to facilitate the registration for the meeting, the notification should, if applicable, be accompanied by powers of attorney, registration certificates and other documents of authority.

Personal data obtained from the register of shareholders maintained by Euroclear Sweden AB, the notice and attendance at the meeting and data regarding deputies, proxies and advisors will be used for registration, preparation of the voting list for the meeting and, if applicable, the minutes from the meeting. The personal data is handled in accordance with the General Protection Regulation (Regulation (EU) 2016/679 of the European Parliament and of the Council). For complete information regarding how the personal data is handled, please refer to:

https://www.euroclear.com/dam/ESw/Legal/Privacy-notice-bolagsstammor-engelska.pdf.

NOMINEE REGISTERED SHARES
Shareholders who have their shares registered in the name of a nominee must, in order to be entitled to participate at the meeting, register their shares in their own name through the nominee, so that the shareholder is registered in the register of shareholders maintained by Euroclear Sweden AB per the record date on Monday, 25 April 2022. Such registration may be temporary (so-called voting rights registration). Shareholders who wish to register shares in their own name must, in accordance with the procedures of the respective nominee, request the nominee to carry out such voting rights registration. Voting rights registrations requested by the shareholder in such time that the registration has been made by the nominee no later than Wednesday, 27 April 2022 will be taken into account in the preparation of the share register.

PROXIES
Shareholders represented by proxy shall issue a power of attorney in writing, signed and dated by the shareholder, for the proxy. If the power of attorney is issued by a legal person, a copy of the certificate of registration of the company shall be attached, or, if such a document does not exist, a corresponding authorisation document. Proxy forms for shareholders who wish to participate in the meeting through proxy are available on the Company's website www.meltron.com. The original power of attorney must also be presented at the meeting.

PROPOSED AGENDA

  1. Opening of the general meeting.
  2. Election of chairman of the meeting.
  3. Preparation and approval of the voting list.
  4. Election of one or two persons to verify the minutes.
  5. Determination of whether the meeting has been duly convened.
  6. Approval of the agenda.
  7. Election of a new board member and determination of board remuneration.
  8. Resolution on a) amendment of the articles of association (number of shares) and b) reverse share split.
  9. Resolution on a) amendment of the articles of association (share capital) and b) reduction of the share capital for allocation to unrestricted equity.
  10. Closing of the meeting.

RESOLUTIONS PROPOSED BY THE BOARD OF DIRECTORS

Item 2. Election of the chairman of the meeting
The board of directors proposes that Göran Lundgren is elected as chairman of the meeting.

Item 7. Election of a new board member and determination of board remuneration
The annual general meeting of 1 October 2021 resolved to re-elect Göran Lundgren, Pekka Pättiniemi, Elisabet Wahlman, Sverker Littorin and Olof Heyman as ordinary board members. Göran Lundgren was re-elected as chairman of the board. On 26 November 2021 it was announced that Pekka Pättiniemi, at his own request, resigned from the board of directors of the Company and that the board of directors intends to convene an extraordinary general meeting to elect a new board member when one is proposed, which is now the case.

Major shareholders in the Company proposes that Lars Aikala is elected as new board member for the period until the end of the next annual general meeting in addition to the current board members. The major shareholders in the Company proposes that Lars Aikala shall receive the same remuneration as the other members of the board of the Company, i.e. SEK 60,000 on an annual basis. The remuneration shall be adjusted pro rata based on the period from the election as board member until the annual general meeting 2022.

Lars Aikala is born 1972 and holds a M.Sc. in Economics from the Swedish School of Economics and Administration in Helsinki. Lars Aikala has board experience from more than 10 companies between the years 2001-2015 and is currently CEO of Siralux Oy. For further information regarding Lars Aikala, please refer to the Company's website.

Item 8. Resolution on a) amendment of the articles of association (number of shares) and b) reverse share split
In order to achieve an appropriate number of shares for the Company, the board of directors proposes that the meeting resolves on a reverse share split of the Company's shares in accordance with b) below. In order to enable the reverse share split in accordance with the board of directors proposal b) below, the board of directors proposes that the meeting resolves to amend the limits of the number of shares in the articles of association in accordance with a) below.

The resolution on reverse share split presupposes amendment of the articles of association in accordance with item a) and the resolution on amendment of the articles of association presupposes reverse share split in accordance with item b). Therefore, the board of directors proposes that the resolutions proposed by the board of directors under items a) and b) are adopted as one resolution.

The board of directors, the CEO, or the person appointed by the board of directors, shall have the right to make the minor adjustments in the resolutions that may prove to be required in connection with the registration thereof at the Swedish Companies Registration Office (Sw. Bolagsverket) or Euroclear Sweden AB.

For the present resolution to be valid, it is required that the proposal is approved by shareholders holding at least two thirds (2/3) of both the votes cast and the shares represented at the meeting.

a) Amendment of the articles of association (number of shares)
The board of directors proposes that the meeting resolves to amend § 5 of the articles of association in regard to number of shares in accordance with the following:

  • The wording of § 5 is amended from "The number of shares shall not be less than 400,000,000 and not more than 1,600,000,000." to "The number of shares shall not be less than 57,000,000 and not more than 228,000,000."

The resolution on amendment of the articles of association is conditional on and presupposes consolidation of shares in accordance with item b).

b) Reverse share split
The board of directors proposes that the meeting resolves on reverse share split of the Company's shares, whereby ten (10) existing shares will be consolidated into one (1) new share (reverse share split 1:10).

The board of directors proposes that the general meeting authorises the board of directors to determine the record date for the reverse share split. The record date may not occur before the resolution on reverse share split has been registered at the Swedish Companies Registration Office.

The board of directors shall, in connection with determining the record date for the reverse share split, disclose the resolution determining the record date and disclose further information on the procedure for the reverse share split.

Göran Lundgren, who owns shares through a wholly owned company, has undertaken to contribute shares free of charge to shareholders whose number of shares is not evenly divisible by 10. Accordingly all shareholders will hold shares corresponding to a full number of new shares and there will be no excess shares (so-called fractions) at the time of the reverse share split. Göran Lundgren has also undertaken to round off his remaining shareholdings in the Company downwards to the closest number evenly divisible by 10.

After completion of the reverse share split, the number of shares in the Company will decrease from 576,438,662 to 57,643,866. Further, the proposed reverse share split entails that the the share's quota value will increase from SEK 0.09 to approximately SEK 0.9.

Resolution on the reverse share split is conditional on and presupposes amendment of the articles of association in accordance with item a) above.

Item 9. Resolution on a) amendment of the articles of association (share capital) and b) reduction of the share capital for allocation to unrestricted equity

In order to adapt the amount of the share capital to the Company's activities, the board of directors proposes that that the meeting resolves on reduction of the Company's share capital in accordance with item b) below. In order to enable the reduction of the Company's share capital in accordance with the board of directors proposal b) below, the board of directors proposes that the meeting resolves to amend the limits of the share capital in the articles of association in accordance with a) below.

The resolution on reduction of the share capital presupposes amendment of the articles of association in accordance with item a) and the resolution on amendment of the articles of association presupposes reduction of the share capital in accordance with item b). Therefore, the board of directors proposes that the resolutions proposed by the board of directors under the items a) and b) are adopted as one resolution.

The board of directors, the CEO, or the person appointed by the board of directors, shall have the right to make the minor adjustments in the resolutions that may prove to be required in connection with the registration thereof.

For the present resolution to be valid, it is required that the proposal is approved by shareholders holding at least two thirds (2/3) of both the votes cast and the shares represented at the meeting.

a) Amendment of the articles of association (share capital)
The board of directors proposes that the meeting resolves to amend § 4 of the articles of association in regard to share capital in accordance with the following:

  • The wording of § 4 is amended from "The share capital shall not be less than SEK 36,000,000 and not more than SEK 144,000,000." to "The share capital shall not be less than SEK 5,700,000 and not more than SEK 22,800,000."

The resolution on amendment of the articles of association is conditional up and presupposes reduction of share capital in accordance with item b).

b) Reduction of the share capital for allocation to unrestricted equity
The board of directors proposes that the general meeting resolves on reduction of the Company's share capital in accordance with the terms and conditions below:

  1. The Company's share capital shall be reduced by SEK 46,115,092.98.
  2. The purpose of the reduction is allocation to unrestricted shareholder's equity.
  3. The reduction shall be performed without withdrawal of shares and entails that the share capital is reduced from SEK 51,879,479.58 till 5,764,386.6 and that the share's quota value is reduced from approximately SEK 0.9 (considering the reverse share split above in accordance with item 8) to SEK 0.1.

The resolution to reduce the Company's share capital in accordance with this proposal requires permission from the Swedish Companies Registration Office or a general court. Provided that required permission is obtained, the resolution on reduction is expected to be enforced in August 2022.

Resolution on reduction of share capital is conditional on and presupposes that the general meeting resolves on amendment of the articles of association in accordance with item a) above.

SHAREHOLDER'S RIGHT TO REQUEST INFORMATION
Pursuant to Chapter 7, Sections 32 and 57 of the Swedish Companies Act, the board of directors and the CEO shall, if any shareholder so request and the board of directors deems that it may be done without significant harm to the Company, provide information at the general meeting regarding circumstances that may affect the assessment of a matter on the agenda and the Company's relationship to another group company.

DOCUMENTS
The board of directors' complete propsals for resolutions will be made available at the Company's office at the address Malmgårdsvägen 63, SE-116 38 Stockholm, Sweden, no later than two (2) weeks prior to the meeting and will be sent free of charge to the shareholder who so request and provide their postal address. The documentation will also be available at the Company's website www.meltron.com. All documentation above will also be presented at the meeting.

Please note that this is a translation for information purposes only. In the event of any discrepancies between the Swedish and English versions, the Swedish version shall prevail.

_________

Stockholm, March 2022
Meltron AB (publ)
The board of directors

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, logistics and agriculture.

Meltron's shares are traded on NGM Nordic MTF under the ticker MLTR.

For more information, please contact:

Göran Lundgren, chairman Meltron AB, ph: +46 70 467 4040; [email protected]
Meltron AB, Malmgårdsvägen 63, SE-116 38 Stockholm, Sweden.
Meltron Oy, Laivakatu 3, FI-00150 Helsinki, Finland

Read more at www.meltron.com

This information is information that Meltron AB (publ) is obliged to make public pursuant to regulatory requirements for trade on NGM Nordic SME. The information was submitted for publication in Swedish, by the contact person set out above, on 31st March 2022, at 10:45 CET. This English version is published as a service; in case of discrepancies the Swedish version will prevail

Meltron AB tillförs ca 11,3 MSEK kontant efter genomförd företrädesemission

This press release may not be published or distributed, neither directly nor indirectly, in or to the USA, Canada, Australia, Hongkong, Japan, New Zealand, South Korea, Switzerland, Singapore or South Africa or in any other jurisdiction where the distribution of this press release would be illegal.

Meltron AB (publ) ("Meltron" or the "Company") today announces that the Company's rights issue of approximately SEK 16.1 million has been subscribed at approximately 22.5 %. The balance up to the guaranteed amount of the issue of approximately SEK 11.3 million is covered by the two guarantee consortia syndicated in preparation of the transaction.


Meltron AB receives approximately SEK 11.3 million in cash after completed rights issue

This press release may not be published or distributed, neither directly nor indirectly, in or to the USA, Canada, Australia, Hongkong, Japan, New Zealand, South Korea, Switzerland, Singapore or South Africa or in any other jurisdiction where the distribution of this press release would be illegal.

Meltron AB (publ) ("Meltron" or the "Company") today announces that the Company's rights issue of approximately SEK 16.1 million has been subscribed at approximately 22.5 %. The balance up to the guaranteed amount of the issue of approximately SEK 11.3 million is covered by the two guarantee consortia syndicated in preparation of the transaction.


Meltron får en ny distributör i Sverige

Meltron kan idag presentera Let it Light som ny distributör i Sverige.


Teckningstiden startar i Meltron AB:s partiellt garanterade nyemission med företrädesrätt för aktieägarna

Idag, den 26 oktober 2022, är den första teckningsdagen i nyemission med företrädesrätt för aktieägarna. Teckning av aktier kan ske fram till och med den 9 november 2022.


Förändringar i ledningen för Meltron

Styrelsen för Meltron AB har beslutat att utse styrelseledamoten Lars Aikala som VD efter att nuvarande VD Stefan Kåla tyvärr tvingas sluta av hälsoskäl. Lars Aikala valdes som styrelseledamot vid en extra bolagsstämma 3 maj 2022 och tar över som VD 15 november.


Changes in Meltron management

Changes in Meltron management The Board of Directors of Meltron AB has decide to appoint Board member Lars Aikala as CEO following the resignation for health reasons by the current CEO Stefan Kåla. Lars Aikala was elected Board member by the Extraordinary Shareholders' Meeting on 3 May 2022 and will take over as CEO on 15 November.




Meltron AB (publ) genomför garanterad nyemission med företrädesrätt för befintliga aktieägare

Detta pressmeddelande får inte offentliggöras, publiceras eller distribueras, vare sig direkt eller indirekt, i eller till USA, Kanada, Australien, Hongkong, Japan, Nya Zeeland, Sydkorea, Schweiz, Singapore, Storbritannien eller Sydafrika eller i någon annan jurisdiktion där distribution av detta pressmeddelande skulle vara olaglig.

Styrelsen för Meltron AB (publ) ("Meltron" eller "Bolaget") har idag, med stöd av bemyndigandet från årsstämman den 1 oktober 2021, beslutat att genomföra en nyemission av aktier med företrädesrätt för befintliga aktieägare ("Företrädesemissionen" eller "Erbjudandet") om cirka 16,1 MSEK före emissionskostnader i enlighet med vad som tidigare kommunicerats via pressmeddelande den 13 juni 2022. Emissionslikviden kommer främst att användas till att genomföra planerade säljaktiviteter, inklusive därför nödvändigt rörelsekapital, till teknik- och affärsutveckling, återbetalning av brygglån samt till övrig drift. Företrädesemissionen är säkrad till cirka 64 procent genom teckningsförbindelser och garantiåtaganden.


Meltron AB (publ) carries out guaranteed new issue with preferential rights for existing shareholders

This press release may not be published or distributed, neither directly nor indirectly, in or to the USA, Canada, Australia, Hongkong, Japan, New Zealand, South Korea, Switzerland, Singapore, United Kingdom or South Africa or in any other jurisdiction where the distribution of this press release would be illegal.

The Board of Directors of Meltron AB (publ) ("Meltron" or the "Company") has today, pursuant to the authorization from the Annual General Meeting held on 1 October 2021, resolved to carry out an issue of new shares with preferential rights for existing shareholders (the "Rights Issue" or the "Offer") of approximately SEK 16.1 million before issue expenses in accordance with previously communication via press release on 13 June 2022. The proceeds will primarily be used to carry out the planned sales activities, including therefore necessary working capital, for technical and business development, repayment of bridge loan and for other operations. The Rights Issue is secured to approximately 64 per cent through subscription commitments and guarantee commitments.




Meltron offentliggör Årsredovisning 2021-22

Meltron AB (publ) offentliggör sin Årsredovisning för räkenskapsåret 2021-07-01-2022-06-30, som nu finns tillgänglig på Bolagets hemsida www.meltron.com och investor.meltron.com tillsammans med revisionsberättelsen. Bokslutskommunikén publicerades 2022-08-26.


Meltron publishes Annual Report 2021-22

Meltron 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.




Bokslutskommuniké för Perioden 2021-07-01 - 2022-06-30

Halvåret

  • Försäljningen ökade till 3,6 MSEK (3,0 M)
  • Aktiv offertportfölj
  • Ny VD med stor erfarenhet av bransch och försäljning
  • Program för effektivisering och kostnads-sänkning genomfört
  • MoU i Oman med stor men osäker potential
  • Omvänd split, 1 ny aktie för 10 gamla aktier
  • Nedsättning av aktiekapitalet

Helåret

  • Försäljningen minskade något till 5,0 MSEK (5,7 M)
  • Ställningen som etablerad leverantör till finsk skogsindustri konsoliderade
  • Fokuserad marknadsstrategi med direkt-försäljning i Finland och genom distributörer och partners i övriga Norden och nordvästra Europa
  • Fokus på industri med tuffa förhållanden
  • Effektivare supply chain med flera leverantörer

Följ oss

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