Annual report 2020/2021
Meltron AB (publ) today publishes its Annual Report for the financial year 2020-07-01-2021-06-30, which is now available on the Company's web site www.meltron.com and investor.meltron.com together with the auditor's report. English translations will soon be available. The year-end report was published 2021-08-30.
In the auditor's report the auditor states, as before, that he can not assess the value in the balance sheet of the of the subsidiary in Finland, Meltron Oy, or the value of patents and other Intellectual Property Rights. These values are linked to the future development of sales. The auditor recommends the discharge of liability for the Board of Directors and the Chief Executive.
The Annual General Meeting will be held 2021-10-01 in Stockholm, see call of 2021-08-31. The Company now makes a fully guaranteed Rights Issue with priority for current shareholders, planned for 11 to 25 October 2021. This will allow the Company to finance the sharply intensified marketing and sales efforts according to plan and to lay down the basis for a rapid expansion.
Meltron AB (publ)
Malmgårdsvägen 63, 116 38 Stockholm.
Org. nr: 556988-9834.
Read more at www.meltron.com
This information is such information which Meltron AB (publ) is obliged to publish in accordance with regulatory requirements and the trading at NGM Nordic SME. The information was submitted for publication in Swedish, by the contact persons set out above, on 2021-09-07, at 13:00. This English version is published as a service; in case of discrepancies the Swedish version will prevail.
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.
LED lighting is one of the fastest growing major industries of the world, and the entire market had a turnover of approx. USD 100 billion in 2020.
Meltron's share is traded on NGM Nordic MTF under the ticker MLTR.