Conversion of Convertible Notes Pursuant to Financing Arrangement Between Valoe Corporation and Winance
10 Septiembre 2021 - 02:30AM
Conversion of Convertible Notes Pursuant to Financing Arrangement
Between Valoe Corporation and Winance
Valoe Corporation
Stock Exchange
Release 10
September 2021 at 10.30 Finnish time
The Board of Directors of Valoe Corporation (the
"Company") has, pursuant to the terms and conditions of the
financing arrangement between Valoe Corporation and Winance
announced on 22 April 2020, resolved to approve the request of
Winance to convert a proportion of EUR 100,000 of the convertible
notes to the shares in the Company at conversion price of EUR 0.07
per share. The conversion shall be executed by transferring a total
of 1,428,571 treasury shares to Winance. After the transfer, the
Company will have in total 20,982,889 treasury shares.
In Mikkeli 10 September 2021
Valoe Corporation
Board of Directors
For more information:
Iikka Savisalo, President and CEO, Valoe Corporation Tel. +358
40 521 6082email: iikka.savisalo@valoe.com
Distribution:NASDAQ OMX, Helsinki Main media www.valoe.com
Valoe Corporation specializes in the clean energy, especially in
photovoltaic solutions. Valoe provides automated production
technology for solar modules based on the company’s own technology;
production lines for modules; solar modules and special components
for solar modules. Valoe's head office is located in Mikkeli,
Finland.
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