At the extraordinary general meeting in QleanAir Holding AB (publ) (the “Company” or “QleanAir”) held today, on 26 June 2020, the following resolution was passed in accordance with the proposal presented in the notice to attend the meeting kept available at the Company’s website www.qleanair.com.
The extraordinary general meeting resolved, in accordance with the board of directors’ proposal, to replace the incentive programme adopted at the annual general meeting held on 13 May 2020 with a new incentive programme for senior management and other key individuals by way of a directed issue of warrants and approval of transfer of warrants.
According to the incentive programme, the participants will be offered to acquire warrants which will entitle the holder to subscribe for shares in the Company to a pre-determined price, corresponding to 130 percent of the volume weighted average trading price for the Company’s share during a period of ten trading days immediately preceding the extraordinary general meeting. The warrants may be exercised for subscription of new shares during the period from and including 1 July 2023 until and including 31 January 2024. A total of not more than 222,888 warrants may be issued. Based on the number of shares in the Company, the dilution effect due to the incentive programme may amount to approximately 1.48 percent.