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Valoe Oyj Share Issue/Capital Change 2020
3349_dirs_2020-06-11_96c7e3b5-14bb-467f-887b-72bb33989690.html
Share Issue/Capital Change
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Disclosure 384771
Valoe Oyj - Changes in company's own shares
Conversion of Convertible Notes Pursuant to Financing Arrangement Between Valoe Corporation and Winance
Valoe Corporation Stock Exchange Release 11 June 2020 at 14.00 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 20 December 2018, resolved to approve the request of Winance to convert a proportion of EUR 50,000 of the convertible notes to the shares in the Company at conversion price of EUR 0.05 per share. The conversion shall be executed by transferring a total of 1,000,000 treasury shares to Winance. After the transfer, the Company will have in total 6.740.616 treasury shares.
In Mikkeli 11 June 2020
Valoe Corporation
Board of Directors
For more information:
Iikka Savisalo, President and CEO, Valoe Corporation
Tel. +358 40 521 6082
email: [email protected]
Distribution:
NASDAQ OMX, Helsinki
Main media
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.