Conversion of Convertible Notes Pursuant to Financing Arrangement Between Valoe Corporation and Winance. Conversion of Loans Into Shares Pursuant to Financing Arrangement Between Valoe Corporation and Riverfort.
19 October 2023 - 10:45PM
Conversion of Convertible Notes Pursuant to Financing Arrangement
Between Valoe Corporation and Winance. Conversion of Loans Into
Shares Pursuant to Financing Arrangement Between Valoe Corporation
and Riverfort.
Valoe Corporation
Stock Exchange
Release 19 October
2023 at 14.45 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 10 February 2023, resolved to approve the request of
Winance to convert a proportion of EUR 15,000 of the convertible
notes to the shares in the Company at conversion price of EUR 0.008
per share. The conversion shall be executed by transferring a total
of 1,875,000 treasury shares to Winance.
The Board of Directors of Valoe Corporation (the
"Company") has, pursuant to the terms and conditions of the
financing arrangement between Valoe Corporation and RiverFort
Global Opportunities Pcc Limited (“RiverFort”) announced on 30 July
2021, resolved to approve the request of RiverFort to convert a
proportion of EUR 30,000.00 of the outstanding principal amount of
the RiverFort financing arrangement into the shares in the Company
at conversion price of EUR 0.00893 per share. The conversion shall
be executed by transferring a total of 3,359,462 treasury shares to
RiverFort.
After the above-mentioned transfers, Valoe will
have in total 25,613,166 treasury shares.
In Mikkeli 19 October 2023
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.
Valoe (TG:7RT)
Historical Stock Chart
From Nov 2024 to Dec 2024
Valoe (TG:7RT)
Historical Stock Chart
From Dec 2023 to Dec 2024
