Conversion of Convertible Notes Pursuant to Financing Arrangement Between Valoe Corporation and Winance
25 October 2023 - 12:30AM
Conversion of Convertible Notes Pursuant to Financing Arrangement
Between Valoe Corporation and Winance
Valoe Corporation
Stock Exchange
Release 24 October
2023 at 16.30 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 10 February 2023, resolved to approve the request of
Winance to convert a proportion of EUR 40,000 of the convertible
notes to the shares in the Company at conversion price of EUR 0.007
per share. The conversion shall be executed by transferring a total
of 5,714,285 treasury shares to Winance. After the transfer, the
Company will have in total 48,898,881 treasury shares.
In Mikkeli 24 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.
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