Flexible Electronics News

Meyer Burger Shareholders Approve Capital Increase

A condition for the implementation of the capital increase is that gross proceeds of at least CHF 150 million are generated.

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By: Anthony Locicero

Copy editor, New York Post

At the Extraordinary General Meeting in Thun, the shareholders of Meyer Burger Technology Ltd approved the proposals of the Board of Directors regarding agenda item 1 with 81.4% of the votes, to implement an ordinary capital increase by issuing up to 1,829,977,372 new registered shares with a nominal value of CHF 0.05 per registered share, and to increase the conditional capital in Art. 3c of the Articles of Association to CHF 3,450,000 for the issuance of up to 69,000,000 registered shares by e...

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