Issue of warrants At the ordinary General Assembly on 28

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
Issue of warrants

At the ordinary General Assembly on 28 January 2011 and the extraordinary General Assembly on 7 March 2011 the Supervisory Board was authorized to issue warrants. Today, 31 January 2014, the Supervisory Board has decided to partially exercise the authorization and issue warrants. The decision is made as a consequence to the results achieved in the earning period, i.e. the financial years 2010/11, 2011/12 and 2012/13.

The warrants give a group of employees and managers in the Company the right to apply for 167,183 shares at DKK 5 in the Company, and at the same time the Supervisory Board has decided to increase the Company's share capital in accordance herewith.

The warrants can be exercised in each of the periods of 4 weeks following the Company’s financial announcements in the period from 31 January 2014 to 31 December 2016.  

The capital increase is affected without any preemption rights for the existing sharesholders of the Company or others. The shares are subscribed in cash at a price of DKK 11.37 per share of nominally DKK 5 equivalent to DKK 835,916. Proceeds to the Company, besides the nominal payment, amount to DKK 1,064,957. The capital increase corresponds to approx. 1.77% of the Company’s share capital.

The value of each warrant was at 28 January 2011 DKK 5.8 calculated by a Black-Scholes model with a risk free interest of 2.8% based on the historical volatility of the share. 

The new shares are ordinary shares without any special rights and are freely transferable negotiable instruments. The new shares give rights to dividends and other rights in the Company from the time of subscription. The new shares will be listed on NASDAQ OMX Copenhagen after registration with the Danish Business Authority. The Company’s present share capital amounts to DKK 47,170,255 and after the capital increase it will amount to DKK 48,006,171.

The allocation results in a change in the Articles of Association published at the Company’s website.

For further information please contact:

CEO Flemming Hynkemejer tel. +45 96 32 23 00

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Group 1 Automotive Q3 2026: Profits Soar, Revenues Dip

Updated Category News Views 19

Profits Up, Revenues Down Here's a tale for the books—Group 1 Automotive reports their third quarter results of 2026 and it's a bit like swapping a thunderstorm for a hurricane. Net income from continuing operations stomped on last year's figures, clocking in at a hefty $102.9 million compared to a skimpy $13.1 million. But don't let that fool you, their total revenues...

Continue Reading
MidCap Financial Faces Scrutiny Amid Ares Capital Merger

Updated Category News Views 62

MidCap Financial's Merger Sparks Legal Action Nobody expects their investments to end up in a courtroom drama, but here we are. MidCap Financial Investment Corporation (NASDAQ: MFIC) is under the microscope, thanks to attorney Juan Monteverde's M&A Class Action Firm. From their perch in the Empire State Building, Monteverde & Associates, celebrated as a top dog in the ISS...

Continue Reading
Endava Faces Class Action: Investors Eye Their Next Move

Updated Category News Views 87

A Mess That Investors Can't Ignore If you're holding onto Endava plc shares, you've probably felt that gut-punch lately. Yeah, things are getting heated with a class action lawsuit alleging the company played fast and loose with its accounting practices. The complaint's about some shady dealings that may have thrown off investors' perceptions. The Core Allegations This...

Continue Reading
Tabañero Spices Up Holidays with $10 Gift Sets

Updated Category News Views 47

Hot Sauce, Spicy Gifting, and Bold Barbecue When holiday cheer mixes with a dash of heat, you end up with something as electrifying as Tabañero's latest offerings. This Florida-based player is nudging its way into the gift-giving scene with a lineup that's as spicy as it is thoughtful. Frankly, if you're scrambling for stocking stuffers or a memorable Secret Santa...

Continue Reading
Heritage Wines Meet Non-Alcoholic Trend: New Deal

Updated Category News Views 25

Wine Industry Shifts Gears Well, here's a twist that might just shake up the wine racks. C. Mondavi & Family, from the historic Charles Krug estate, is aligning with Missing Thorn—a name gaining traction in the non-alcoholic wine scene. It’s a move that not only raises eyebrows but could also expand your wine-tasting options come your next sober night out. So what...

Continue Reading
Webull Faces Class Action: Deadline Looms Dec 2026

Updated Category News Views 60

Sinking Shares: The Webull Saga Unfolds Shady business practices can really make a stock take a nosedive, and that's what's happening with Webull Corporation, trading under NASDAQ:BULL. The alarm bells started ringing when the truth about their operations and ties to China came out. Turns out, what looked like a stable American fintech platform had its roots digging deep...

Continue Reading
Valmet's Strategic Moves and Financial Gains Explained

Updated Category News Views 62

Valmet's Strategic Playbook for Growth Anyone keeping tabs on Valmet's recent parade of press releases knows they're on a darn aggressive growth spurt. Talk about shaking things up with a firm grip on the paper and forest products sector and beyond. Their interim review from January to September 2026 spells it out with strong orders received and a solid increase in...

Continue Reading
Veterinary Implants Market to Hit $0.98B by 2031

Updated Category News Views 7

Veterinary Implants Market: A Growth Tale Something's stirring in the veterinary world, my friend. The Veterinary Implants Devices Market is hitting some serious strides, and we're looking at a valuation touching nearly $0.98 billion by 2031. If you're eyeing the veterinary sector, it's time to sharpen those pencils and take notes on where the trend winds are blowing....

Continue Reading
Brinker International Posts Solid Q1 2027 Earnings

Updated Category News Views 38

Strong Earnings Highlight a Winning Streak Brinker International, folks, has done it again. With the latest release of their first quarter fiscal 2027 results, it’s clear they’ve been hitting the right notes, especially at Chili’s. The numbers don't lie—trust me, I've seen my fair share of earnings calls, and this one's got meat on the bones. Let’s break it...

Continue Reading
Tribal Tech Triumph: ILINX Boosts Proposal Efficiency

Updated Category News Views 72

A New Era for Tribal Operations Well, here's a headline that might've slipped under your radar, but it’s got some serious implications. Over in Olympia, Washington, ImageSource, Inc., the brains behind the ILINX platform, just scored a home run with an automated system for crafting Tribal Indirect Cost Rate Proposals (ICRPs). This ain't just gadget talk; this is a...

Continue Reading

Top 5 Most Recently Viewed Articles

Growth of Commercial Dryer Market: Insights and Projections

Updated Category News Views 56

Overview of the Commercial Dryer Market The commercial dryer market is poised for substantial growth, with forecasts suggesting it will reach a value of $3.9 billion by 2033. This growth is expected to occur at a compound annual growth rate (CAGR) of 4.2%, driven by rising demand across multiple sectors. Market Dynamics and Growth Factors Various commercial entities,...

Continue Reading
Integrum Elevates Service Standards for Enhanced Care Delivery

Updated Category News Views 141

Enhancing Service Support for Medical Devices Integrum AB (publ), ticker (STO: INTEG), a pioneer in medical technology, has recently unveiled a transformative service initiative aimed at providing superior warranty and service support for its Axor™ II devices. This strategic move signals a significant step towards bolstering Integrum's footprint in the U.S. market and...

Continue Reading
AYR Cannabis Expands Retail with New Dispensaries in Florida

Updated Category News Views 346

AYR Cannabis Dispensary Expands Retail Presence in Florida AYR Cannabis Dispensary, a retail chain under AYR Wellness Inc (CSE: AYR.A, OTCQX: AYRWF), has announced the launch of a new store in Jacksonville, Florida, along with plans for another location in Palm Beach Gardens. This move boosts the company's retail footprint to 66 locations across Florida and 96 nationwide,...

Continue Reading
Kering Shares and Voting Rights Update for November 2025

Updated Category News Views 436

Kering's Monthly Update on Share Capital and Voting Rights Kering aims to provide transparency regarding its share capital, particularly in terms of the total number of shares and voting rights. This is crucial for maintaining investor trust and adhering to financial regulations. As of November 18, 2025, Kering has a share capital of €493,683,112, reflecting its robust...

Continue Reading
Oklo Inc. Stock Reaches New Heights as Investors Rally

Updated Category News Views 125

Oklo Inc. Stock Hits Record High In an impressive display of market strength, Oklo Inc. has seen its stock soar to a record high, peaking at $18.82. This accomplishment reflects the company's solid operational performance and rising investor confidence in its future growth prospects. Over the past year, the energy sector has experienced notable fluctuations, yet Oklo's...

Continue Reading