Nordic Fibreboard shareholders to consider conditional share offering
The board proposes a €625,000 conditional capital increase, with existing shareholders receiving subscription rights in a planned public offering.
Key takeaways
- Shareholders will meet on 3 November to consider changes to the company's articles.
- The board proposes a €625,000 conditional capital increase tied to a public share offering.
Nordic Fibreboard AS will hold an extraordinary general meeting on 3 November in Pärnu. Shareholders will consider proposed changes to the company’s articles and a conditional capital increase linked to a public share offering.
The supervisory board proposes increasing share capital by €625,000, to a conditional total of €1,474,906.1. Under the proposal, only existing shareholders could subscribe, in proportion to their holdings, at an issue price of €0.40 per share.
The proposed subscription period runs from 6 to 27 November 2026. The board also proposes applying to admit the new shares to trading on the Nasdaq Tallinn Stock Exchange’s secondary list.
The proposed articles would set the company’s registered office and general meeting location in Tallinn. They would also set share capital between €500,000 and €2 million, with between 5 million and 20 million shares.
This article was produced with the help of AI technology. Source: Yahoo Finance
