Press releases

BULLETIN FROM THE EXTRAORDINARY GENERAL MEETING IN JONDETECH SENSORS AB ON 10 AUGUST 2020

An extraordinary general meeting in JonDeTech Sensors AB (publ), reg. no. 556951-8532 (the "Company"), was held on Monday, 10 August 2020 by way of postal voting procedure. The resolutions passed by the extraordinary general meeting were, inter alia, the following:

Resolution on a rights issue

In accordance with the board of directors' proposal, the general meeting resolved to carry out a rights issue of no more than 3,645,166 shares, entailing an increase in the share capital of not more than SEK 139,309.25570.

As per the record date on 28 August 2020, every existing share entitles the holder to four (4) subscription rights. Twenty-five (25) subscription rights entitle to subscription of one (1) new share. It is noted that 1,845,000 shares in the Company, pursuant to a separate resolution by the board of directors on 19 July 2020, have been issued and that all of said shares are expected to be subscribed for, registered and entered into the share register kept by Euroclear Sweden AB before the record date. All of said shares are hence expected to be entitled to participate in the rights issue. It is noted that if the issue is fully subscribed using the ratio 4:25 as per the foregoing, the issue will comprise no more than 3,634,560 shares, entailing an increase in the share capital of no more than SEK 138,903.92053.

If 1,000,000 shares of the above-mentioned 1,845,000 shares have been subscribed for, registered and entered into the share register kept by Euroclear Sweden AB before the record date, the number of subscription rights that each share entitle to shall be adjusted to one (1) subscription right and the number of subscription rights required for subscription of each one (1) new share in the Company shall be adjusted to six (6), entailing that the number of shares issued shall be no more than 3,645,166 shares, entailing an increase in the share capital of not more than SEK 139,309.25570.

If none of the above-mentioned 1,845,000 shares have been subscribed for, registered and entered into the share register kept by Euroclear Sweden AB before the record date, the number of subscription rights that each share entitle to shall be adjusted to one (1) subscription right and the number of subscription rights required for subscription of each one (1) new share in the Company shall be adjusted to six (6), entailing that the number of shares issued shall be no more than 3,478,500 shares, entailing an increase in the share capital of not more than SEK 132,939.69217.

A subscription price of SEK 10.00 shall be paid for each share subscribed for. Subscription for new shares with subscription rights shall take place through payment for the newly-issued shares during the period 1 - 15 September 2020. Subscription for new shares without subscription rights shall be done during the same period. Subscription shall, in such case, be carried out on a separate subscription list. Cash payment for shares which have been subscribed for without subscription rights shall be carried out in accordance with separate instructions provided in a transfer note, however no later than three banking days after the issuing of the transfer note. Subscription for new shares without subscription rights by persons who have underwritten the share issue shall be carried out using a separate subscription list no later than 18 September 2020. Cash payment for shares subscribed for without subscription rights by those who have underwritten the share issue pursuant to a separate agreement with the Company shall be made in accordance with the instructions in said agreements, however, no later than three banking days after payment request. The board of directors shall be entitled to extend the subscription and payment period.

Further information about the rights issue will be included in the prospectus expected to be published on around 28 August 2020.

Resolution on an authorisation for the board to resolve on a new share issue

In accordance with the board of directors' proposal, the general meeting resolved to authorise the board to, on one or more occasions, for the period until the next annual general meeting, issue no more than 436,147 shares, either applying or disapplying shareholders' pre-emption rights. A decision to issue shares under the authorisation may include a provision on payment by way of non-cash consideration, set-off or cash. The authorisation shall apply in parallel with the authorisation granted by the annual general meeting on 26 May 2020.

The purpose of the authorisation and the reason for deviation from the shareholders' pre-emption rights is to, through share issues, enable share-based compensation under undwriting agreements between the Company and the underwriters in the rights issue. The issues shall be made on market terms. The board of directors shall have the right to determine other terms and conditions for issues carried out under the authorisation, as well as who shall have the right to subscribe for the shares.

More information about the resolutions is available in the notice and the complete proposals comprised therein which are available on the Company's website, www.jondetech.se.

For more information, please contact:

Per Lindeberg, CEO JonDeTech, Tel: +46 73 870 00 00, E-mail: per.lindeberg@jondetech.se

The information was submitted for publication, through the agency of the contact person set out above, at 13:30 CEST on 10 August 2020.

About JonDeTech JonDeTech is a Swedish company that develops, and markets patented IR sensor technology based on nanotechnology. The company's IR sensors are down to one-tenth as thick as conventional sensors, built in plastic and can be manufactured in high volumes at a low cost, which opens for a variety of applications in, among other things, consumer electronics and mobile phones. The company was founded in 2008 and is listed on Nasdaq First North Growth Market. Redeye is the company's Certified Adviser, +46-8-121 576 90, certifiedadviser@redeye.se, https://www.redeye.se. Read more at www.jondetech.se or see how the IR sensor works at www.youtube.com/watch?v=2vEc3dRsDq8.

2021-01-07
Regulatory

JonDeTech Sensors AB (publ) and Varioprint AG, Heiden, Switzerland, have today signed a so-called term sheet, meaning that negotiations regarding a long-term collaboration regarding the development, production and distribution of JonDeTech's sensor elements will begin. The goal is to have reached a consensus by 30 June 2021 on issues concerning, among other things, forms of cooperation, financing, organization, volume targets and production units related to target markets.

2020-10-16
Regulatory

To enable share-based commission to the underwriters in the rights issue carried out by JonDeTech Sensors AB (publ) ("JonDeTech" or the "Company"), the Company has issued 436,144 shares by way of a set-off issue. The set-off issue was registered with the Swedish Companies Registration Office on 16 October 2020.

2020-09-17
Regulatory

On 28 August 2020, JonDeTech Sensors AB (publ) ("JonDeTech" or "the Company") published a prospectus for the fully underwritten rights issue of 3,634,560 shares with preferential rights for the Company's existing shareholders, resolved by the extraordinary general meeting on 10 August 2020 (the "Rights Issue"). The Rights Issue, in which the subscription period ended on 15 September 2020, was heavily oversubscribed and no underwriter undertakings will thus need to be utilised. The Rights Issue will provide the Company with approximately MSEK 36.3 before issue costs.

2020-08-28
Regulatory

The prospectus relating to the rights issue in JonDeTech Sensors AB (publ) ("JonDeTech" or the "Company") of approximately a maximum of MSEK 36.3 before issue costs has today on 28 August 2020 been approved and registered by the Swedish Financial Supervisory Authority. The prospectus is available on the Company's website www.jondetech.se as well as on Hagberg & Aneborn's website www.hagberganeborn.se.

2020-07-24
Regulatory

An extraordinary general meeting of JonDeTech Sensors AB (publ), reg. no. 556951-8532 (the "Company") will be held on Monday, 10 August 2020. Due to the current circumstances the general meeting will be held by way of a postal voting procedure, meaning that no shareholders will be participating at the general meeting in person or by proxy. Instead, shareholders may participate at the general meeting by voting and asking questions in advance in accordance with the instructions below.

2020-07-20
Regulatory

JonDeTech Sensors AB (publ) ("JonDeTech" or the "Company") announces today that the board of directors has resolved to carry out a 100% underwritten rights issue of MSEK 36.45 as well as to carry out a directed share issue of MSEK 18.45. Both share issues are carried out at a subscription price of SEK 10.00 per share. The rights issue requires approval by an extraordinary general meeting, which is planned to be held on 10 August 2020.

2020-07-14
Regulatory

This is the third project that JonDeTech and Chinese OFILM are working on together. The collaboration has already been initiated and the development agreement concerns a module to detect presence in laptops - a cornerstone in Intel's innovation program Project Athena. Turning off power-intensive functions when no one is in front of the computer reduces energy consumption and increases battery life.

1
2
3
bulletin-from-the-extraordinary-general-meeting-in-jondetech-78849

Subscribe

Press releases and reports via E-mail.