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Communiqué from the Extraordinary General Meeting of BoMill AB (publ)

27 January 2021, 17:23 CET

In accordance with the Board of Directors’ proposal, the Extraordinary General Meeting in BoMill AB (publ) on January 27, 2021 resolved on a directed issue of 330,000 warrants, whereupon the company’s share capital may be increased by maximum SEK 330,000.

The warrants shall entitle rights for officers of the company, founder and Member of the Board Bo Löfqvist (205 000 warrants) and Managing Director Andreas Jeppsson (125 000 warrants), to subscribe for new shares in the company according to the following. 

The warrants will be issued against payment where the subscription price shall be established on the basis of a market value for the warrants using the Black &-Scholes formula, based on the volume-weighted average price during the ten subsequent trading days in the period February 1, 2021 until and on February 12, 2021.

Subscription for the warrants shall be made on a subscription not later than February 16, 2021.

The holder of the warrant shall have the right to, from and including February 16, 2024 to and including February 26, 2024, or up to and including the previous day that follows from the complete terms and conditions of the warrants subscribe for one (1) new share in BoMill for each warrant, to a subscription price corresponding to 300 % of the volume weighted market value of the share the ten trading days from and including February 1, 2021, to and including February 12, 2021, in accordance with the Black & Scholes formula.

Due to the risk of the spread of COVID-19 and the authorities’ regulations and advice the Extraordinary General Meeting was carried out solely through advance voting (so-called postal voting) pursuant to temporary legislation.

Minutes with complete resolutions from the Meeting will be made available on the company’s website, www.bomill.com/investors/EGM, no later than Friday February 5, 2021.

For additional information, please contact:

Mikael Lundborg, CFO

Phone: +46 (0) 708 780 688

E-Mail: [email protected]

 

Certified Adviser:

Svensk Kapitalmarknadsgranskning AB

Phone: +46 70 755 95 51

E-Mail: [email protected]

BoMill has developed and marketed a patented technology for sorting grain on a large scale, based on the inner qualities of each kernel. The method is the only one of its kind on the market today and is deemed by the board to have potential to become a so-called Golden Standard. The Company operates in several markets and has sold sorting equipment to a number of reputable companies in the grain industry. For more information about BoMill, please visit www.bomill.com.

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