Skip to main content

Conversion of Loans Pursuant to Financing Arrangement Between Valoe Corporation and Riverfort

Written by Customer Service on . Posted in Public Companies.

Valoe Corporation                Stock Exchange Release 8 April 2022 at 18.00 Finnish time

                                

The Board of Directors of Valoe Corporation (the “Company”) has, pursuant to the terms and conditions of the financing arrangement between Valoe Corporation and RiverFort Global Opportunities Pcc Limited (“RiverFort”) announced on 30 July 2021, resolved to approve the request of RiverFort i) to convert a proportion of EUR 250,000 of the outstanding amount of the RiverFort financing arrangement into the shares in the Company at a conversion price of EUR 0.07866 per share, and ii) to convert a proportion of EUR 159,083 of the outstanding amount (including principal and interest) of the RiverFort financing arrangement into the shares in the Company at a conversion price of EUR 0.07961 per share. The conversions shall be executed by transferring a total of 5,176,518 treasury shares to RiverFort.

After the above-mentioned transfers, Valoe will have in total 27,409,685 treasury shares.

In Mikkeli, 8 April 2022

Valoe Corporation

BOARD OF DIRECTORS

For more information:
CEO Iikka Savisalo, Valoe Corporation
Tel. +358 405216082
email: iikka.savisalo@valoe.com

Distribution:
Nasdaq Helsinki Oy
Main media
www.valoe.com

Valoe Corporation specializes in the clean energy, especially in photovoltaic solutions. Valoe provides automated production technology for solar modules based on the company’s own technology; production lines for modules; solar modules and special components for solar modules. Valoe’s head office is located in Mikkeli, Finland.

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Cookie Notice

We use cookies to improve your experience on our website

Information we collect about your use of Goldea Capital website

Goldea Capital website collects personal data about visitors to its website.

When someone visits our websites, we use a third party service, Google Analytics, to collect standard internet log information (such as IP address and type of browser they’re using) and details of visitor behavior patterns. We do this to allow us to keep track of the number of visitors to the various parts of the sites and understand how our website is used. We do not make any attempt to find out the identities or nature of those visiting our websites. We won’t share your information with any other organizations for marketing, market research or commercial purposes and we don’t pass on your details to other websites.

Use of cookies
Cookies are small text files that are placed on your computer or other device by websites that you visit. They are widely used to make websites work, or work more efficiently, as well as to provide information to the owners of the site.