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REPORT FROM THE EXTRAORDINARY GENERAL MEETING IN OXE MARINE AB (PUBL) ON 13 DECEMBER 2022

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On December 13, 2022, OXE Marine AB held an extraordinary general meeting that approved a share capital increase of SEK 29,984.62 through the issuance of 1,000,000 new shares to Alpraaz AB, owned by board member Christian von Koenigsegg. This decision finalized the directed share issue initially announced on November 20, 2022. All resolutions were aligned with prior proposals accessible on the company's website.

Positive
  • Successful completion of a directed share issue increasing capital by SEK 29,984.62.
  • Strategic share issuance to a board member, potentially strengthening insider alignment.
Negative
  • None.

ÄNGELHOLM, Sweden, Dec. 14, 2022 /PRNewswire/ --The extraordinary general meeting on 13 December 2022 resolved to increase the company's share capital with SEK 29,984.62 by issuing 1,000,000 new shares to Alpraaz AB, a company owned by OXE Marine AB's (publ) board member Christian von Koenigsegg. The resolution was made in order to complete the company's directed share issue as press released on 20 November 2022.

All resolutions were made in accordance with the proposals that have been available before the general meeting. The complete proposals are published on the company's website www.oxemarine.com.

The general meeting's resolution means that the share issue that was press released on 20 November 2022 is now completed. For further information about the share issue, please refer to the press releases published on 20 and 21 November 2022 and which are available on the company's website www.oxemarine.com.

CONTACT:

Certified Adviser
FNCA Sweden AB is Certified Adviser for OXE Marine AB (publ). Contact details to FNCA Sweden AB: tel. +46 8 528 00 399, e-mail info@fnca.se.

For further information, please contact:
Anders Berg, CEO, anders.berg@oxemarine.com, +46 70 358 91 55
Jonas Wikström, Chairman of the board, jonas.wikstrom@oxemarine.com, +46 70 753 65 66

OXE Marine AB (publ) (NASDAQ STO: OXE) has, after several years of development, constructed the OXE Diesel, the world's first diesel outboard engine in the high-power segment. The Company's unique patented engine-to-propulsion power transmission solutions have led to high demand for the Company's engines worldwide.

The following files are available for download:

https://mb.cision.com/Main/16067/3684346/1736896.pdf

20221214 OXE Marine - Report from EGM 2022

 

Cision View original content:https://www.prnewswire.com/news-releases/report-from-the-extraordinary-general-meeting-in-oxe-marine-ab-publ-on-13-december-2022-301702832.html

SOURCE OXE Marine AB

FAQ

What was the outcome of OXE Marine's extraordinary general meeting on December 13, 2022?

The meeting approved a share capital increase by SEK 29,984.62 through the issuance of 1,000,000 new shares.

Who received the new shares issued by OXE Marine on December 13, 2022?

The new shares were issued to Alpraaz AB, owned by board member Christian von Koenigsegg.

What was the purpose of the share capital increase by OXE Marine?

The capital increase aimed to complete a directed share issue announced on November 20, 2022.

Where can I find the complete proposals discussed at the OXE Marine meeting?

The complete proposals are published on OXE Marine's official website.

OXE MARINE AB

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