Copyright © Inderes 2011 - present. All rights reserved.
  • Latest
  • Markets
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
  • inderesTV
  • Portfolio
  • Forum
  • Q&A
  • About Us
    • Our Coverage
    • Team
Regulatory press release

Outcome of the voluntary redemption of shares

Kopy Goldfields
Download the release

Kopy Goldfields AB (publ) (”Kopy Goldfields” or the ”Company”) (listed on Nasdaq First North Growth Market, under the ticker KOPY) announces that shareholders holding a total of 80,846,349 shares, approximately 8.95% of the shares in the Company, have accepted the Company’s redemption offer.

On May 24, 2024 the Company’s board of directors proposed a voluntary redemption of up to approximately 17% of the shares in the Company at a price per share of SEK 0.35 (the “Redemption”). The Redemption proposal was approved at the Annual General Meeting (“AGM”) on June 27, 2024.

Shareholders holding a total of 80,846,349 shares, approximately 8.95% of the shares in the Company, have accepted and requested to voluntarily redeem their shares. SEK 28,296,222.15 will be repaid to shareholders through the redemption. The amount to be repaid to the shareholders corresponds to SEK 0.35 per share, which shall be paid within 10 days of the registration of the redemption of shares with the Companies Registration Office (Bolagsverket), and is preliminarily expected to be paid around August 15, 2024.

Upon completion of the redemption procedure, the main shareholders’ (HC Alliance Mining Group Ltd and Magomed Bazhaev) ownership will increase to approximately 92.5% of the shares and votes in the Company. The main shareholders were not entitled to participate in the voluntary redemption.

The Company intends to apply for a delisting of the shares from Nasdaq First North Growth Market once the redemption procedure is completed. The Company will in due course inform the market when such measures are initiated.

This is a translation of the Swedish version of the press release. In case of discrepancies, the Swedish wording shall prevail.

For more information, please contact:


Mikhail Damrin, CEO, +7 916 808 12 17, mikhail.damrin@kopygoldfields.com
Erik Forsell, IR and Communication, erik.forsell@kopygoldfields.com

About Kopy Goldfields


Kopy Goldfields is a Swedish gold exploration and production company. Kopy Goldfields’ strategy is to combine local geologic knowledge and science with international management, best industry practices and modern, efficient technology to identify and develop mineral deposits in a cost-efficient, safe and transparent way. Kopy Goldfields' shares are traded on Nasdaq First North Growth Market in Stockholm under the symbol “KOPY”. Nordic Certified Advisers is Certified Adviser (Tel +46 707 94 90 73, e-mail: info@certifiedadviser.se).

This information is information that Kopy Goldfields is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2024-08-01 13:00 CEST.

Attachments


Outcome of the voluntary redemption of shares

Find us on social media
  • Inderes Forum
  • Youtube
  • Instagram
  • Facebook
  • X (Twitter)
Get in touch
  • info@inderes.se
  • +46 8 411 43 80
  • Vattugatan 17, 5tr
    111 52 Stockholm
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Terms of service
  • Privacy policy
  • Disclaimer
Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.