Valoe's board resolves on conversion of convertible notes under financing arrangement with Winance.

NORDIC BUSINESS REPORT-July 25, 2019-Valoe's board resolves on conversion of convertible notes under financing arrangement with Winance

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Clean energy company Valoe Oyj (HEL:VALOE) announced on Wednesday the resolution by its board of directors, under the terms and conditions of the financing arrangement between Valoe and Winance announced on 20 December 2018, to approve the request of Winance to convert a proportion of EUR25,000 of the convertible notes to shares in the company at conversion price of EUR0.15 per share.

This conversion shall be executed by transferring a total of 166,666 treasury...

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