Nobia AB (publ) ("Nobia" or the "Company") has today, Wednesday 18 February, held an extraordinary general meeting in Stockholm. The extraordinary general meeting resolved to approve the board of directors' resolution on a rights issue and certain technical measures to facilitate the rights issue, including amendment of the articles of association.
Approval of the board of director's resolution on a new share issue with preferential rights for the shareholders
The general meeting resolved to approve the board of directors' resolution from 14 January 2026 on a new share issue of up to SEK 1,500 million (before deduction of transaction costs) with preferential rights for existing shareholders (the "Rights Issue"). According to the final terms of the new share issue as determined by the board of directors and announced on 11 February 2026, the Company's share capital shall be increased by a maximum of SEK 8,408,805.588930, a maximum of 841,264,105 new shares shall be issued, the subscription price shall be SEK 1.78 per share and each existing share held on the record date for participation in the rights issue entitles the holder to one (1) subscription right and four (4) subscription rights entitle the holder to subscribe for five (5) new shares. The subscription period will run from 24 February 2026-11 March 2026.
Amendment of the articles of association
To enable the Rights Issue, the general meeting resolved, in accordance with the board of directors' proposal, to:
- increase the limits for the minimum and maximum share capital in the Company's articles of associations so that the share capital shall be not less than SEK 160,000,000 and not more than SEK 640,000,000; and
- increase the limits for the minimum and maximum number of shares in the Company's articles of associations so that the number of shares shall be not less than 900,000,000 and not more than 3,600,000,000 shares.
Reduction of the share capital without redemption of shares
The general meeting further resolved, in accordance with the board of directors' proposal, that the share capital is to be reduced by SEK 218,266,342, and to amend the articles of association in order to adjust the limits of the share capital to the reduction. The reduction is carried out in order to reduce the quota value of the shares to maintain flexibility in relation to the Rights Issue. Following the reduction, Nobia's share capital will amount to SEK 6,747,441.537545 divided among 675,051,921 shares in total (prior to the Rights Issue), each with a quota value of approximately SEK 0.01.
Increase of the share capital through a bonus issue without the issuance of new shares
The general meeting also resolved, in accordance with the board of directors' proposals, to increase the share capital by SEK 218,266,342 through a bonus issue, without issuing shares, by transfer from unrestricted equity. The bonus issue, together with the extraordinary general meetings' resolution on reduction of the share capital, entails that neither the Company's restricted equity nor its share capital is reduced by the measures.
As a result of the Rights Issue and the technical measures resolved upon by the extraordinary general meeting as described above, including the reduction of the share capital and subsequent increase of the share capital through the bonus issue, the Company's share capital will, upon completion of the Rights Issue, amount to SEK 233,422,589.126475.
More information about the resolutions is available in the notice and the proposals included therein, which is available on the Company's website www.nobia.com.
The minutes from the extraordinary general meeting, with complete decisions, will be uploaded to the Company's website.
For further information:
Robert Belkic, Interim Chief Financial Officer
+46 73 386 10 02
robert.belkic@nobia.com
Nobia develops, manufactures and sells kitchen solutions through a number of strong brands in the Nordics, including HTH, Norema, Sigdal, Invita, Superfront and Marbodal in Scandinavia as well as Novart in Finland. Nobia generates profitability by combining economies of scale with attractive kitchen offerings. The Group has approximately 3,750 employees and net sales of about SEK 5.6 billion. The share is listed on Nasdaq Stockholm under the ticker NOBI. www.nobia.com.
