OBOYA B Oboya Horticulture Industries AB

Oboya's principal owner Robert Wu requests conversion of all his A-shares to B-shares

Oboya's principal owner Robert Wu requests conversion of all his A-shares to B-shares

Press release

Lerum, July 2th 2019

Oboya's principal owner Robert Wu requests conversion of all his A-shares to B-shares.

Oboya Horticulture Industries AB's principal owner, Robert Wu, through Oboya Holding Hong Kong Ltd has requested the conversion of all its A-shares in Oboya Horticulture Industries AB ("Oboya" or "the Company") in accordance with the company's articles of association. The company will subsequently not have any A shares outstanding and the number of B shares will increase by 1,995,600 B shares to 22,915,615 B-shares.

Oboyas B-shares are traded today on Nasdaq First North. The Board of Directors has approved Robert Wu's request for conversion and intends to apply for admission to trading of the 1,995,600 converted shares. After the conversion, the company has totally 22,915,615 B -shares with equal votes, one (1) vote per share, after which Robert Wu will own and vote for 11,064,041 shares directly and through companies, corresponding to 48.3 percent of outstanding shares.

The B-share is traded under unchanged (ticker), OBOYA and unchanged ISIN code, SE006259834.

“In Oboya, we have now achieved such stability that it feels natural with only one share class with equal votes per share. I have therefore requested the conversion of all my A shares to B shares. My plan is to keep my shares as Oboya's individually largest owner without changes,” says Robert Wu.

Erik Penser Bank AB är Oboyas Certified Adviser på Nasdaq First North. Tel: 0 E-post:

For any inquiry regarding this press release, kindly contact:

Robert Wu, CEO of Oboya Horticulture Industries AB (publ)

Phone: 999

Email:

Homepage:

About Oboya Horticulture Industries AB

Oboya Horticulture aims to become a world-leading total supplier of consumables and logistics products for the cultivation industry as well as consumer products for home cultivation and indoor environments. Production takes place in factories in China, Poland, Denmark, Vietnam and Kenya. More information about the company is available at

Attachment

EN
02/07/2019

Underlying

OBOYA BOboya Horticulture Industries AB

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Oboya Horticulture Industries AB

Mattias Ehrenborg
  • Mattias Ehrenborg
OBOYA B Oboya Horticult...

Oboya Horticulture - Terminating coverage

ABG Sundal Collier ceases coverage of Oboya End of contractual period with the company Last published estimates are shown in this report

OBOYA B OBOYA HORTICULTURE INDUSTRIES AB
01/16/20 January 16, 2020 9 EN
 PRESS RELEASE
Free
OBOYA B Oboya Horticult...

Sista dag för handel med BTA B i Oboya

Sista dag för handel med BTA B i Oboya Oboya Horticulture Industries AB: s (” Oboya” eller” Bolaget”) företrädesemission har registrerats vid Bolagsverket. Sista dag för handel i Bolagets betalda tecknade aktier, OBOYA BTA B, är den 11 december 2019. Stoppdag hos Euroclear för växling från BTA till aktier är den 13 december 2019. De nya aktierna beräknas bokas ut på respektive aktieägares VP-konto/depå den 17 december 2019. Efter registrering av företrädesemissionen och den kvittningsemission som offentliggjordes den 25 november 2019 uppgår Oboyas aktiekapital till 1 256 175,08 SEK och...

December 6, 2019 1 EN
 PRESS RELEASE
Free
OBOYA B Oboya Horticult...

Oboya tecknar ramavtal med Aureum Life AB

Oboya tecknar ramavtal med Aureum Life AB Oboya Horticulture Industries AB (”Oboya” eller “Bolaget”) har tecknat ett ovillkorat ramavtal med Sveriges första cannabisbolag Aureum Life AB (”Aureum”) med verksamhet inom forskning, produktion och försäljning av medicinsk cannabis. Ambitionen med avtalet är att Oboya blir totalleverantör till Aureum genom att erbjuda en helhetslösning för Aureums kommande uppbyggnationer av odlingsanläggningar runt om i världen. Ramavtalet innebär ingen skyldighet till beställningar från Aureum och som ett första steg i samarbetet ska en studie genomföras där A...

December 5, 2019 1 EN
 PRESS RELEASE
Free
OBOYA B Oboya Horticult...

Oboya signs a framework agreement with Aureum Life AB

Oboya signs a framework agreement with Aureum Life AB Oboya Horticulture Industries AB ("Oboya" or "The Company") has signed an unconditional framework agreement with Sweden's first cannabis company Aureum Life AB ("Aureum") and operates in research, production and sales of medical cannabis. The ambition of the agreement is for Oboya to become a total supplier to Aureum by offering a comprehensive solution for Aureum's future development of cultivation facilities around the world. The framework agreement does not impose any obligation on orders from Aureum and as a first step in the collabo...

December 5, 2019 1 EN
 PRESS RELEASE
Free
OBOYA B Oboya Horticult...

Oboya increases production capacity and streamlines the organization i...

Oboya increases production capacity and streamlines the organization in Poland Oboya Horticulture Industries AB ("Oboya" or "The Company") has decided to make further investments in new machines of approximately SEK 5 million in the factory in Skierniewice, Poland. The reason for the investment decision is that during the last period the Company has received inquiries and increased orders of cultivation pots. In parallel with the new investments, Oboya is merging the Polish subsidiaries in the Group. The merger is part of previously communicated profitability improvement measures and the Co...

November 20, 2019 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch