At Viking Line’s extraordinary general meeting held on 22nd November, 2021, at Mariehamn, Åland, it was decided to authorise a share issue.
Up to 6,480,000 new shares will be issued with pre-emption rights for shareholders at a subscription price of €8 per share.
Viking’s shareholders will be entitled to subscribe to three new shares for every five shares held at the subscription price.
In addition, the Board was authorised to decide on the issue of shares not subscribed on the basis of shareholders’ pre-emption rights at the end of the subscription period to parties determined by the board.
The Board was also authorised to decide on all other terms and conditions regarding the new shares.
This authorisation will remain in force until the end of the next general meeting, although no later than 31st March, 2022.
Also adopted at the meeting was an amendment in the Articles of Association in accordance with the Board’s proposal.
Section 2 now reads as follows:
‘Section 2. The company’s minimum share capital is €720,000 and its maximum share capital is €4,800,000. Within these limits, share capital can be increased or decreased without amending the Articles of Association. The minimum number of shares is 3,600,000 and the maximum number is 18,000,000.’