At an extraordinary general meeting, Agillic implements changes to the board of directors and issues new warrants
Announcement no. 7 2021
Copenhagen – 3 February 2021 – Agillic A/S (Nasdaq First North Growth Market Denmark: AGILC), the Copenhagen-based marketing automation Software-as-a-Service (SaaS) company announces, that it has elected Michael Moesgaard Andersen as a new member of the board of directors and extended its shared-based incentive program with 558,700 new warrants
On the extraordinary general meeting 3 February 2021, Michael Moesgaard Andersen was elected as a new member of Agillic's board of directors. At the same time, Casper Moltke-Leth stepped down from the board of directors.
Further, the board of directors was authorised to issue 558,700 new warrants to the Company’s executive board, employees and consultants.
Says Johnny Henriksen, chair of Agillic: "I am delighted to announce that Michael Moesgaard will join the board of directors and that Agillic has extended the Company's current warrant program as part of the Company's new strategy reboot 2.1. A key element in the strategy itself is a desire to retain critical competencies in Agillic's organisation. The program incentivises the Executive Management team, key employees and consultants. I am satisfied that the new issue has received full support at the extraordinary general meeting 3 February 2021."
The terms and conditions for the share-based incentive program
- Each granted warrant gives the warrant holder a right, but not an obligation, to acquire one share of nominally DKK 0.10 in the Company for a price of DKK 23.1
- The warrants will be allocated over a period from 1 October 2021 to 1 October 2024
- The warrants include conditions on accelerated vesting in case of an Exit, e.g. change of control, take-over bid, merger etc.
- The warrants can be exercised ordinarily in the period 1 April 2025 to 30 April 2025
- The Company's liquidity is unchanged
- Provided that all the warrants are allocated and exercised, the dilution effect is 5.3%.
Please, find the minutes from the extraordinary general meeting here.
The specific terms of warrants issued by the Company can be found in the Articles of Association appendix 3.5, an integral part of the Company’s articles of association.
For further information, please contact:
Emre Gürsoy, CEO, Agillic A/S
+45 30 78 42 00
Bent Faurskov, CFO, Agillic A/S
+45 25 16 21 03
John Norden, Norden CEF
Kongevejen 365, 2840 Holte
+ 45 20 72 02 00
About Agillic A/S
Agillic is a Danish software company enabling marketers to maximise the use of data and translate it into relevant and personalised communication establishing strong relations between people and brands. Our customer marketing platform uses AI to enhance the business value of customer communication. By combining data-driven customer insights with the ability to execute personalised communication, we provide our clients with a head start in the battle of winning markets and customers.
Besides the Company’s headquarter in Copenhagen, Denmark, Agillic has sales offices in London (UK) and Stockholm (Sweden), as well as a development unit in Kyiv (Ukraine). For further information, please visit www.agillic.com
Agillic A/S (publ) (Nasdaq First North Growth Market Denmark: AGILC) is obligated to publish the above information in compliance with the EU Market Abuse Regulation. The information was published via agent by Agillic A/S on 3 February 2021.
Agillic A/S – Masnedøgade 22, 2. – 2100 Copenhagen – Denmark
Subscribe to releases from Globenewswire
Subscribe to all the latest releases from Globenewswire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Globenewswire
Kvika banki hf.26.2.2021 20:01:34 CET | Press release
Kvika banki hf: Two provisos in Kvika, TM and Lykill Merger Agreement fulfilled
Junshi Biosciences26.2.2021 18:37:02 CET | Press release
U.S. Government to Purchase Minimum of 100,000 Doses of Etesevimab and Bamlanivimab Neutralizing Antibody Therapy
F. Hoffmann-La Roche Ltd26.2.2021 18:31:32 CET | Press release
Roche SARS-CoV-2 Rapid Antigen Test receives special approval for at-home patient self-testing using nasal swabs in Germany
Pro Kapital Grupp26.2.2021 18:01:31 CET | Press release
Pro Kapital Council approved Consolidated Interim Report for IV Quarter and 12 Months of 2020 (Unaudited)
Cargotec Corporation26.2.2021 17:41:40 CET | Press release
Cargotec Corporation: Share Repurchase 26.2.2021
Leasinvest Real Estate Comm. VA26.2.2021 17:41:29 CET | Press release
Leasinvest Real Estate SCA sells the semi-industrial part of the Brixton Business Park in Zaventem
International Petroleum Corporation26.2.2021 17:31:29 CET | Press release
International Petroleum Corporation Announces Updated Share Capital
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.Visit our pressroom