In 2023 Injeq Oyj organized a share issue between June 21 and August 28, when the company received capital investment worth €880,253.05. As the investment is worth less than two million euros, the share issue triggers a “Voluntary Conversion” into company shares in accordance with the terms of the convertible bond.
If you want to convert your Bond investment into shares, please indicate your willingness between October 27, 2023 and November 10, 2023 by sending an email to IR@injeq.com and stating that you want to convert your convertible bond into Injeq Oyj shares.
Note: If the investor’s place of residence is outside Finland and his/her/its foreign bank can’t take into custody unlisted Finnish securities, and the investor is unwilling or unable to open a bookentry account in Finland, the shares will be held in the administrative register instead of the book-entry system.
Conversion of convertible bond investment into shares
The company’s board of directors decided to start the voluntary conversion on October 27, 2023 and end it on November 10, 2023, in accordance with the terms of the convertible bond (VVK). The value date was decided on November 6, 2023, when the conversion corresponds to the latest share price in the share issue of €5.65/share, including a 20% discount and 8% annual (365 days) interest on the investment
Example:
| • | Bond investment: €1000 |
| • | Accrued interest for the period March 23, 2022- November 6,2023 €129.97 |
| • | Total convertible capital €1129.97 |
| • | The share price in the previous issue was €5.65/share |
| • | 20% reduced price €4.52 per share |
| • | Amount to be converted €1129.97 / €4.52 = 250 shares |
