STOCK TITAN

Report from the Extra General Meeting of Olink Holding AB (publ) on 5 July 2024

On July 5, 2024, Olink Holding AB held an Extra General Meeting (EGM) in Uppsala, Sweden.

(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Tags

Rhea-AI Summary

On July 5, 2024, Olink Holding AB held an Extra General Meeting (EGM) in Uppsala, Sweden. During the meeting, several resolutions were adopted, including a decision to provide additional compensation to the board of directors. This compensation, proposed by the majority shareholder, amounts to USD 127,504 and will be distributed in tranches over multiple years. The details of these resolutions are available on the company's website.

For further information, investors can reach out to David Deuchler of the Gilmartin Group or Michael B. Gonzales, VP of Global Marketing, using the provided contact details.

Loading...
Loading translation...

Positive

  • None.

Negative

  • Additional board compensation of USD 127,504 may impact company expenses.
Argus Session date unavailable
+0.93% session move Open Argus
Details

News Market Reaction – OLK

The recorded move for OLK in the trading session of this news was +0.93%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

UPPSALA, Sweden, July 05, 2024 (GLOBE NEWSWIRE) -- At the Extra General Meeting (the “EGM”) of Olink Holding AB (publ), reg. no 559189-7755, (the “Company”), the EGM adopted, inter alia, the following resolutions. For more detailed information regarding the contents of the resolutions, please refer to the notice to the EGM and the complete proposals, which have previously been published and are available on the Company’s website, www.olink.com.

Resolution on compensation to the board of directors
The EGM resolved, in accordance with the majority shareholder’s proposal, to grant each board member compensation in addition to the compensation resolved by the annual general meeting. This additional compensation will be paid in tranches over a number of years.

In total value of the additional compensation is USD 127,504.

For more information please contact:

IR Contact
David Deuchler, CFA
Gilmartin Group
olink@gilmartinir.com

Media Contact
Michael B. Gonzales
VP Global Marketing
Mobile: + 1 415 308 6467
Michael.gonzales@olink.com


FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Keep reading