Tecnotree Corporation Stock Exchange Release 6 November 2026 at 13:55 EET
Tecnotree Corporation ("Tecnotree" or the "Company") announced on 29 October 2026 that the Board of Directors of Tecnotree has resolved to accept a share subscription based on the conversion of 1 Compulsory Convertible Debenture issued on 22 June 2023 ("CCD Notes") pursuant to the conversion notice received by the Company. In the said share subscription, the lender of the CCD Note subscribed a total number of 16,566 new shares (the "New Shares") in the Company by exercising the Special Right issued in connection with the CCD Notes ("Share Subscription").
The New Shares have been registered with the Trade Register on 5 November 2026. Following the registration of the New Shares with the Trade Register, the Company has a total of 22,885,024 shares. Tecnotree shall apply for the admission of the New Shares to public trading on the stock exchange list of Nasdaq Helsinki Ltd in the same class as the Company's existing shares. Trading in the New Shares is expected to commence on approximately 12 November 2026, provided that Nasdaq Helsinki Ltd approves the listing application for the New Shares.