Extraordinary General Meeting on March 8, 2010
3/8/2010 10:25 AM EST
The Shareholders of Ortivus AB (publ) held an Extraordinary General Meeting on Monday March 8, 2010 in Danderyd, Sweden. Here follows a summary of decisions taken at the General Meeting.
Decision to approve sale of subsidiaries
The General Meeting decided unanimously in accordance with the Board of Directors’ proposal, to approve the sale of all shares in the wholly owned subsidiaries Ortivus Inc. (US) and Ortivus Inc. (Canada).
As regards Section 8 a) and 8 b) in the agenda to the General Meeting regarding the extinguish of present warrants and the issue of new warrants the Board of Directors decided to withdraw these items before the General Meeting was held with the aim to handle these items on the up-coming Annual General Meeting.
For further information please contact:
Jan B Andersson, CEO, tel. +46 8 446 45 00, +46 70 529 47 41
Jon Risfelt, Chairman of the Board, tel. +46 734 34 33 32
or see
www.ortivus.com Ortivus AB (publ)
The Board