BE Group AB (publ) ("BE Group" or the "Company") has today, 16 December 2025, held an extraordinary general meeting. The extraordinary general meeting resolved to reduce the Company's share capital without cancellation of shares for allocation to non-restricted equity and to amend the articles of association. Below is a summary of the resolutions.
Resolution on reduction of the share capital without cancellation of shares for allocation to non-restricted equity
The general meeting resolved to reduce the Company's share capital for allocation to non-restricted equity in accordance with the board of directors’ proposal. The reduction amount was set at SEK 341,280,227.48 (corresponding to approximately SEK 17.5 per share). Once the reduction of the share capital has been executed, the share capital will amount to SEK 48,754,315.00. The reduction shall be made without cancellation of shares, which means that the share’s quota value will change from SEK 20.0 to SEK 2.5 per share. Since the reduction is carried out without cancellation of shares, all shareholders' ownership will remain unchanged.
The reduction of the share capital requires approval from the Swedish Companies Registration Office or a general court. Provided that the necessary permits are obtained, the resolution on reduction is expected to be implemented during February 2026.
Resolution to amend the articles of association
The general meeting resolved to adopt new articles of association with amendments of § 4 (share capital) in accordance with the board of directors’ proposal. The amendment of § 4 of the articles of association means that the limits for the share capital are changed from a minimum of SEK 150,000,000 and a maximum of SEK 600,000,000 to a minimum of SEK 45,000,000 and a maximum of SEK 180,000,000. The purpose of the resolution is to enable the reduction of the share capital.