Lamor shareholders approve board power to issue shares, including a directed issue
Lamor's extraordinary shareholder meeting approved board authority to issue up to 10 million shares, including a directed issue. Source: TradingView.
- published on Newsmetry
- original source published
the same feed is available to bots and dashboards through the api. connect the api →
what happened
Lamor Corporation's extraordinary general meeting, as reported by TradingView, has given the board authority to issue shares. The board may issue up to 10,000,000 shares, about 36.4% of the company's shares at the time the proposal was made. The shares can be new or treasury shares.
The board may also carry out a directed issue that sidesteps shareholders' pre-emptive rights, provided there is a weighty financial reason. The expected final price is EUR 0.65 per share, a 10% discount to the 30-day volume-weighted average price ending 6 November 2026. A raise of roughly EUR 5 million would mean about 7.7 million shares. The board will set the remaining terms separately.
why it matters
The story concerns a small company, so for the broad market it is a routine corporate event. For Lamor investors, the points of interest are the roughly 10% discount and possible dilution of existing holders if the placement goes ahead. The authority lasts until the next annual general meeting and no later than 30 June 2027.
tags
instruments
sources
- Lamor Corporation Plc's Extraordinary General Meeting has resolved to authorise the Board of Directors to decide on a directed share issue — TradingView, 13 November 2026 at 08:30 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
alerts on your topics, the morning digest and the api — in your account.
get stories in real time ↗