As the Oltner Tagblatt reports, two major proposal are on the agenda for this year's assembly: the write-down of the share capital and the subscription of new shares.
As already mentioned above, they want to reduce their share capital to zero in order to eliminate the balance sheet loss. With that, all shares would lose their value and would thus be invalid.
However, the Board of Director plans to increase the share capital again, by issuing over 14,000 new registered shares with a value of CHF 85 per share. Current shareholders will, however, have the opportunity to exchange their existing shares for registered shares at a price of CHF 85 until 30 September.
The Board of Directors also asks for an additional increase of the share capital by CHF 300,000 until August 2022. If all those shares find a new owner, their share capital would be at CHF 1,5 million.
As for the last season, EHC Olten closes the financial year with a loss of CHF 457,000, CHF, CHF 200,000 of which, are, however, in depreciation and CHF 150,000 in provisions.
