The summons, which has not been made public was sent out about two weeks ago, according to Zsiga.
He adds that the meeting must be held in the prevailing situation in order for Northvolt to not be in breach of Swedish law.
Many of Northvolt’s owners have, ahead of the general meeting – as has previously been reported by the news agency Bloomberg – written down the value of their holdings in the company. This since the battery manufacturer has applied for bankruptcy remoteness in an American court which entails a risk for existing shares becoming worthless when the planned reorganisation is carried out.
The largest owners according to the latest available annual report is Volkswagen with 21 per cent of the shares and Goldman Sachs with 19.2 per cent.
The third largest owner is Vargas Holding with the financier Harald Mix who holds 7.2 per cent of the shares. However, among the smaller institutional owners are also the state-owned AP funds, AMF Pension and Folksam.
On Friday of last week a negotiation was held with creditors in the bankruptcy court in Texas that is administering Northvolt’s Chapter 11 reorganisation. The negotiation resulted, according to Zsiga, in the company being given the green light to keep paying employees, suppliers, taxes and insurance policies as well as for the public benefit services that are required to keep the company alive during the reconstruction.