(Boursier.com) — Group Airwell launches a capital increase of 5.2 million euros corresponding to 17% of the capital and 10.6% of the voting rights in the event of a 100% Offer.
The offer will be followed by a transfer of its shares from Euronext Access+ Paris to Euronext Growth Paris. This operation is carried out with the aim of supporting Airwell’s development projects and offering a complete range of climatic and thermal solutions for the residential and tertiary markets. Euronext has already approved the proposed transfer to Euronext Growth Paris on June 13.
Airwell recalls having carried out a first reserved capital increase of 1.5 ME with Norwegian ‘family offices’. The group also carried out a €5 million bond issue (maturity 2028) subscribed by France Economie Réelle, a fund managed by Delta AM, at the start of 2023.
The new fundraising by public offering and global placement of an amount of 5.2 ME for 100% of the securities offered may be increased to approximately 5.72 ME in the event of full exercise of the extension clause (corresponding to 18.4% of the capital and 11.5% of the voting rights), and to a maximum of approximately €6.29 million in the event of full exercise of the over-allotment option corresponding to 19.9% of capital and 12.5% of the voting rights.
The securities of the company whose listing on the Euronext Growth market is requested are:
– all the ordinary shares making up the share capital, ie 4,873,542 shares with a par value of €0.05 each, fully subscribed and fully paid up and of the same category (Existing Shares);
– a maximum of 1,000,000 New Shares to be issued within the framework of a capital increase in cash with cancellation of the PSR, by way of a public offer, which may be increased to a maximum of 1,100,000 New Shares in the event of full exercise of the extension clause and increased to a maximum of 1,210,000 New Shares in the event of full exercise of the Extension Clause and the Over-allotment Option (New Shares).
The offer of the New Shares will be carried out within the framework of a global offer, comprising:
– A offer to the public in France carried out in the form of an open price offer, mainly intended for natural persons (Open Price Offer).
Orders will be broken down according to the number of shares requested: fractional order A1 (from 1 share up to 500 shares inclusive) and fractional order A2 (more than 500 shares);
– A overall investment mainly intended for professional or similar professional investors in France and in certain countries (with the exception in particular of the United States of America, Australia, Canada and Japan).
The open price offer is made within a price range between 4.80 euros and 5.20 euros per new share
The offer runs from June 14.
The OPO will close on June 26 at 5 p.m. for subscriptions at the counters and at 8 p.m. for online subscriptions (Paris time).
The closing of the Global Placement is set for June 27 at 12 p.m.
These new shares are ordinary shares of the company. They will be assimilated, as soon as they are issued, to existing shares. They will carry current dividend rights from their date of issue, June 29. Trading will begin on June 30.
Recall that the Airwell share is currently at a price of 6.1 euros.