Press release / 21.11.22
GENERAL MEETING OF BEBO HEALTH SA:
Dear shareholders,
Our general meeting was convened by means of the SOGC (Swiss Official Gazette of Commerce) within the time limits provided for by law.
We are nevertheless communicating this invitation to you because we are aware that some shareholders are not in the habit of consulting this type of official publication.
Therefore, you will find this invitation to the General Meeting to be held on Monday November 28, 2022 at 2:00 p.m. at the Café-restaurant des Tonneliers in Bulle (Switzerland) attached. The agenda, the preferential subscription form, the power of delegation and the invitation to attend are attached to this letter.
As part of this meeting, we are going to carry out a capital increase. As existing shareholders, you have a preferential subscription right that we suggest you exercise within the next 5 days by returning the subscription form to us and while proceeding to the payment of the amount of your subscription within the same period. All the details of the preferential subscription appear in our subscription form sent to you.
In addition, we kindly ask you to inform us of your presence by means of the registration form by Friday, November 25, 2022 at 5:00 p.m. In case of absence on your part, you have the possibility of being represented by the person of your choice. This person must be physically present at this meeting with your proxy.
In order to prove your status as a shareholder, it is essential that you present a statement of your position in Bebo Health SA securities held with your bank.
Our company is currently in full expansion and we must ensure this development by a substantial capital contribution. An investor has expressed his desire to join us and this is why a capital increase is essential. This investor has already paid €3,625,000 in exchange for 725,000 shares, ie at a share price of €5.–. Your preferential subscription right therefore allows you to invest in our company at the price of € 5.– per share.
At the same time, allow me, as Chairman, to inform you of the various highlights of the life of our company during 2021 and 2022, as well as the outlook for 2023.
2021 was marked by the preparatory work for our IPO as well as the development of our company.
On 12.01.2022 we went public on the Euronext Access sector of the Paris Stock Exchange.
ABOUT OUR ACTIVITY
– End of the COVID period with an average decrease in e-commerce sales of 35%.
– February 24: start of the war in Ukraine and, as far as we are concerned, a hacking on the same day, resulting in a 90% reduction in visits to the site.
– Despite this, our cumulative growth in the third quarter of 2022 is 27% compared to 2021 (4,028 KCHF) for an EBITDA of 648 KCHF, also up sharply.
– Our forecasts for the end of 2022 are a total turnover of 6,200 KCHF (4,455 KCHF in 2021) for an EBITDA of 20% (18.5% in 2021).
– For 2022 and 2023, we will continue our development by setting up BEBO HUB centers and opening up new countries through e-commerce. This strategy involves the inflows of funds that began in the last quarter.
ABOUT THE SCHOLARSHIP
– The introductory price (€ 18.50) has been strongly readjusted (€ 8.25 on 21/11/22).
– We all know that the ACCESS segment is not representative for the market value of a company, it is 100 times less “liquid” than the upper segment (GROWTH).
– We have decided to move towards the latter in order to give shareholders the possibility of trading their shares.
– This migration scheduled for spring 2022 will be accompanied by very strong communication both for our performance and for our objectives.
– The Board of Directors and I are very sensitive to stock market valuation and shareholder profits.
– For this year, we have unfortunately noted that the ACCESS segment of EURONEXT is not buoyant and we have suffered the vagaries of the world markets (COVID, war, inflation, risk of shortage).
– The market trend is moving more and more towards a search for profits and sales performance. In this context, BEBO is perfectly suited.
I remain at your disposal.
Yours.
Jacques BORGOGNON
President
ABOUT BEBO Health SA
Founded in 2019, BEBO Health SA (Euronext Access – MLBBO) is the specialist in the online distribution of health, sport and well-being products for individuals (BtoC) and professionals (BtoB). The company offers slimming belts allowing a massive destocking of excess fat (SLIM SONIC), a body shaping device for the treatment of cellulite (CELLISS), body temperature management products and personal air conditioners (SNØ ) as well as food supplements (MAIDAY). The company carries out its activities through the 4 exclusive brands it represents and the 4 corresponding websites available worldwide. In 2021, BEBO Health SA achieved a turnover of 5.5 million Swiss francs, an increase of +170%.
www.be-bo.eu
DISCLAIMER
“This document does not constitute an offer to sell or a solicitation of an offer to buy BEBO Health SA securities. If you wish to obtain more complete information about BEBO Health SA, we invite you to refer to the public documents available on our website ( https://bourse.be-bo.eu/ ). This document may contain certain forward-looking statements. Although the Company believes that these statements are based on reasonable assumptions at the date of publication of this press release, they are by their nature subject to risks and uncertainties that could lead to a difference between the actual figures and those indicated or implied in these statements. . »
CONTACT
BEBO Health SA
Jean-Charles Juriens
General secretary
E-mail
: [email protected]
Telephone
: +41 79 353 38 44
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Full and original press release in PDF format:
https://www.actusnews.com/news/77327-bebo-ag-2022.pdf
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