BLUELINEA: Success of the capital increase with maintenance of the DPS – 07/15/2022 at 6:00 p.m.

• Fundraising of €7,999,999
  

• Groupe Apicil holds 56% of the capital and plans to file a public takeover bid
  

Bluelinea, a major operator in the “Silver Economy” sector in France, announces the success of its capital increase with maintenance of shareholders’ preferential subscription rights (DPS) announced on June 23, 2022.

This capital increase will be used to strengthen the company’s financial structure, in particular by securing the repayment of all financial debts, made up almost entirely of PGE, which amounted to €3,992k as of December 31, 2021, and an increase in cash to cover the working capital requirement linked to business growth (+51% on 1

^er

quarter 2022

¹

.

The capital increase was the subject of an overall request for 7,999,999 shares (5,497,880 on an irreducible basis and 2,502,119 on a reducible basis) at a unit price of €1.00 (issue premium included) , representing a subscription of 112% of the amount initially offered for a total amount requested of €7,999,999.

At the end of the settlement-delivery, which will take place on July 20, 2022, the share capital of Bluelinea will consist of 12,280,260 shares. The new shares will be the subject of a request for admission to trading on Euronext Growth in Paris on the same day, on the same quotation line as the existing shares (ISIN code: FR0011041011 – mnemonic code: ALBLU).

The Apicil Group, shareholder with 8% of the capital prior to this operation, subscribed, in accordance with its intention, for a total amount of €6,629,523 and holds, at the end of the operation, 56% capital. On a non-diluted basis, the participation of a shareholder who held 1.00% of the capital of the company prior to the capital increase and who did not subscribe to it is now increased to 0.35%.

The Apicil Group, having crossed the threshold of 50% of the capital, plans to file soon, in accordance with Euronext Growth regulations, a draft public tender offer for the shares not held.

Bluelinea was advised and supported in this operation by

Master Benoit Chantreau

legal advice,

CIC Market Solutions

(Philippe Rockizki and his team), financial advisor, and

NEWS finance & communication

(Jérôme Fabreguettes-Leib and Fatou-Kiné N’Diaye), consultant in financial communication.

Warning

This issue has not given rise to a Prospectus approved by the AMF.

Risk factors

Investors are invited, before making their investment decision, to pay attention to the risks described in the company’s 2021 Annual Report, available on the Bluelinea website.

Next meeting: 2022 half-year revenue, Wednesday July 27, 2022 (before market opening)

About Bluelinea:

“Caring for loved ones, whether they are elderly or disabled, at home or in an establishment”

is the main mission of Bluelinea, the first SilverTech listed on Euronext Growth.

The activity

“Seniors & Home”

accompanies, day and night, families and their elders thanks to the deployment of solutions and services

“HELP”

. At the same time, the activity

“Connected Establishments”

protects residents while assisting caregivers and staff in colocations between seniors, serviced residences, nursing homes, specialized disability centers or more broadly in healthcare establishments thanks to the unique modular solution

« SERENEA

^®

»

.

With this complementary expertise in solutions and services dedicated to

“aging well” course, Bluelinea

positions itself as a key player with families, with kindness and responsibility.

Florence Blais

Accounting Director

[email protected]

+33.1.76.21.70.60

Jerome Fabreguettes-Leib

Investor Relations

[email protected]

+33.1.53.67.36.78

Press contacts:

Laurent Levasseur

Chairman of the Board

[email protected]

+33.1.76.21.70.60

Fatou-Kine N’Diaye

Press relations

[email protected]

+33.1.53.67.36.34

1

Unaudited data

© Copyright Actusnews Wire

Receive the company’s next press releases free of charge by email by subscribing to www.actusnews.com