Definitive realization of the share capital reduction not motivated by losses by way of reduction of the par value of the Company’s shares
PARIS, Sept. 4, 2023 /PRNewswire/ — Buy-Louer.fr (the “Company”) announces the completion of the reverse stock split by exchanging 1 new share with a nominal value of 13 euros for 10,000 old shares of 0.0013 euros in nominal value. This operation took effect on 1
er
September 2023.
The old Achat-Louer.fr shares with a nominal value of 0.0013 euros (ISIN code: FR001400BJ77) were delisted from the Euronext Growth market after the market closed on August 31, 2023 and were replaced by the Achat-Louer.fr shares new 13 euros of nominal value (ISIN code: FR001400JAP8) on September 1, 2023. The mnemonic code (ALALO) remains unchanged.
It is specified that from September 5, 2023 new shares which could not be allocated individually and which correspond to fractional rights will be sold automatically in blocks on the market by financial intermediaries. They will make the proceeds of the sale available to their shareholder clients within 30 days from September 5, 2023. For more information on the business combination, shareholders are invited to consult the notice of business combination. shares published in BALO No. 85 of July 17, 2023 and available on the Company’s website and the press release published on July 17, 2023 also available on the website of Acheter-Louer.fr.
As announced in its press release of July 17, 2023, the Management Board of the Company decided, on August 1, 2023, to carry out a capital reduction not motivated by losses, subject to the condition precedent of the completion of the business combination. shares of the Company.
The Company informs its shareholders of the final completion of the reduction of its share capital in the amount of 4,321,742.32 euros following the consolidation of shares. This capital reduction is carried out by reducing the nominal value of the Company’s shares, thus reduced from 13 euros to 0.12 euros in order to take into account the evolution of the stock market price and retain the possibility of carrying out any financial transaction that may prove appropriate in the future.
This is a purely technical operation, the amount of the capital reduction, ie 4,321,742.32 euros, will be allocated to an account of unavailable reserves, and the amount of equity has not been impacted.
Following these transactions, the Company’s share capital amounts to 40,264.68 euros divided into 335,539 ordinary shares with a nominal value of 0.12 euro each.
The Company reminds that the period of suspension of the rights of holders of securities giving access to capital will end on September 7, 2023.
About Acheter-Louer.fr (FR001400BJ77-ALALO)
Buy-Louer.fr offers on the themes of real estate and housing, to individuals advice, news, real estate advertisements, offers on housing and to real estate and housing professionals a full range of marketing solutions.
Buy-Louer.fr is eligible for PEA-PME
Contact
Buy-Louer.fr: 01 60 92 96 00 [email protected]
Investor information:
https://www.buy-louer.fr/qui-sommes-nous/infos-invest
Subscription to the press releases mailing list
: https://www.buy-louer.fr/subscription-investor
Financial calendar:
https://www.buy-louer.fr/qui-sommes-nous/agenda-financier
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