Crypto Blockchain Industries (CBI):
Free allocation of shares for the benefit of all shareholders: 1 new share for 4 shares held
CRYPTO BLOCKCHAIN INDUSTRIES (“CBI”, Euronext Growth Paris: FR0014007LW0 – ALCBI) is announcing a free share allocation for the benefit of all CBI shareholders, at the rate of 1 new share for 4 shares held as of January 27, 2022. This operation aims to promote the liquidity of the share.
In accordance with the delegation of authority granted by the General Meeting of December 29, 2021 in its 2nd resolution unanimously approved by the shareholders present or represented, the CBI Board of Directors at its meeting of January 19, 2022 decided to increase share capital by incorporating premiums by issuing 48,517,500 new shares which will be allocated free of charge to all shareholders on the basis of ONE (1) new share for FOUR (4) shares held. Taking into account the issue of 700,000 shares for reimbursement of a share loan granted by Ker Ventures EURL, the number of shares after operation will be 242,587,500 shares, fully subscribed and paid up, with a nominal value of 0 .10 euro, i.e. a share capital of 24,258,750.