(CercleFinance.com) – GECI International announces the implementation of a capital reduction by reducing the par value of the Company’s shares from 0.001 euro to 0.0001 euro.
This purely technical operation has no impact on the number of outstanding shares of the Company. Thus, following this transaction, the Company’s share capital now stands at 247,977.30 euros and is made up of 2,479,772,970 ordinary shares with a nominal value of 0.0001 euro each.
At the same time, the Company announces the drawing of a tranche of bonds redeemable in cash and/or in new shares (the ‘ORNAN’) for a total nominal amount of 0.25 ME for a net subscription price of 242,500 euros.