GECI INTERNATIONAL: NUMBER OF GECI INTERNATIONAL SHARES SUBJECT TO CONSOLIDATION OPERATIONS – 11/27/2023 at 08:00


NUMBER OF GECI INTERNATIONAL SHARES SUBJECT TO CONSOLIDATION OPERATIONS

OPENING OF THE PERIOD OF SUSPENSION OF THE RIGHTS OF HOLDERS OF SECURITIES GIVING ACCESS TO CAPITAL

  • Consolidation by exchange of 10,000 existing shares for 1 new share

  • Start of the consolidation operation: November 30, 2023

  • Effective date of the merger: January 3, 2024

  • Suspension of the right to exercise or convert securities giving access to capital from November 27, 2023 (inclusive) until January 5, 2024 (inclusive)

By press release dated November 15, 2023, GECI International (the “

Company

“) announced the implementation of a consolidation of the shares making up the share capital of the Company at the rate of one (1) new share with a par value of 1 euro to be issued for every ten thousand (10,000) old shares of 0.0001 euro of nominal value to be grouped.

The Company reminds its shareholders that, since the publication of the aforementioned press release, the number of shares of the Company has increased following the conversion of bonds redeemable in cash and/or into new shares (”

ORNAN

“), issued under the financing agreement concluded with the investment fund YA II PN, Ltd, represented by its management company Yorkville Advisors Global LP, on May 12, 2023.

The Company therefore informs its shareholders that the final number of shares subject to the consolidation operations is 4,654,772,970. Consequently, the number of shares of the Company resulting from the consolidation will be 465,477. It is specified that Mr. Serge BITBOUL, Chief Executive Officer and shareholder of the Company, has renounced the regrouping of the necessary quantity of old shares with a nominal value of 0.0001 euro each making it possible to obtain a whole number of shares to the result of the application of the above-mentioned exchange ratio (i.e. 2,970 shares)

The Company also reminds that the suspension of the rights of holders of securities giving access to capital begins from this day and will end on January 5, 2024 (inclusive).

At the end of these operations, the Company will inform its shareholders by means of a press release of the value of the combination operations.

The notice relating to the consolidation of shares, published in the Bulletin des Annonces Légales Obligatoires on November 15, 2023 and amended on November 20, 2023, is available on the website https://www.journal-officiel.gouv.fr/pages/balo / and on the Company’s website.

ABOUT GECI INTERNATIONAL


__________


“Smart Solutions for a Smart World”

GECI International is a Group specializing in Technology and Digital. Since its origin in 1980, the Group has innovated to design and develop intelligent solutions, products and services for the Research, Industry and Services sectors.

With its recognized know-how, its ecosystem of technological partnerships, its commercial alliances and its highly qualified skills on a global scale, GECI International positions itself, with agility, across the entire value chain – advice and expertise, development and integration, outsourcing and training – to support companies and organizations in their search for competitive strategy.

GECI International is also deploying a new entrepreneurial dynamic with the development of new intelligent and technological offers in the areas of “smart cities” and the world of transport.

GECI International is listed on the Euronext Growth Paris market. ISIN code (share): FR0000079634 – ALGEC.

CONTACTS

__________

GECI International – Investor Relations

Such. : +33 (0)1 46 12 00 00 / [email protected]

CALYPTUS Agency – Cyril Combe

Such. : +33 (0)1 53 65 68 68 / [email protected]


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