PARIS, December 6 (Reuters) – The Orpea nursing home group launched a capital increase of 1.2 billion euros on Wednesday for members of the group led by the Caisse des Dépôts et Consignations (CDC) .
This is its second capital increase, after that of 3.9 billion euros launched at the end of November, as part of the safeguard plan for the heavily indebted group shaken by accusations of failings in the care of residents. and financial embezzlement.
The subscription right, the period of which ends on December 12, amounts to 0.0178 euros per new share and the members of the group have undertaken to purchase all the shares.
At the end of this operation, the group led by the CDC should hold more than 50% of the company, the unsecured creditors 48.84% and the free float will be around 1%.
The day before, the group presented the results of its refoundation plan, one year after its announcement, and said it plans 500 million euros in sales in 2024.
Orpea shares rose 2.90% to 0.01 euros at 09:17 GMT. The stock has lost more than 99% of its value since the publication in January 2022 of the investigative book called “Les Fossoyeurs”, in which journalist Victor Castanet denounces the group’s negligence and the mistreatment of elderly people in certain of its establishments. (Written by Kate Entringer, edited by Blandine Hénault)
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