Orpea: the share consolidation is finalized


(CercleFinance.com) – Orpea announced yesterday evening that it had completed the consolidation of the shares making up its capital as part of its financial restructuring.

The retirement home operator, which announced this week its intention to change its name to emeis, indicates that 1,000 old shares with a nominal value of 0.01 euros were exchanged for one new share with a value nominal value of ten euros.

In total, 159.19 billion old shares were exchanged for 159.19 million new shares.

The new shares were admitted to trading on Euronext Paris this morning. For this first day of trading, the securities were trading up almost 6%, not far from 13.7 euros.

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