Spineway: share consolidation planned for February 27








(Boursier.com) — The specialist in implants for the treatment of severe spinal pathologies Spineway has decided to implement a consolidation of the shares making up its share capital, at the rate of 1 new share against 2,000 old ones.

Each shareholder will therefore be automatically allocated, through their financial intermediary, 1 new share for every 2,000 old shares held. Shareholders holding a number of shares multiple than 2,000 will therefore not have to take any action.

Shareholders who do not hold a number of old shares corresponding to a whole number of new shares will have to make their personal decision to purchase or sell existing shares forming fractional shares from January 25, 2024 and until January 26 February 2024 inclusive, in order to obtain a number of shares multiple of 2,000.

The start of the grouping operations is scheduled for January 25, 2024, with an end to the grouping operations on February 26 and an effective date of the grouping on February 27.

The mnemonic code (ALSPW) will remain unchanged. On the other hand, the ISIN code of the new SPINEWAY shares (post consolidation) will become FR001400N2P2.


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