(Boursier.com) — Xilam Animation announces the success of its capital increase in cash with maintenance of shareholders’ preferential subscription rights (DPS) in the amount of 3,683,621.25 euros through the issue of 982,299 new shares at a unit price of 3.75 euros.
The funds raised as part of this capital increase are intended to enable the company to optimize its financial structure by rebalancing its balance sheet and, thus, to improve its debt ratio in a context of rising debt costs and more demanding granting conditions.
At the end of the Placement period, the subscription request amounted to 1,067,608 shares or 108.7% of the initial amount and was distributed as follows: 638,171 shares on an irreducible basis; 429,437 shares on a reducible basis.
All subscriptions, on an irreducible basis, will be served in full. Reducible subscriptions will be served in the amount of 344,128 shares. The reduction coefficient is 0.179647990 and the scale of distribution of shares on a reducible basis will be made public by a Euronext notice.
The gross amount of the operation amounts to 3.68 ME and results in the creation of 982,299 new shares at a unit price of 3.75 euros, corresponding to 100% of the number of shares initially offered.
The share capital of the company post-capital increase will amount to 589,379.90 euros, divided into 5,893,799 shares with a par value of 0.10 euros each.
Settlement-delivery and admission to trading on the Euronext Compartment B market in Paris of the new shares are scheduled for January 12, 2024.
These shares will be directly assimilated to existing Xilam shares, already traded on Euronext Compartment B under the ISIN code FR0004034072 – ticker XIL.
The dilution for a shareholder who did not subscribe to the capital increase represents 16.7%.
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