AI assistant
Econocom Group SE — Share Issue/Capital Change 2020
May 28, 2020
3943_mrq_2020-05-28_853d30fa-8a8a-4daa-a356-7ce8a9e54921.pdf
Share Issue/Capital Change
Open in viewerOpens in your device viewer
press release
REGULATED INFORMATION
28 May 2020
PRESS RELEASE - DOUBLE VOTING RIGHT AND DENOMINATOR
Publication released in accordance with Article 15, §1, section 1 of the act of 2 May 2007 (the "Act") on the disclosure of major shareholdings in listed companies (Loi relative à la publicité des participations importantes dans des émetteurs dont les actions sont admises à la négociation sur un marché réglementé et portant des dispositions diverses / Wet op de openbaarmaking van belangrijke deelnemingen in emittenten waarvan aandelen zijn toegelaten tot de verhandeling op een gereglementeerde markt en houdende diverse bepalingen). This publication follows the company's extraordinary general meeting of 19 May 2020, at which 24,500,000 of the company's treasury shares were cancelled and double voting rights were introduced for registered shares held for at least 2 years.
- Econocom Group has cancelled 24,500,000 treasury shares, bringing its share capital to EUR 23,512,749.67, represented by 220,880,430 shares.
- The total number of securities giving the right to vote was brought to 220,880,430.
- The total number of existing simple voting rights is 165,934,770, the number of existing double voting rights is 54,945,660, consequently the total number of existing voting rights is 275,826,090 (the denominator).
- As of 28 May 2020, the company Econocom Group holds 1,830,606 treasury shares (excluding the liquidity agreement), the voting rights of which are legally suspended.
- Several option and free share plans have been set up for the benefit of staff and the managers of the group. As at 28 May 2020, the commitments of the group under these plans consist of 530,000 free shares and 2,131,420 warrants, entitling to a maximum of 4,702,840 shares, including 4,172,840 new shares. These plans are subject to the holders' reaching of individual and/or collective, internal and/or external targets. At the extraordinary general meeting of May 19 2020, a free share plan of 2,200,000 shares was voted, but these free shares have not yet been allocated.
- To date, the total number of outstanding bonds convertible or exchangeable in new or existing shares (OCEANE) due in 2023, amounted to 24,213,075. Each bond can be converted into one share of Econocom Group. The conversion may lead, if applicable, to a transfer of treasury shares or an issuance of new shares in favour of the bondholders. If all bonds would be converted in new shares, 24.213.075 new shares granting voting rights would be issued.
- In relation to the legal thresholds, the company has not registered additional thresholds in its articles of association.
A B O U T E C O N O C O M
75008678 M 29246617 / 4
Econocom designs, finances and facilitates digital transformation for large companies and public organisations. With 45 years' experience and the only market player with 360° expertise covering project financing, equipment distribution and digital services, Econocom employs more than 10,000 people in 18 countries and reported revenue of €2,927 million. The Econocom Group share is listed on Euronext Brussels and is part of the Bel Mid and Family Business indices.
F O R F U R T H E R I N F O R M A T I O N
www.econocom.com Follow us on Twitter Investor and shareholder relations contact: [email protected] Press relations contact: [email protected] Tel. +33 (0)1 80 81 50 04
In accordance with the Act, notifications of major shareholdings, as well as any question relating to the foregoing, must be sent by email to Econocom Group, for the attention of Etienne Jacquet in charge of investor and shareholders relations: [email protected].
A B O U T E C O N O C O M
75008678 M 29246617 / 4 Econocom designs, finances and facilitates digital transformation for large companies and public organisations. With 45 years' experience and the only market player with 360° expertise covering project financing, equipment distribution and digital services, Econocom employs more than 10,000 people in 18 countries and reported revenue of €2,927 million.
The Econocom Group share is listed on Euronext Brussels and is part of the Bel Mid and Family Business indices.
F O R F U R T H E R I N F O R M A T I O N
www.econocom.com Follow us on Twitter Investor and shareholder relations contact: [email protected] Press relations contact: [email protected] Tel. +33 (0)1 80 81 50 04