AI assistant
Precia Molen — Share Issue/Capital Change 2021
Jun 28, 2021
1607_iss_2021-06-28_287592be-1bbf-4560-9e67-3e398614ea22.pdf
Share Issue/Capital Change
Open in viewerOpens in your device viewer
Privas, 28 June 2021, 6PM
Precia SA : Split of the nominal share value
The Extraordinary General Meeting held on 17th June 2021 approved the resolution proposing a ten-for-one share split and the exchange of 10 new shares with a nominal value of 0,50 € for 1 existing share (nominal value of 5,00 €).
On 28th June 2021, the President of The Directory set the effective date for this operation at 9th July 2021.
The split will be effective on 09th July 2021. On that date, the number of shares making up the share capital will be multiplied by 10 and the share will be traded on the basis of a price divided by 10.
Each shareholder will receive 10 new shares for 1 existing share without having to complete any formalities. This operation is being made at no cost for the shareholders.
New shares will bear the same rights as old shares (subject to the division by 10 of their right in the net assets and dividends). New shares issued as a representation of old shares registered for at least 4 years will retain their double voting rights.
The ISIN code of the new shares will be FR0014004EC4.
Contacts : PRECIA MOLEN BP 106 – 07001 PRIVAS CEDEX Tél. : +33 4 75 66 46 77 E-mail [email protected]
About Precia Molen
PRECIA MOLEN designs and manufactures, sells and maintains systems and solutions of industrial and commercial static weighing and of continuous weighing and dosing equipment. Main clients are heavy industries (mines, quarries, steel, environment, energy…) and light industries (food, chemicals, transportation and logistics…) and also public sectors (posts, local authorities…).
From design to after sales service, PRECIA-MOLEN is able to provide total weighing solutions for all businesses Precia Molen is present in 42 countries, with 22 commercial subsidiaries and a large network of selling agents. It has nine production plants (France, The Netherlands, India, the United Kingdom, Morocco, Australia, Poland and Lithuania) and three assembly sites (Brazil, USA, Malaysia). The Group pursues a large research and innovation program, and has been granted an "Innovating Company" status by French authority Oseo.
Precia Molen is listed on NYSE Euronext's C compartment in Paris (code ISIN FR0000060832 - Mnemo: PREC).
More information on www.preciamolen.com