AI assistant
Recticel Capital/Financing Update 2021
3993_mrq_2021-03-31_8c261a57-7fc9-41b2-90b3-e0e0c29bdd03.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
Brussels, 31 March 2021 – 18:00 CET
Disclosure in accordance with the provisions of the Act of 2 May 2007
Capital increase through exercise of warrants
Recticel announces that on 31 March 2021 its share capital has been increased following the exercise of (i) 8,000 warrants of the warrant plan issued on 23 June 2015, (ii) 15,000 warrants of the warrant plan issued on 29 April 2016, and (iii) 20,000 warrants of the warrant plan issued on 30 June 2017. This resulted in the issuance of 43,000 new ordinary shares, which will be admitted for trading on Euronext Brussels as of 06 April 2021.
This results in the following overview:
| before | current | |
|---|---|---|
| Total subscribed capital (in EUR) | 139 357 300 | 139 464 800 |
| Total number of shares in issue (with voting rights) | 55 742 920 | 55 785 920 |
| Total number of outstanding warrants1 | 1 933 000 | 1 890 000 |
1After correction for expired and/or cancelled warrant rights. Each warrant entitles the holder to subscribe to 1 new ordinary share.
°°°
Financial calendar
| First quarter 2021 trading update | 27.04.2021 (at 07:00 AM CET) |
|---|---|
| Annual General Meeting | 25.05.2021 (at 10:00 AM CET) |
| First half-year 2021 results | 27.08.2021 (at 07:00 AM CET) |
| Third quarter 2021 trading update | 29.10.2021 (at 07:00 AM CET) |
| Annual results 2021 | 25.02.2022 (at 07:00 AM CET) |
| First quarter 2022 trading update | 28.04.2022 (at 07:00 AM CET) |
| Annual General Meeting | 31.05.2022 (at 10:00 AM CET) |
| First half-year 2022 results | 26.08.2022 (at 07:00 AM CET) |
| Third quarter 2022 trading update | 28.10.2022 (at 07:00 AM CET) |
For additional information
| RECTICEL avenue du Bourget/Bourgetlaan 42, 1130 Brussels |
|
|---|---|
| PRESS | INVESTOR RELATIONS |
| Mr Olivier Chapelle Tel: +32 2 775 18 01 [email protected] |
Mr Michel De Smedt Mobile: +32 479 91 11 38 [email protected] |
Recticel in a nutshell
Recticel is a Belgian Group w ith a strong European dimension, but it also operates in the rest of the w orld. Recticel (excluding minority stakes in joint ventures) employs 4,221 people in 41 establishments in 20 countries.
Recticel contributes to daily comfort w ith high performance insulation solutions, mattresses and slat bases of top brands and an extensive range of polyurethane foam products for industrial and domestic applications.
Within Recticel's Insulation segment, the high-quality thermal insulation products are marketed under the w ellknow n brands Eurow all®, Pow erroof®, Pow erdeck®, Pow erw all® and Xentro®. Recticel is also the Group behind the bedding brands (Beka®, Lattoflex®, Literie Bultex®, Schlaraffia®, Sembella®, Sw issflex®, Superba®, etc.) and GELTEX®.
In 2020 Recticel achieved consolidated sales of EUR 828.8 million.
Recticel (Euronext: REC – Reuters: RECTt.BR – Bloomberg: REC:BB) is listed on Euronext in Brussels.
The press release is available in English and Dutch on the website www.recticel.com