HIGHCO : CAPITAL INCREASE 31/08/2016
31 August 2016 - 6:39PM
Paris, 31 August
2016
GRANT OF BONUS
SHARES TO ALL SHAREHOLDERS ON A ONE-FOR-ONE BASIS
On 31 August 2016 the Management
Board decided, under authorisation granted at the Annual General
Meeting held on 1 June 2015, to increase the Group's share
capital by a nominal value of €5,605,333 by incorporation of
retained earnings for the full amount. This capital increase,
effective immediately, will be in the form of bonus shares,
offering shareholders one new share for one share owned to reward
them for their loyalty and to increase the liquidity of the
shares.
The bonus issue will result in the
creation of 11,210,666 new fully paid-up shares (i.e. doubling
the existing share capital) with a nominal value of €0.50. These
shares will be delivered in physical form by Euroclear France on
6 September 2016, the payment date.
The new shares will carry the same
rights as existing shares, in particular in terms of voting and
dividend rights, under the ISIN code FR0000054231.
The shares will be available for
trading on Euronext Paris in the same category as existing shares
as of the ex date, 2 September 2016.
Shares must be registered by the
record date, 5 September 2016, after market close to benefit from
this bonus issue.
Maximum price per
share adjusted for the share buy-back programme
Following this capital increase,
the Management Board adjusted the maximum price of shares eligible
for the Company's share buy-back programme, reduced from €15 to
€7.50 per share, in accordance with the provisions of Article
L. 225-209 of the French Commercial Code and the authorisation
granted at the Joint General Meeting of 23 May 2016.
The maximum price per share
published in the description of the share buy-back programme
included in the 2015 registration document (page 211) has also been
amended accordingly.
About HighCo
Since its creation, HighCo has placed innovation at the
heart of its values, offering its clients - brands and retailers -
Intelligent Marketing Solutions to influence shopper behaviour with
the right deal, in the right place, at the right time and on the
right channel.
With nearly 900 employees, HighCo
operates in 14 countries. HighCo is listed in compartment C of
Euronext Paris and in the Gaia Index, a selection of
70 responsible Small and Mid Caps, winning first prize in its
category (revenue < €150 M) for 2015.
Your contacts
Cécile
Collina-Hue
Géraldine Myoux
Deputy Managing
Director
Press Relations
+33 1 77 75 65
06
+33 1 77 75 64 67
comfi@highco.com
g.myoux@highco.com
Upcoming events
Publications take place after market close.
Conference call on 2016 half-year
earnings: Thursday, 1 September 2016 (11 a.m.
CEST)
Q3 and 9-month YTD 2016 Gross Profit: Wednesday, 19 October
2016
Q4 2016 Gross Profit: Tuesday, 24 January 2017
HighCo is a component stock of
the indices CAC® Small (CACS), CAC® Mid&Small (CACMS) and CAC®
All-Tradable (CACT).
ISIN: FR0000054231
Reuters: HIGH.PA
Bloomberg: HCO FP
For further financial information and press
releases, go to www.highco.com
This
English translation is for the convenience of English-speaking
readers. Consequently, the translation may not be relied upon to
sustain any legal claim, nor should it be used as the basis of any
legal opinion. HighCo expressly disclaims all liability for any
inaccuracy herein.
Download the press
release
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: HIGHCO via Globenewswire
High (EU:HCO)
Historical Stock Chart
Von Jun 2024 bis Jul 2024
High (EU:HCO)
Historical Stock Chart
Von Jul 2023 bis Jul 2024