Brief: Genfit: Approval Of OCEANEs Buyback And Amendments Of Terms

Genfit SA

25/01/2021 18:32

Jan 25 (Reuters) - Genfit SA  GNFT.PA :
    * REG-GENFIT: SWEEPING APPROVAL OF OCEANES BUYBACK AND
AMENDMENTS
OF TERMS
    * APPROVAL BY 98.5% OF SHAREHOLDERS (QUORUM 23.36%) AND BY
100% OF
BONDHOLDERS (QUORUM 70.88%) THAT VOTED
    * EUR 85.7 MILLION CONVERTIBLE DEBT WILL BE CANCELLED BY
SPENDING
ONLY EUR 47.48 MILLION FOLLOWING BUYBACK SETTLEMENT OPERATIONS
TO TAKE PLACE THIS WEEK
    * MATURITY EXTENDED TO 2025, ALLOWING GENFIT TO IMPLEMENT
ITS NEW
CORPORATE STRATEGY

Source text for Eikon:  ID:nGNE9Xbhqr 
Further company coverage:  GNFT.PA 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))