Brief: Implanet Launches Reverse Stock Split

Implanet SA

02/01/2020 07:05

Jan 2 (Reuters) - Implanet SA  ALIMP.PA :
    * LAUNCHES A REVERSE STOCK SPLIT
    * 1-FOR-40 REVERSE STOCK SPLIT: EXCHANGE OF 40 EXISTING
SHARES
WITH A PAR VALUE OF €0.01 FOR ONE NEW SHARE WITH A PAR VALUE OF
€0.40
    * STARTING DATE OF REVERSE STOCK SPLIT OPERATIONS: JANUARY
2, 2020
    * REVERSE STOCK SPLIT WILL TAKE EFFECT ON FEBRUARY 3, 2020
(DELISTING OF EXISTING SHARES AND LISTING OF THE NEW SHARES)
    * NUMBER OF SHARES TO BE CONSOLIDATED: 68,694,080 SHARES
WITH A
PAR VALUE OF €0.01 EACH
    * NUMBER OF SHARES POST-CONSOLIDATION: 1,717,352 SHARES WITH
A PAR
VALUE OF €0.40 EACH

Source text for Eikon:  ID:nBw4Bd6Zra 
Further company coverage:  ALIMP.PA 

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