Brief: Solocal Group Launches Reverse Stock Split

Solocal SE

20/10/2020 16:10

Oct 20 (Reuters) - Solocal Group SA  LOCAL.PA :
    * LAUNCH OF A REVERSE STOCK SPLIT OF SOLOCAL GROUP SHARES
    * EFFECTIVE DATE OF REVERSE STOCK SPLIT (DELISTING OF
EXISTING
SHARES AND LISTING OF NEW SHARES): 24TH NOVEMBER 2020
    * STARTING DATE OF THE REVERSE STOCK SPLIT: 22ND OCTOBER
2020
    * 100-FOR-1 REVERSE STOCK SPLIT: ONE HUNDRED (100) EXISTING
SHARES
FOR ONE (1) NEW SHARE
    * NUMBER OF SHARES SUBJECT TO THE REVERSE STOCK SPLIT:
12,950,061,512 SHARES WITH A PAR VALUE OF 0.01 EUROS
    * EXISTING SHARES THAT WILL NOT BE SUBJECT TO REVERSE STOCK
SPLIT
WILL BE DELISTED AT END OF REVERSE STOCK SPLIT PERIOD

Source text for Eikon:  ID:nNDLwqkT7 
Further company coverage:  LOCAL.PA 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7785110;))