on LDC (EPA:LOUP)
LDC announces the halving of the nominal value of the share
The General Meeting of Shareholders of LDC, held on August 22, 2024, decided to halve the nominal value of the share. The Company's Management Board, with a delegation, set the effective date of this transaction at September 30, 2024.
This split aims to make the LDC share more accessible to individual shareholders and to increase the liquidity of the stock. Thus, for each €0.40 share held, shareholders will receive two shares with a par value of €0.20. This change will have no tax or shareholder rights impact and will be carried out at no cost to them.
Following this transaction, the total number of shares making up the share capital will be multiplied by two. The share will trade on the basis of the opening price divided by two from September 30, 2024. A Euronext Paris notice will be published on September 23, 2024 to inform the market.
R. E.
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