on VERGNET (EPA:ALVER)
Vergnet announces a share consolidation
On September 17, 2025, the Vergnet Group announced a reverse stock split, decided by its Board of Directors. The objective is to reduce the number of shares outstanding to limit volatility and simplify management. This transaction will not affect the overall value of the shares held, except in the case of split shares.
The reverse stock split, which begins on October 2, 2025, will involve more than 4.5 billion shares. For every 7,600 existing shares, one new share will be issued, with a par value of €0.76. The shares resulting from the reverse stock split will be listed on Euronext Growth in Paris starting November 1, 2025. Shares not reverse stock split will lose their voting rights and their dividend rights will be suspended.
R. P.
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