Vantiva - press-release 01-10-2024 -capital increase-01-09-2024
10 Enero 2024 - 1:46AM
Vantiva - press-release 01-10-2024 -capital increase-01-09-2024
Press Release
Reserved capital increase of
€87,558,034.85released by set-off of receivable in
accordance with the authorization given by the combined general
meeting of December 19, 2023
Paris – January 10, 2024 -
Vantiva (Euronext Paris: VANTI), today announced the completion of
a reserved capital increase of €87,558,034.85 paid up by debt
set-off.
On January 9, 2024, the Chief Executive Officer,
pursuant to the sub-delegation of authority granted to him by the
Company's Board of Directors on December 19, 2023, itself pursuant
to the fourth resolution of the Company's Combined General Meeting
of December 19, 2023, duly acknowledged the completion of a share
capital increase in the nominal amount of €1,347,046.69, through
the creation and the issuance of 134,704,669 new ordinary shares
with a par value of €0.01 each and a total issue premium of
€86,210,988.16, paid up by offsetting receivable, with preferential
subscription rights waived in favor of CommScope.
This operation enabled the issuance of
134,704,669 new shares at a unit price of €0.65.
The new shares issued will be assimilated to
existing shares and would be admitted to trading on Euronext Paris
on January 11, 2024, on the same quotation line as existing shares
under ISIN code FR0013505062.
Following this operation, Vantiva's share
capital will stand at €4,901,364.11, divided into 490,136,411
shares with a par value of one cent of euro (€0.01), listed on the
Euronext Paris market.
About Vantiva
Pushing the Edge
Vantiva shares are admitted to trading on the regulated market
of Euronext Paris (VANTI).
Vantiva, formerly known as Technicolor, is headquartered in
Paris, France. It is an independent company which is a global
technology leader in designing, developing and supplying innovative
products and solutions that connect consumers around the world to
the content and services they love – whether at home, at work or in
other smart spaces. Vantiva has also earned a solid reputation for
optimizing supply chain performance by leveraging its decades-long
expertise in high-precision manufacturing, logistics, fulfillment
and distribution. With operations throughout the Americas, Asia
Pacific and EMEA, Vantiva is recognized as a strategic partner by
leading firms across various vertical industries, including network
service providers, software companies and video game creators for
over 25 years. The group’s relationships with the film and
entertainment industry goes back over 100 years by providing
end-to-end solutions for its clients.
Following the acquisition of CommScope’s Home
Networks in January 2024, Vantiva continues its 130-year legacy as
a global leader in the connected home market.
Vantiva is committed to the highest standards of corporate
social responsibility and sustainability across all aspects of
their operations.
For more information, please visit vantiva.com and follow
Vantiva on LinkedIn and Twitter.
Contacts
Vantiva Investor
Relations Image
7 for Vantiva –
Corporateinvestor.relations@vantiva.com vantiva.press@image7.fr
- Vantiva - press-release 01-10-2024 -capital
increase-01-09-2024
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