Capital increase through exercise of warrants
Recticel announces that on 30 May 2018 its share capital has been increased following the exercise of (i) 36,993 warrants of the warrant plan issued on 03 December 2007 and (ii) 14,320 warrants of the warrant plan issued on 29 April 2014. This resulted in the issuance of 51,313 new ordinary shares, which will be admitted for trading on Euronext Brussels as of 01 June 2018.
This results in the following overview:
|Total subscribed capital (in EUR)||137.298.295||137.426.578|
|Total number of shares in issue (with voting rights)||54.919.318||54.970.631|
|Total number of outstanding warrants 1||2.282.301||2.218.459|
1 Each warrant entitles the holder to subscribe to 1 new ordinary share. Includes the new serie issued in April 2018 (460,000 warrants) and the impact of some non-exercised warrants which expired in May 2018.