Conversion of Subscription Rights [Change in denominator]

Press Release - Regulated Information 

La Hulpe, Belgium, 3 May 2024, 7.00 a.m. CET — [REGULATED INFORMATION] Unifiedpost Group (Euronext Brussels: UPG) (“Unifiedpost”), a leading provider of cloud-based platform solutions for administrative and financial services, announces that today its management team exercised 100.000 Key Man and 30.750 Plan de Warrants 2015 subscription rights. As a result 1.307.500 ordinary shares have been issued for a total amount of EUR 2.432.360.

[REGULATED INFORMATION] Pursuant to article 15 of the law of May 2, 2007 on the disclosure of large shareholdings, Unifiedpost Group announces the exercise of subscription rights. Each subscription right entitles the holder to 10 ordinary shares of Unifiedpost. The subscription rights are broken down as follows: 

• 100.000 Key Man subscription rights with an exercise price of EUR 18,30 per subscription right.
• 22.750 Plan de Warrants 2015 subscription rights with an exercise price of EUR 18,30 per subscription right.
• 5.500 Plan de Warrants 2015 subscription rights with an exercise price of EUR 18,37 per subscription right.
• 2.500 Plan de Warrants 2015 subscription rights with an exercise price of EUR 34,00 per subscription right.

The gross proceeds from the exercise of the subscription rights amount to EUR 2.432.360.

Hans Leybaert, CEO and founder of Unifiedpost, commented, "Our decision to exercise our subscription rights reflects our strong belief in Unifiedpost's strategy, market position, and ability to deliver long-term value to our shareholders while strengthening our balance sheet position.”

Impact on Share Capital and outstanding subscription rights

Following the issuance of these shares, Unifiedpost provides the following updated information:

• total share capital after the conversion of the subscription rights: EUR 329.237.715,82
• total number of securities with voting rights (all ordinary shares): 37.131.654
• total number of ordinary shares (= denominator): 37.131.654

The total number of subscription rights to subscribe to unissued shares with voting rights currently amounts to 4.500 subscription rights under the 2015 Warrant Plan and 500.000 subscription under the Warrant Plan 2021.

Contact:
Alex Nicoll
Investor Relations
Unifiedpost Group
[e-mail]

About Unifiedpost Group

Unifiedpost is a leading cloud-based platform for SME business services built on “Documents”, “Identity” and “Payments”. Unifiedpost operates and develops a 100% cloud-based platform for administrative and financial services that allows real-time and seamless connections between Unifiedpost’s customers, their suppliers, their customers, and other parties along the financial value chain. With its one-stop-shop solutions, Unifiedpost’s mission is to make administrative and financial processes simple and smart for its customers.