Casino completes reverse share split Adjustments to the warrants exercise parity and allocation rights under free share allocation plans - Seite 3
Pursuant to a CEO decision dated 14 June 2024, the free shares allocation rights under existing Casino free shares allocation plans (the “Plans”) have been adjusted to take account of this reverse share split transaction.
Consequently, the number of shares to be allocated to each beneficiary of the Plans has been adjusted to correspond to the product of (i) the number of free shares to be allocated to each beneficiary of the Plans prior to the start of the reverse share split and (ii) the ratio between the number of new shares comprising the Company's share capital after the reverse share split and the number of existing shares comprising the Company's share capital prior to the reverse share split, i.e. 1/100, it being specified that where the number of free shares calculated in this way is not a whole number, the number of free shares to be allocated to the beneficiary of the said free shares will, for each holder, be rounded down to the nearest whole number of shares (in accordance with the doctrine of the French tax authorities).
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This press release has been prepared for information purposes only and should not be construed as a solicitation or offer to buy or sell any securities or related financial instruments. Similarly, it does not constitute, and should not be treated as, investment advice. It has no regard to the investment objectives, financial situation or particular needs of any Receiver. No representation or warranty, express or implied, is made as to the accuracy, completeness or reliability of the information contained herein. It should not be considered by recipients as a substitute for the exercise of their own judgment. All opinions expressed in this document are subject to change without notice.
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ANALYSTS AND INVESTORS CONTACTS
Christopher WELTON - cwelton.exterieur@groupe-casino.fr - Tel: +33 (0)1 53 65 64 17
or
IR_Casino@groupe-casino.fr - Tel: +33 (0)1 53 65 24 17
PRESS CONTACTS
Groupe Casino Communications
Stéphanie ABADIE - sabadie@groupe-casino.fr – Tel: +33 (0)6 26 27 37 05
or
directiondelacommunication@groupe-casino.fr - Tel: + 33(0)1 53 65 24 78
Agence IMAGE 7
Karine Allouis - kallouis@image7.fr - Tel: +33 (0)6 11 59 23 26
Laurent Poinsot - lpoinsot@image7.fr - Tel: + 33(0)6 80 11 73 52
1 With the exception of beneficiaries of free shares granted under a free share allocation plan, who are currently in a holding period (période de conservation), in accordance with tax doctrine.
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