Oxurion Share Consolidation - Seite 2

 

All operations related to the consolidation will take place at Euronext Brussels.

Treatment of multiples of 10,000: Shareholders holding a number of old shares forming a multiple of 10,000 have no steps or formalities to complete. These shares will be automatically consolidated by their financial intermediary at a ratio of one (1) new share for ten thousand (10,000) old shares.

Management of Fractional Shares: Shareholders who do not hold a number of old shares forming a multiple of 10,000 can buy or sell shares on the market to obtain this multiple between July 26, 2024, and August 30, 2024 (included).

At the end of this period, Financière d'Uzès, acting as the centralizing agent (see below), will handle the sale of new shares formed by the fractional shares on the market to compensate shareholders who do not hold a number of shares forming a multiple of 10,000 after August 30, 2024. The funds thus collected, minus any fees, will be paid to the relevant financial intermediaries.

These intermediaries will distribute the amount received among the concerned shareholders based on the number of old shares previously held no later than September 30, 2024, provided that the net proceeds to be received by a shareholder for their position with a financial intermediary is at least equivalent to 0.01 EUR.

Shareholders who do not have the required amount to obtain new shares and whose fractional share amount is less than 0.01 EUR (which is quite likely for a number of shareholders given the current share price of the Company of 0.0001 EUR) will not receive either shares or fractional shares in cash.

Example: A shareholder holding 10,500 old shares on August 30, 2024, will receive one new share on September 5, 2024, and the balance, i.e., 500 shares, will be consolidated with other old shares to form a new share which will be sold on the market.

The net proceeds from the sale of all these shares will be paid to the various financial intermediaries concerned, who will distribute the received portion among the different shareholders, provided that the net proceeds to be received by the concerned shareholder from a financial intermediary is at least equivalent to 0.01 EUR.

Delisting: Non-consolidated shares at the end of the consolidation period will be delisted.

Centralization: All operations related to the share consolidation will take place at Financière d’Uzès, 13 rue d’Uzès, Paris 75002, France, designated as the agent for the centralization of consolidation operations.