Atos completes reverse stock split - Seite 2
As a result of the reverse stock split, the exercise parity of the Warrants corresponds to the product of (i) the exercise parity in force before the start of the reverse stock split and (ii) the ratio between the number of new shares comprising the Company’s share capital after the reverse stock split and the number of old shares comprising the Company’s share capital before the reverse stock split, i.e. 1/10,000, i.e. a maximum number of new ordinary shares to which the Warrants give entitlement in the event of exercise after this reverse stock split, of 1,107,589 new ordinary shares in the Company with a par value of one euro each on exercise of the Warrants.
Adjustment of the rights of beneficiaries of free allocations of shares
By decision of the Chairman and Chief Executive Officer of April 24, 2025, the rights of beneficiaries of free share allocations under the Company’s current free share allocation plans were adjusted to take account of reverse stock split transactions.
As a result, the number of rights allocated to each plan beneficiary will correspond to the product of (i) the number of rights allocated to each plan beneficiary before the start of the reverse stock split, and (ii) the ratio between the number of new shares comprising the Company’s share capital after the reverse stock split and the number of existing shares comprising the Company’s share capital before the reverse stock split, i.e. 1/10,000, it being specified that where the number of rights calculated in this way is not a whole number, the number of rights allocated to the beneficiary will, for each holder, be rounded down to the nearest whole number, in accordance with the doctrine of the tax authorities.
Timetable of upcoming operations
April 24, 2025 | Effective date of the reverse stock split and first day of trading of new shares (ISIN code: FR001400X2S4) |
From April 24 to May 25, 2025 | Compensation period for shareholders with fractional rights through their financial intermediaries |
April 28, 2025 | Restart of the period of suspension of exercise of the Warrants |
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About Atos
Atos is a global leader in digital transformation with circa 74,000 employees and annual revenue of circa €10 billion. European number one in cybersecurity, cloud and high-performance computing, the Group provides tailored end-to-end solutions for all industries in 68 countries. A pioneer in decarbonization services and products, Atos is committed to a secure and decarbonized digital for its clients. Atos is a SE (Societas Europaea) and listed on Euronext Paris.