RUBIS: Capital increase reserved for Group's employees [Yahoo! Finance]
RUBIS ADR (RBSFY)
NASDAQ:AMEX Investor Relations:
rubis.fr/en/publications/financial-reports
Company Research
Source: Yahoo! Finance
by the Ordinary and Extraordinary Shareholders' Meeting of 8 June 2023, established under Articles L. 3332-18 et seq. of the French Labor Code, to perform a capital increase by issuing shares reserved for eligible employees of companies participating in the Rubis Avenir Company Savings Plan (companies based in France) under the conditions described below. The maximum nominal amount authorized by the Ordinary and Extraordinary Shareholders' Meeting of 8 June 2023 in respect of capital increases reserved for employees, is €700,000 (560,000 shares). The subscription price, set at €15.71, corresponds, in accordance with Article L. 3332-19 of the French Labor Code, to 70% of the average share price over the 20 trading days preceding the decision of the Board of Management. The subscription period will run from 18 March to 5 April 2024. The funds invested in Rubis shares through the “FCPE Rubis Avenir” mutual fund will be available at the end of a five-year lock-up period, except in
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