A total amount raised of € 1,843,116
Micropole, an international consulting and digital services company (ESN), announces the great success of its capital increase with shareholders' preferential subscription rights (DPS) launched on June1, 2016.
At the end of the subscription period, on June 10, 2016, 6,500,278 New Shares were requested, out of 2,595,939 New Shares offered, i.e. a subscription rate of 250% :
- the applications for subscription on an irreducible basis presented by the shareholders and the assignees of the preferential subscription rights concerned a total of 1,647,568 New Shares, i.e. 63% of the number of New Shares offered,
- the applications for subscription on a reducible basis presented by the shareholders and the assignees of the preferential subscription rights concerned a total of 4,852,710 New Shares, i.e. an application representing a subscription rate of 187% of the number of New Shares offered, and which have consequently been partially allocated up to 948,371 New Shares
The New Shares will carry current dividend rights and will be negotiable on the Euronext market in Compartment C as of June 21, 2016. They will be listed on the same quotation line as the old shares (ISIN code FR0000077570 - mnemo: MUN) and will be fully assimilated to them as soon as they are admitted for trading.
After the operation, Micropole's share capital will be composed of 28,555,339 shares with a par value of €0.05 each.
Christian Poyau, Chairman and CEO of Micropole, said: " We would like to thank our shareholders for their support and their commitment to the Group's development project. The great success of this capital increase operation demonstrates their confidence in our strategy of offering innovative and high value-added services to our clients. We now have the financial leeway to support the acceleration of our development, whether through targeted external growth operations, designed to strengthen our offerings in our various locations, or through investment in innovation, via the development of our start-up incubator designed to support the development of young companies with expertise in data processing and analysis."
Euroland Corporate acted as the Company's advisor in this transaction.
Impact of the issue on the distribution of capital
In accordance with their intentions, the founders of the Company, Christian Poyau and Thierry Létoffé, have subscribed on an irreducible and reducible basis for 17.51%. At the end of the operation, Mr Christian Poyau will hold 11.86% of the capital and 18.23% of the voting rights, and Mr Thierry Létoffé will hold 8.92% of the capital and 14.65% of the voting rights.
The Company has not received any information to date regarding the participation of other shareholders in the transaction. The complete shareholder structure taking into account the transaction will be provided in the 2015 Registration Document, the filing number of which will be requested in early July 2015. The dilution resulting from this capital increase represents 9.09% compared to the 28,555,339 shares currently outstanding.
Partners of the operation
Counsel to the transaction : EuroLand Corporate
Financial Communication: Public Rumor
Next financial communication
Thursday, July 28, 2016 for the publication of first-half sales. The full financial calendar is available on the group's website.
This transaction, representing less than 10% of the number of shares of the same class already admitted to trading on the same regulated market, does not give rise to a prospectus subject to AMF approval pursuant to Article 212-5 of the AMF's General Regulations.
This press release and the information contained herein do not constitute a solicitation of an order to purchase or subscribe for securities in France or in countries other than France.
