DIVISION BY FIVE OF THE NOMINAL OF THE SHARE
Bagnolet, 2 June 2014
Infotel’s Board of Directors has decided to divide the par value of the Company’s shares by five. As a result, each current share, with a nominal of €2, will be exchanged for five shares with a nominal of €0.4.
The number of shares comprising the share capital will therefore be multiplied by five, thus bringing all outstanding Infotel shares from €1,331,391 to €6,656,955, without any change in the share capital of €2,662,782. Approved by the Combined Shareholders’ Meeting which met on 21 May 2014, this provision takes effect on 2 June 2014 at the opening of the trading session.
The purpose of dividing the nominal value of Infotel shares by five is to increase its liquidity.
The transaction in infotel shares will be carried out by NYSE Euronext on the basis of the shares held at the close of the session on 30 May 2014, free of charge, without formality and without loss of rights for all shareholders. Infotel shares will trade on the basis of the opening price as of June 2, 2014 divided by five, with an UNchanged ISIN code (FR0000071797).
Listed on Compartment C of Euronext Paris since January 1999 (Isin code FR0000071797), Infotel is the specialist in key account management systems, from mobile to very large volume databases (Big Data). At the forefront of technological innovations, Infotel develops its expertise around two complementary areas of expertise: IT services and software publishing. With more than €142 million in turnover in 2013, Infotel has more than 1500 employees.