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Free shares allocation to all shareholders: 4 free new shares per 100 shares held



Aix-en-Provence (France), June 22nd, 2016. Global EcoPower (FR0011289198 - ALGEP), turnkey constructor of power plants using renewable energy sources, confirms the free shares allocation to all shareholders at the rate of 4 new bonus shares for every 100 shares held, and specifies the operation calendar.


During the General Meeting of June 10, 2016, the shareholders have approved the proposal of free shares allocation.


The Board of Directors decided to allocate to the shareholders 4 free new shares per 100 shares held. Based on the current share capital - consisting of 5,025,191 shares - the free allocation of shares would result in the creation of a maximum amount of 201,007 new shares.


The free allocation will therefore concern all shares held at the close of trading of 29 June 2016. Any shareholder who will own shares at that date will thus benefit from this allocation of free shares.


The new shares will be delivered on 4 July 2016. Financial intermediaries will indemnify shareholders in cash for the portion of shares not being a multiple of 100 as of 29 July 2016.


Moreover, the voting results for each resolution are available on the Company website (www.Global-EcoPower.com), under Investor Relations / General Assembly.


 




About GEP

Global EcoPower is an Aix-en-Provence based company and a “turnkey” constructor of power plants using renewable energies, wind and solar power. GEP is listed on the Alternext Paris Market of Euronext (ISIN code: FR0011289198 - mnemo: ALGEP). GEP is eligible for PEA-PME.


Contacts








Global EcoPower

Thierry DARIER

Investor Relations

Tél. : + 33 442 245 016

[email protected]
ACTUS Finance

Vivien FERRAN

Press Relations

Tél. : + 33 (1) 53 67 36 34

[email protected]

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Full and original press release in PDF:


https://www.actusnews.com/documents_communiques/ACTUS-0-44684-GEP_PR_FREE-SHARES-ALLOCATIONS_20160622_EN.pdf

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Quelle: Actusnews

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