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Reduction in share capital by cancelling 51 840 treasury shares, representing 3.82% of the share capital.

Home News › Reduction in share capital by cancelling 51 840 treasury shares, representing 3.82% of the share capital.

Toulouse, 21 June 2019, the IGE+XAO Group announces:

Reduction in share capital

by cancelling 51,840 treasury shares,

representing 3.82% of the share capital.

In its session on 11 June 2019, the Board of Directors made use of the powers granted to it by the Combined Shareholders’ Meeting of 12 April 2019, and decided to reduce, effective on 20 June 2019, the share capital of IGE+XAO SA by cancelling 51,840 shares representing 3.82% of the share capital.

This operation does not affect the consolidated equity of the IGE+XAO Group from an accounting standpoint.With regards to the company accounts, the Board of Directors has decided to allocate the difference between the purchase value of the cancelled securities which is 5,079,578.51 euros and their nominal amount, i.e. an amount of 4,879,994.51 euros to the “Other reserves” account which will change from 20,035,721.61 euros to 15,155,727.10 euros.

The number of securities comprising the share capital will then become 1,304,381 shares.

190621 Tableau ANG

(1) In accordance with the last paragraph of Article 222-12 of the General Regulations of the AMF, the total gross number of voting rights is calculated based on all of the shares that comprise the share capital.

(2) The total net number of voting rights is calculated based on all of the shares comprising the share capital less the shares that do not have voting rights (treasury shares, in particular).

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