BRUSSELS--(BUSINESS WIRE)--Regulatory News:
1. Content
Subsequent to the capital increase without pre-emptive subscription rights launched on 30 June 2020, AudioValley (Paris:ALAVY) (Brussels:ALAVY) issued 1,723,580 ordinary new shares, representing 20% of its capital prior to the transaction and 16.7% thereafter. Accordingly, AudioValley now has a total of 10,341,483 shares, consisting of:
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10,341,483 ordinary shares.
10,311,918 of these shares carry rights to vote at the General Shareholders’ Meeting and this figure is the denominator used to calculate participation rates.
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800 bonds convertible into ordinary shares issued on 18 July 2019.
In the event these are converted, a total of 1,454,545 ordinary shares granting the same number of voting rights would be created.
Subsequent to this transaction, AudioValley SA's share capital comes to a total of €22,839,156.
2. For more information
This press release is available on AudioValley SA's website at: https://www.audiovalley.com/en/investors/press-releases/.
An updated overview of AudioValley SA's share-ownership structure is available on the company’s website at: https://www.audiovalley.com/en/investors/capital-structure/.
