Press release
Paris La Défense, 4 December 2018
Great success of the issue of BSAAR warrants
Albioma announces that the issue of redeemable share subscription and/or purchase warrants (BSAAR warrants) reserved for 42 employees of the Company and its subsidiaries and the Company's Chief Executive Officer, without preferential subscription rights of the shareholders, launched on 9 November 2018, met with great success.
With a subscription rate over 140%, the transaction results in the issue of 1,071,731 BSAAR warrants of 0.90 euro each (representing 964,557.90 euros gross proceeds), allocated to 31 subscribers including the Chief Executive Officer, who subscribed for 110,650 BSAAR warrants.
The exercise of the totality of the BSAAR warrants would result in the creation, between 6 December 2021 and 4 December 2024, of a number of new shares representing c. 3.46% of the share capital as at 30 November 2018 (3.35% of the share capital post exercise of the BSAAR warrants). The exercise price of the BSAAR warrants was set at 20.90 euros, i.e. a price equal to 120% of the average closing prices quoted for the Company's shares over a period of 20 consecutive trading days preceding 8 November 2018. The terms and conditions of the BSAAR warrants are available on the Company's website, www.albioma.com.
Albioma was accompanied by Europe Offering as advisor to the issuer, and Banque Transatlantique as centralising agent of the transaction.
Next on the agenda: annual results for the 2018 financial year, on 8 March 2019 (before trading).
| About Albioma | Contacts |
| An independent renewable energy producer, Albioma is committed to the energy transition thanks to biomass and photovoltaics. The Group, which is established in Overseas France, Mauritius and Brazil, has developed a unique partnership for 20 years with the sugar industry, to produce renewable energy from bagasse, a fibrous residue from sugar cane. Albioma is also the leading generator of photovoltaic power overseas where it constructs and operates innovative projects with integrated storage capabilities. | Investor Julien Gauthier +33 (0)1 47 76 67 00 Media Charlotte Neuvy +33 (0)1 47 76 66 65 presse@albioma.com |
| Albioma shares are listed on NYSE EURONEXT PARIS (sub B) and eligible for the deferred settlement service (SRD) and PEA-PME plans (ISIN FR0000060402 - ticker: ABIO). | www.albioma.com |
