ALBIOMA : Great success of the issue of BSAAR warrants

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...

London, 04/12/2018 (informazione.news - comunicati stampa - energia)

Paris La Défense, 4 December 2018

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).