Rights issue-renounceable
Trading period of rights: 10-nov-2021 to 19-nov-2021
“kindly note that the trading of rights will only be supported up to clients deadline date” New securities dealing date: 01-dec-2021.
Should the client wish to oversubscribe, kindly ensure to exercise full quantity of rights. Oversubscription may be subject to scaleback based on the account level.
Rights not exercised will be lapsed worthless.
For clients who elect to exercise and oversubscribe, clients should ensure that the account where positions are booked to, are funded sufficiently at the time exercise instructions are submitted and or oversubscribe. Once submitted instructions cannot be amended.
These funds should continue to remain available on the account until funds are debited which will be by close of business the next business day.
In case of insufficient funds, instructions will be rejected.
When subscription costs are debited by close of business the following business day, the resultant entitlement will be booked to a dummy security.
We will attempt to sell any tradeable rights position left uninstructed, instructed for lapse or have insufficient funds to subscribe for new shares on the last rights trading date if the value of the client position is worth more than EUR 30 or equivalent to the currency of the security.
We hereby informs the client that, according to the laws of the country of its incorporation or the laws of the country of residence of its customers and the laws applicable to an issuer of securities which are subject to corporate actions, the client, will decide to participate or not to such corporate actions upon its sole and
exclusive discretion and judgment.
The client will bear any detrimental consequence arising out of or connected to such instruction.
For the avoidance of doubt, any information in relation to the corporate actions sent to the client may have been obtained from sources which are not under the bank's control and accordingly, the bank shall not be held responsible for the truth and the accuracy of this information.
Please refer to the prospectus of the event for any further details.
Announcement text:
Exercise period rights: nov 12,2021 until nov 23, 2021 trading period rights: nov 10,2021 until nov 19, 2021 isin code rights: fr0014006f90 exercise price: EUR 10.96 exercise ratio: 1/1 isin code new shares: fr0012650166 pay date: dec 1, 2021 oversubscription is possible.
Instructions are irrevocable..
Oversubscription is applicable, which means shareholders can request additional securities above and beyond their rights /entitlement, but without the assurance that these additional securities will be fully served.
Indeed, the distribution of these oversubscribed securities depends on the fact that new securities do not exceed the total number of unsubscribed securities through the irrevocable exercise of rights entitlement. Oversubscription orders will be proportionate to the number of existing securities resulting from preferential subscription rights that have been exercised.
No fractions will be delivered .
In case of a scale back on a pro rata basis for the oversubscription, the number of securities that will be received for this oversubscription will be calculated with a reduction ratio communicated by the centralizing agent, which will be applied to the number of rights exercised per final beneficiary.
If a same subscriber delivers different oversubscription instructions, the number of additional securities allotted for the oversubscription will be calculated based on the totality of its tendered subscription rights on condition that he expressly requests to do so.
Nhoa decided to proceed with a capital increase through an issue of new shares with preferential subscription rights.
The purpose of this notice is to describe the main terms of the issue.