Conversion of financing preference shares
26 Giugno 2017 - 7:00AM
Corbion's financing
preference shareholder has elected to convert financing preference
shares into ordinary shares per 26 June 2017.
The shareholder was holder
of 2,279,781 financing preference shares (series FPA, FPB, and FPC)
in the share capital. At the request of the holder of the financing
preference shares, and in accordance with article 4 of the articles
of association of Corbion, 2,027,017 financing preference shares
have been converted into ordinary shares which ordinary shares will
be admitted for listing on Euronext Amsterdam. The remaining
252,764 financing preference shares will be transferred to Corbion
at no cost. Corbion will cancel these financing preference shares
before the end of 2017. After this conversion and cancellation,
there will be no more financing preference shares
outstanding.
This press release contains
inside information within the meaning of Article 7(1) of the EU
Market Abuse Regulation.
Background information:
Corbion is the global market leader in lactic acid
and lactic acid derivatives, and a leading company in emulsifiers,
functional enzyme blends, minerals and vitamins. We develop
sustainable solutions to improve the quality of life for people
today and generations to come. For over 100 years, we have been
uncompromising in our commitment to safety, quality and
performance. Drawing on our deep application and product knowledge,
we work side-by-side with customers to make our cutting edge
technologies work for them. Our solutions help differentiate
products in markets such as food, home & personal care,
pharmaceuticals, medical devices and bioplastics. In 2016, Corbion
generated annual sales of € 911.3 million and had a workforce of
1,684 FTE. Corbion is listed on Euronext Amsterdam. For more
information: www.corbion.com
20170626 Press release conversion
ENG
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Corbion via Globenewswire
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