Elis announced that holders of 3,767 of its 3,800 outstanding 2029 OCEANEs validly exercised conversion or exchange rights, representing 99.13% of the €380,000,000 2.25% convertible bond issue due September 22, 2029. The exercised bonds, each with a par value of €100,000, carry an aggregate nominal amount of €376,700,000 and will be settled at a conversion ratio of 6,256.8564 Elis shares per bond. That will deliver a total of 23,569,556 Elis shares, comprising 18,104,556 existing treasury shares and 5,465,000 new shares, equal to 9.89% of Elis's share capital after the new issuance. Elis said its share capital now stands at EUR 238,313,588, made up of 238,313,588 ordinary shares with a nominal value of EUR 1.00 each, with settlement and delivery completed on October 7, 2026. The remaining 33 bonds whose rights were not validly exercised will be redeemed in cash on October 13, 2026 at €100,129.45 per bond, including €129.45 of accrued interest, for an aggregate redemption amount of €3,304,271.85.
Elis SA99.13% of 2029 OCEANEs converted, issuing 23.6M shares (9.89% of capital) and redeeming the rest in cash
Central Holding Group Co Ltd