SPAC: Distribution of warrants
The Board of Socit Parisienne d'Apports de Capital (formerly FPN), ("SPAC"), has approved the principle of distribution of company share purchase warrants (later referred to as "warrants") it owns to all the shareholders of the company.
- The Board of Socit Parisienne d'Apports de Capital (formerly FPN), ("SPAC"), has approved the principle of distribution of company share purchase warrants (later referred to as "warrants") it owns to all the shareholders of the company.
- The warrants have a 04/12/2023 maturity, with one warrant entitling each shareholder to acquire two shares for a 0.05 EUR payment.
- Given the number of shares and warrants in circulation, 70,000 warrants will be transferred in the company book of warrants in the name of each shareholder that will ask for it and that can demonstrate the ownership of at least 100,000 shares by 01/11/2021.
- The remaining 20,765,662 company share purchase warrants will be held by the company for future use.