BIO-UV Group welcomes new shareholders to its capital
- Trade of Naxicap Partners holding representing c. 19.1% of the capital -
BIO-UV Group (ISIN code: FR0013345493/Ticker: ALTUV), a specialist in UV water
treatment systems, was informed of the trade on the market of the block of
shares representing all the shares held by Naxicap Partners, one of its
historical financial shareholders.
Covering c. 19.1% of the capital, the trade of the shares was carried out with
French institutional investors. The funds selling the shares are mutual
investment funds that have reached maturity and therefore had a regulatory
obligation to exit from their investments.
This operation makes it possible to renew the shareholder base by increasing
the free float and by providing additional liquidity to the share.
Benoit Gillmann, Founder and Chief Executive Officer of BIO-UV Group said: "I
sincerely thank Naxicap Partners for their trust in accompanying us since 2010
in our development, allowing us to have the means to take positions in ballasts
and seize every opportunity"
Compared to the calendar initially fixed, the company decided to advance its
next financial communication events on the following dates:
- H1 revenue and backlog out: July 23, after market close
- H1 results out: September 23, after market close
About BIO-UV GROUP
Created in 2000, BIO-UV Group designs, manufactures and markets innovative
ultraviolet water treatment systems. The range of equipment developed by the
Group is aimed at several markets:
- The recreation market, on which BIO-UV Group is no. 1 in France and in Europe
for UV water treatment in residential swimming pools, and for the public and
semi-public community pool dechlorination market;
- The municipal and industrial markets, on which specific ranges have been
developed for applications such as: purification, effluent treatment,
wastewater reuse, process waters, aquaculture, etc.;
- The ballast water treatment market, which has benefited since 2017 from a new
international regulation requiring all ships to have equipment to treat their
BIO-UV Group has been granted the "Innovative Company" label by Bpifrance and
is eligible for the French "PEA-PME" investment scheme.
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