on ADOMOS (EPA:ALADO)
Share consolidation and capital reduction at Adomos
Adomos has announced a reverse stock split, effective February 6, 2025, through an exchange of 5,000 existing shares for one new share. This decision aims to reduce stock market volatility and stabilize the share price. The reverse stock split is accompanied by a capital reduction due to losses, decreasing the nominal value per share from €1 to €0.20.
The suspension period for the exercise of securities begins on December 26, 2024 and ends on February 11, 2025. The number of shares resulting from this reverse stock split is estimated at 207,506. Shareholders should adjust their portfolios by February 6 to avoid non-convertible fractional shares.
This consolidation, although it does not affect the total value of the shareholders' portfolio, results in a technical reduction in the number of shares. The fractional shares will be compensated by April 6, 2025.
R. E.
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