Adjustment to the conversion/exchange ratio
Regulatory News:
NOT FOR DISTRIBUTION IN THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA OR JAPAN.
Inside Secure (Euronext Paris: INSD), at the heart of security solutions for mobile and connected devices, informs the holders of the bonds convertible into new shares and/or exchangeable for existing shares (OCEANE) (ISIN: FR0013265527 issued on June 29, 2017) that the conversion/exchange ratio is adjusted from 1 ordinary share for 1 OCEANE to 1.250 ordinary share for 1 OCEANE from this day.
This adjustment complies with the provisions of the article 14.6 (b) 11 of the Terms and Conditions of the OCEANEs.
About Inside Secure
Inside Secure (Euronext Paris INSD) is at the heart of security solutions for mobile and connected devices, providing software, silicon IP, tools, services, and know-how needed to protect customers' transactions, ID, content, applications, and communications. With its deep security expertise and experience, the company delivers products having advanced and differentiated technical capabilities that span the entire range of security requirement levels to serve the demanding markets of network security, IoT and System-on-Chip security, video content and entertainment, mobile payment and banking, enterprise and telecom. Inside Secure's technology protects solutions for a broad range of customers, including service providers, operators, content distributors, security system integrators, device makers and semiconductor manufacturers. For more information, visit www.insidesecure.com
Disclaimer
This press release and the information contains herein do not, and shall not, in any circumstances, constitute an offer to the public, an offer to subscribe or designed to solicit interest for purposes of an offer to the public in any jurisdiction, including France.
The distribution of this press release in certain countries may constitute a breach of applicable law. Accordingly, persons physically located in those countries, in which this press release is distributed or published, must inform themselves about and comply with such laws or regulations.
View source version on businesswire.com: https://www.businesswire.com/news/home/20181230005003/en/
Contacts:
Press and investor contacts
Inside Secure
Investor relations
Richard Vacher Detournière
General Manager CFO
+33 (0) 4 42 905 905
contactinvestisseurs@insidesecure.com
Inside Secure
Corporate communications
Brigitte Foll
Marcom Director
+33 (0) 4 42 905 905
communication@insidesecure.com
Brunswick
Julien Trosdorf
Jérôme Biscay
+33 (0)1 53 96 83 83
Insidesecure@brunswickgroup.com