DJ SPAC: Distribution of warrants
SPAC SPAC: Distribution of warrants 12-Nov-2021 / 17:45 CET/CEST Dissemination of a French Regulatory News, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.
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Paris, 27/10/2021
Distribution of warrants
The Board of Société 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. SPAC (FPN) holds on its books 170,765,662 warrants. The warrants have a 04/12/2023 maturity, with one warrant entitling each shareholder to acquire two shares for a 0.05 EUR payment. The board made the decision to distribute up to 150,000,000 warrants (so potentially up to 300,000,000 new shares corresponding to a capital increase of 7.5M EUR) in order to recognize the patience and fidelity of its shareholder base. The board also decided to rename its business and will focus on real estate acquisition under the leadership of its board members. 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. Each shareholder will need to contact the company in writing at the following address contact@spacparis.biz . The remaining 20,765,662 company share purchase warrants will be held by the company for future use.
The total number of shares after done or in process conversions of the ORA as of today will be 201,254,691 and only 36,090,135 of ORA will remain outstanding for conversion as of today. The board of SPAC will announce its first investment before the end of the year.
As of today the list of shareholders known to the company is as follows:
OTT Holdings 34,326,914 17.06% Bernard Gauthier 20,000,000 9.94% ABO 30,000,000 14.91% KENNIE CAPITAL 20,000,000 9.94% FIPP 34,326,914 17.06% Advenis 2,500,000 1.24% Europe Offering 5,350,000 2.66% Paul Wolfenden 1,000,000 0.50% Public 53,750,863 26.71% Total 201,254,691 100.00%
List of ORA outstanding
OTT Holdings 15,374,286 OTT Partners 10,715,849 Xavier Urbain 10,000,000 Total 36,090,135
Contact:
SPAC Investor Relations
contact@spacparis.biz
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Regulatory filing PDF file File: SPAC WARRANTS 27 OCT
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Language: English
Company: SPAC
15 rue de la Banque
75002 PARIS
France
Internet: https://www.spac.fr/
ISIN: FR0011277391
Euronext Ticker: FPN
AMF Category: Inside information / Other releases
EQS News ID: 1248803
End of Announcement EQS News Service
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1248803 12-Nov-2021 CET/CEST
Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1248803&application_name=news
(END) Dow Jones Newswires
November 12, 2021 11:45 ET (16:45 GMT)
