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Naturex: converts OCEANEs into shares

(CercleFinance.com) - Naturex announces that following its decision published on 6 December to exercise its right to early redemption of all OCEANE bonds maturing on 30 June 2019, the two bondholders, Bpifrance Investissement and TIKEHAU Capital, have opted for conversion of these bonds into shares.

This conversion relates to 257,143 OCEANEs, creating 266,914 new shares (177,943 shares for Bpifrance Investissement and 88,971 shares for TIKEHAU Capital), bringing their total number to 9,548,741 shares.

“This transaction will contribute to optimising Naturex's financial structure by reducing its financial structure and improving its equity” explains the leader in specialty plant-based natural ingredients.

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