03 September 2015
Sophia Antipolis, France.
Nicox S.A. (Euronext Paris: FR0000074130, COX) has convened an Extraordinary Shareholder Meeting on Tuesday October 13, 2015 at 2:00 pm CET, at the Hotel Sophia Country Club – 3550 Route des Dolines, 06410 Biot (Sophia Antipolis), France.
The first resolution submitted to the vote of the shareholders is a delegation of powers to the Board of Directors to carry out a reverse stock split with a 5 to 1 ratio1. Details of the procedure will be communicated on the Company’s website (www.nicox.com) when the Board of Directors decides to proceed with the reverse stock split, if it is approved by the General Meeting. Shareholders may contact the Company’s Investor Relations team at email@example.com for any question on the reverse stock split or the voting process.
The second and third resolutions submitted to the vote of the shareholders would replace resolutions voted by the June 3, 2015 shareholder’s meeting. The second resolution concerns a revised free share authorization in the context of a revision of French regulations by the Loi Macron in August 2015.
The documents mentioned in articles L.225-115, R. 225-81 and R. 225-83 of the French Code de commerce, including a proxy voting form, will be sent to shareholders upon written request. These documents will also be made available to shareholders at the headquarters and on the website of the Company by September 22, 2015. The text from the notice of convening, which is expected to be published in the Bulletin des annonces légales obligatoires (BALO) today, is available on the Company’s website (in French).
Shareholders may vote by proxy, by internet or by attending the shareholder meeting in person. A guide explaining how to vote, and notably how to vote by internet, will be posted on Nicox’s website by September 22, 2015.
In the event the quorum is not reached on the first call, Nicox will convene a shareholder meeting on a second call on Wednesday October 28, 2015 at 2:00 pm CET at the Hotel Sophia Country Club, 3550 Route des Dolines, 06410 Biot (Sophia Antipolis), France.
1 A reverse stock split is a purely arithmetical operation which does not concern the stock value. This operation aims at dividing the number of shares in circulation by five, whilst the par value is multiplied by five. For instance, a shareholder holding 50 existing Nicox shares before the reverse stock split will hold 10 new Nicox shares after the reverse stock split.