Kinepolis Group NV's Board of Directors decided on 21 March 2014 to call an Extraordinary General Shareholders' meeting (convening notice to be published) on 16 May 2014 to decide on a share split. Every ordinary share would be split into five shares.
The aim of the split is to increase the marketability of its shares without diluting the shareholder's position. This transaction also increases the liquidity and accessibility of the share for private investors.
Following the approval of the share split, Kinepolis Group NV's capital will be represented by 27,913,270 shares, and the new split shares can be traded from 1 July 2014 (Regulated market of Euronext Brussels).
Capital Kinepolis Group on the 21st of March 2014
Total capital Kinepolis Group NV: 18,952,288.41 EUR
Number of securities with voting rights in Kinepolis Group NV: 5,582,654
Number of voting rights in Kinepolis Group NV: 5,582,654
Share categories in Kinepolis Group NV: none
Number of bonds convertible into securities with voting rights in Kinepolis Group NV: none
Number of rights to acquire non-issued securities with voting rights: none
Number of voting rights to be acquired by exercising conversion or subscription rights: none
In Article 8 of the Articles of Association of the Kinepolis Group NV, the notification thresholds were fixed at 3%, 5% and multiples of 5%.