Aix-en-Provence (France), July 9, 2015. Global EcoPower (Alternext - FR0011289198 - ALGEP), constructor of power plants using renewable energy sources, announces the result of the operation of free share allocation to all shareholders at the rate of 4 new free shares for every 100 shares held.
At its meeting of July 3, 2015, the Board of Directors noted the creation and delivery of 188,310 free shares allocated to all shareholders at the rate of 4 new shares for every 100 existing shares, as approved by the combined General Meeting of June 12, 2015.
It is specified that due to the exercise of 20,000 warrants on June 19, 2015 and in accordance with the warrants issue contract, the new shares resulting from the exercise were eligible for this allocation, as well as for the one decided on May 26, 2014, at the rate of 8 new shares for every 100 existing shares.
The Board of Directors therefore noted the creation of 189,174 new shares.
At July 3, 2015, the share capital of GEP amounts to € 1,623,118.20, divided into 4,918,540 shares.
The new shares have been delivered since July 3, 2015. The intermediaries will indemnify shareholders in cash for the portion of shares not being a multiple of 100 as of 29 July 2015.
About Global EcoPower (GEP)
Global EcoPower, Aix-en-Provence based company, a “turnkey” constructor of power plants using renewable energies, wind and solar power. GEP is listed on the Alternext Paris Market of Euronext (ISIN code: FR0011289198 - mnemo: ALGEP). GEP is eligible for PEA-PME.
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