GLOBAL ECOPOWER : Free shares allocation to all shareholders : 4 free new shares per 100 shares held
Aix-en-Provence (France), June 22nd, 2015. EcoPower (FR0011289198 - ALGEP), turnkey constructor of power plants using renewable energy sources, confirms the free shares allocation to all shareholders at the rate of 4 new bonus shares for every 100 shares held, and specifies the operation calendar.
During the General Meeting of June 12, 2015, the shareholders have approved the proposal of free shares allocation.
The Board of Directors decided to allocate to the shareholders 4 free new shares per 100 shares held. Based on the current share capital - consisting of 4,707,766 shares - the free allocation of shares would result in the creation of a maximum amount of 188,310 new shares.
The free allocation will therefore concern all shares held at the close of trading of 30 June 2015. Any shareholder who will own shares at that date will thus benefit from this allocation of free shares.
The new shares will be delivered on 3 July 2015. Financial intermediaries will indemnify shareholders in cash for the portion of shares not being a multiple of 100 as of 29 July 2015.
Moreover, the voting results for each resolution are available on the Company website (www.global-ecopower.com), under Investor Relations / General Assembly.
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 NYSE Alternext Paris Market of NYSE Euronext (ISIN code: FR0011289198 - mnemo: ALGEP). GEP is eligible for PEA-PME.
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