Algreen SA WKN: A3EJGW ISIN: FR001400IV58 Kürzel: ALAVE Forum: Aktien User: Ökologie
Paris, France – 30.08.2024 – AVENTADOR (formerly ALGREEN) (Euronext Growth Paris, Ticker : ALGRE- ISIN: FR001400IV58), a holding company, informs its shareholders and the market of the resolution adopted at its Shareholders' Meeting on August 27, 2024, concerning a reduction in the company's share capital. This decision, driven by the need to offset recorded losses, is part of a rigorous financial management strategy. The General Meeting, after reviewing the detailed report from the Board of Directors and the special report from the Statutory Auditor, decided to reduce the share capital by a nominal amount of €25,702,502.59. The reduction in capital will be executed by decreasing the nominal value of each share, resulting in a reduction of the share capital from €25,825,481.07 to €122,978.48. Following this operation, the share capital will now consist of 1,229,784,803 shares, each with a nominal value of €0.0001. This measure aims to clear losses while preserving the company's financial structure to strengthen its solidity and resilience in the market. Aventador's strategy, which focuses on creating value for its shareholders in the coming months and years, remains unchanged as announced in previous press releases.
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