Capital Increase Through the Creation of New Shares for the Benefit of the Beneficiaries of the Elior Group 2020 Free Share Plans

Rhea-AI Summary

Elior Group announced the issuance of 269,278 new shares, which represents 0.16% of its total share capital, following the completion of the 2020 free share plans. This increases the company's share capital from €1,724,442.29 to €1,727,135.07, divided into 172,713,507 shares. The decision was authorized by the Board of Directors on March 20, 2020, and aligned with the Combined General Meeting's resolution from March 22, 2019. Elior Group, a leader in contract catering and support services, generated €4.45 billion in revenue for fiscal 2021-2022 and operates over 20,250 restaurants globally.

Positive

• Issuance of 269,278 new shares indicating completion of the 2020 free share plans.
• Increase in share capital to €1,727,135.07, reflecting growth.

Negative

• None.

PARIS--(BUSINESS WIRE)-- Regulatory News:

At the end of the vesting period of the Elior Group 2020 free share plans, Elior Group (Paris:ELIOR) announces that it has issued this day 269,278 new shares (representing 0.16% of its share capital) to beneficiaries fulfilling the presence condition provided for by the plans, thus increasing its share capital from €1,724,442.29 divided into 172,444,229 shares to €1,727,135.07 divided into 172,713,507 shares.

This decision was taken by the Chairman and Chief Executive Officer, in accordance with the decisions of the Board of Directors of Elior Group on March 20, 2020 and the authorization given by the Combined General Meeting of March 22, 2019 under its 21^st resolution.

Article 6 of the Company's bylaws relating to the share capital will be updated accordingly.

A description of the Elior Group 2020 free share plans is set out on pages 199 and 200 of Elior Group's 2021/2022 universal registration document available on its website.

About Elior Group

Founded in 1991, Elior Group has grown into one of the world's leading operators in contract catering and support services and has become a benchmark player in the business & industry, education, health & welfare, and leisure markets. With strong positions in 5 key countries, the Group generated €4.45 billion in revenue in fiscal 2021-2022. Our 97,000 employees feed over 3 million people on a daily basis in 20,250 restaurants on three continents and offer services at 2,400 sites in France. Innovation and social responsibility are at the core of our business model. Elior Group has been a member of the United Nations Global Compact since 2004, reaching the GC Advanced Level in 2015.

For further information please visit our website http://www.eliorgroup.com or follow us on Twitter at: @Elior_Group

View source version on businesswire.com: https://www.businesswire.com/news/home/20230320005478/en/

Elior Group

Source: Elior Group

FAQ

What is Elior Group's recent share capital increase?

Elior Group's share capital increased to €1,727,135.07 after issuing 269,278 new shares.

When did Elior Group issue new shares?

Elior Group issued new shares on a date following the end of the 2020 free share plans.

How much revenue did Elior Group generate in fiscal 2021-2022?

Elior Group generated €4.45 billion in revenue for fiscal 2021-2022.

What percentage of Elior Group's share capital is represented by the new shares?

The new shares represent 0.16% of Elior Group's share capital.

What conditions were met for the issuance of new shares by Elior Group?

The new shares were issued to beneficiaries who fulfilled the presence condition outlined in the free share plans.