VusionGroup: capital transactions
(CercleFinance.com) - VusionGroup announces that SESIM, a holding company with a 12% stake in its capital and majority-owned by management and employees, has carried out a bank financing operation, combined with a reclassification of SESIM shares between certain shareholders and SESIM.
The digital retail solutions group explains that the E20m bank loan enabled SESIM to buy back its own shares from certain sellers, which were then cancelled.
The reclassification operations enabled 19 existing SESIM shareholders to sell part of their shares, and 32 existing and new shareholders (all VusionGroup managers, employees or directors) to invest or increase their stake in SESIM.
Following the transaction, SESIM retains 12% of the Group's capital and voting rights, but the shareholding in SESIM held by some of SESIM's main shareholders who are also managers or directors of VusionGroup has increased.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
The digital retail solutions group explains that the E20m bank loan enabled SESIM to buy back its own shares from certain sellers, which were then cancelled.
The reclassification operations enabled 19 existing SESIM shareholders to sell part of their shares, and 32 existing and new shareholders (all VusionGroup managers, employees or directors) to invest or increase their stake in SESIM.
Following the transaction, SESIM retains 12% of the Group's capital and voting rights, but the shareholding in SESIM held by some of SESIM's main shareholders who are also managers or directors of VusionGroup has increased.
Copyright (c) 2024 CercleFinance.com. All rights reserved.