(Tiper Stock Exchange) – EEMS extensiona company listed on the Euronext Milan market and active in the energy market, announces that today they have been issued 2,000,000 new ordinary shareslisted on the Euronext Milan market, in favor of Negma Group Investmentoriginating from
conversion of 5 Bonds issued on 11 April 2023 in the context of the third tranche of the convertible bond loan into EEMS listed shares reserved for Negma approved by the Extraordinary Shareholders’ Meeting on 24 October 2022.
The number of shares to be converted corresponds to the result of the division between the nominal value of each Bond and the conversion price determined in accordance with the Investment Agreement and the Negma POC Regulations and equal to 93% of the lowest weighted average daily price for the volumes traded of EEMS shares during the twelve open market days preceding the date of the request for conversion of the Bonds, which turned out to be equal to 0.025 euros.
As a result of the above, the Company’s share capital will be equal to Euro 2,064,966, divided into 525,746,194 listed ordinary shares.