Hold the Presses is your online newsportal en brings press releases from around the world. Journalists can use it for free, although it is their responsibilty to check the news. Hold the Presses is in no way responsible for the content of the press releases, the Sender is. We hope you enjoy reading the news we bring you on this website. If a message is published that is not acceptable, we apologize. Please contact us and we will remove the message as soon as possible.

Thursday, 18 May 2017



Published: 18:35 CEST 18-05-2017 /GlobeNewswire /Source: RUBIS / : RUI /ISIN: FR0000121253

This document is a translation of the original French document and is provided for information purposes only.
The original French version takes precedence over this translation



Paris, May 18, 2017 at 6:35 pm


Press release regarding ongoing information




Rubis had announced, on February 1, 2017, a capital increase reserved for eligible employees of the companies belonging to the Corporate Savings Plan, Rubis Avenir. Rubis announced on February 1 2017, a capital increase reserved for eligible employees of the companies belonging to the Corporate Savings Plan, Rubis Avenir. The maximum nominal amount authorized by the shareholders at the June 5th, 2015 meeting was €700,000 (280,000 Rubis shares), from which was deducted the amount of €161,610 (64 644 Rubis shares) used for the capital increase reserved for the Group's employees of 2016.

Therefore, the 2017 capital increase was limited to a maximal nominal value of €538,390 equivalent to 215,356 Rubis shares.     


The subscription price had been set at €61.40, which, pursuant to Article L 3332-19 of the French Labor Code, represents 80% of the average of the opening rates quoted during the 20 trading days preceding the decision of the Board of Management of January 2, 2017.


The subscription period was extended from March 20 to April 7, 2017.


The funds invested into Rubis shares through FCPE Rubis Avenir will be available at the end of a 5-year lock-up period, except in the case of an early release.


At the end of the subscription, Rubis confirmed that 614 employees, or 68.76% of the eligible employees, thus subscribed to the capital increase, in the amount of €5,462,942.20. 


88,973 new shares (or 0.19% of outstanding shares) were issued on May 17, 2017.


The new shares are eligible for dividends as of January 1, 2017 and are considered to be of the same rank as existing shares. Their acceptance for trading on the Euronext Paris market was requested as from their issuance, on a second listing line, in comparison with the existing shares.


At the end of this transaction, the share capital of Rubis was brought up to €114,044,390, divided into 45,617,756 shares, with a nominal value of €2.50.




This press release constitutes the regulated information required pursuant to articles 212-4 5° and 212-5 6° of the AMF General Regulation and article 14 of instruction 2005-11 of December 13, 2005, issued as a press release in accordance with the Article 221-3 of the AMF General Regulation.





This announcement is distributed by Nasdaq Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of NASDAQ OMX Corporate Solutions clients. Source: RUBIS, 105, avenue Raymond Poincaré, PARIS FR-75116, France
If you would like to unsubscribe and stop receiving these e-mails click here.