Launch of a share consolidation by Safe

The company Safe (FR001400F1V2 – ALSAF) announced the implementation of a consolidation of its shares at the rate of 3,000 old shares against 1 new share, approved by the extraordinary general meeting of shareholders on July 26, 2024. This operation will begin on August 14, 2024 and will take effect on September 16, 2024, the date on which the new shares will be listed.

The objective of this grouping is to support new stock market dynamics. The total number of old shares is 3,470,261,174, which will be grouped into 1,156,753 new shares. Shareholders will be automatically allocated new shares for each block of 3,000 old shares held.

The shares resulting from the merger will be admitted to trading on Euronext Growth Paris from September 16, 2024. During this period, it will be possible for shareholders to buy or sell shares to avoid fractional shares, until September 13, 2024.

The Board of Directors also decided to suspend the ability to exercise the rights attached to the securities from September 9, 2024 until September 18, 2024, as part of this share consolidation.