on ROCTOOL (EPA:ALROC)
Roctool announces the issuance of new shares for the early redemption of ORNAN 2021
On February 21, 2024, Roctool, an innovative company specializing in heating and cooling technologies for the plastics and composites industry, officially announced the issuance of 1,049,290 new shares. This measure aims at the early redemption of all ORNAN 2021. The company's Board of Directors approved this operation on February 20, 2024.
The settlement of the New Shares is scheduled for February 23, 2024, on which date they will also be admitted to trading on Euronext Growth. Following this issuance, Roctool's share capital now stands at 6,731,186 shares. This initiative reflects the company's proactive strategy in managing its finance and demonstrates its ability to optimize its financial structure.
Roctool is known for its innovative production processes, used in various industrial sectors such as automotive, electronics, and luxury. Through this financial maneuver, the company shows its strength and commitment to sustained growth.
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