21.03.2016 08:40:00
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Plastic Omnium: Share Capital Reduction of 0.72% Through the Cancellation of Treasury Stock
Regulatory News:
Pursuant to the authorization given by the Shareholders meeting of April 30th 2014, the Board of Directors of Compagnie Plastic Omnium (Paris:POM), in a meeting held on February 24th 2016, decided to proceed to the cancellation of 1,100,000 treasury shares, representing 0.72% of the share capital of the company.
This cancellation of treasury stock takes effect as of March 21th 2016.
As a result of this operation, the share capital of Compagnie Plastic Omnium is reduced to €9,148,603.2 divided into 152,476,720 ordinary shares with a par value of € 0.06 each.
The holding company Burelle SA increases its control from 56.6% to 57.01%.
Plastic Omnium is the world leader of automotive body parts and modules, as well as the world leader of waste collection containers for local governments and for businesses. The Group and its joint ventures have 26,000 employees working in 120 plants and 21 R&D centres in 30 countries worldwide. Plastic Omnium is listed on Euronext Paris, Compartment A, is part of the Paris Bourse's monthly settlement facility (SRD) and of the SBF 120 and CAC Mid 60 indexes (ISIN code: FR0000124570).
View source version on businesswire.com: http://www.businesswire.com/news/home/20160321005074/en/
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