This press release constitutes regulated information under the terms of the Royal Decree of 14 November 2007, as applicable under the terms of the Royal Decree of 21 August 2008.
Rentabiliweb Group (Alternext: ALBIL) today announced that it is publishing a notice of meeting for the Extraordinary General Meeting (EGM) to be held on 25 January 2010 at 9:30 a.m. at 1170 Brussels, 117/6 Chaussée de la Hulpe (ground floor). Shareholders, who can attend the EGM in person or by power of attorney, will be able to vote on a capital increase and the issuing of new shares for a maximum amount of € 10 million.
It has been proposed that the Board of Directors be given a mandate to set the terms and conditions for the offering of the new shares. The date and launching of this offering are to be determined based on market conditions and will be subject to prior authorization of an offering circular by the competent authorities. This offering is planned to take place at the same time as an offer for some current shareholders to sell off shares in order to significantly increase the liquidity of the shares. In this regard, this operation is planned to coincide with the admission of the shares for listing on the Euronext Brussels and Euronext Paris markets and the delisting of the shares from the Alternext markets.
You will find further information on the decisions to be submitted to shareholders for voting during the EGM at the Group website www.rentabiliweb.org. The number of shares and voting rights that may be exercised at the EGM equals the total number of Rentabiliweb’s existing 15,778,616 ordinary shares.
