AKKA FINALIZES ITS RESERVED CAPITAL INCREASE OF 200M€

Brussels, 30 December 2020 – AKKA announces that the Board of Directors meeting today approved the completion of the capital increase for a gross amount of 200,000,002.50 euros, including issue premium. This capital increase was subscribed for €150M by Swilux S.A., an investment company wholly owned and controlled by Compagnie Nationale à Portefeuille (CNP), and for €50M by the Ricci family group, at a subscription price of €22.50 per share, issue premium included.

Following this transaction, Compagnie Nationale à Portefeuille holds 6,666,667 AKKA Technologies shares and the same number of voting rights, i.e. 21.4% of the capital and 17.0% of the voting rights. The Ricci family group holds 12,139,490 shares, i.e. 38.9% of the capital and 20,066,977 voting rights, i.e. 51.3% of the voting rights. The Ricci family group includes certain members of the Ricci family (including their management companies): Mauro Ricci, Jean-Franck Ricci, Cécile Monnot, Benjamin Ricci, Charlotte Ricci, Nicolas Valtille (including his management company) and Nathalie Buhnemann (including her management company).

These shares of the same class as the Company’s existing shares carry dividend rights and the rights attached to these new shares are identical to those attached to the Company’s existing shares.

These new shares will be admitted to trading on Euronext Paris and Brussels on the same line as the existing AKKA TECHNOLOGIES shares (ISIN code FR0004180537) only after publication of a prospectus, approved by the Autorité des Services et Marchés Financiers (FSMA), and published within 90 days.

In addition, Guy Lacroix has resigned as a director of AKKA Technologies and Xavier Le Clef, CEO of CNP S.A. has been co-opted by the Board of Directors as a director of AKKA for the remainder of Guy Lacroix’s term of office, i.e. until the Annual General Meeting to be held in 2021.

WARNING 

This press release, and the information contained herein, does not constitute, and shall not be deemed to constitute, an offer to the public to sell or subscribe, or the solicitation of an order to buy or subscribe, shares of AKKA Technologies SE in any country and is not intended to solicit the public interest in a public offering. The distribution of this press release may, in certain countries, be subject to specific regulations. Consequently, persons in such jurisdictions into which this press release is released, published or distributed must inform themselves and comply with such laws and regulations.