October 31, 2021
Press release - Regulated information
Publication in accordance with article 15 of the Law of May 2, 2007 on disclosure of major holdings
La Hulpe, Belgium – October 31, 2021, 10.00 a.m. - On October 29, 2021, Unifiedpost Group SA (symbol Euronext Brussels: UPG) has created a warrant plan.
The Company has issued 500,000 subscription rights (“Stock Option Warrants”), allowing each to subscribe to one new ordinary share, and, subject to the condition precedent of the grant, acceptance and exercise of subscription rights and has increased the capital up to a maximum sum equivalent to the multiplication of the number of “Stock Option Warrants” subscription rights exercised by the exercise price of the “Stock Option Warrants” subscription rights, and this by the issuance of a maximum of 500,000 new shares.
The beneficiaries of the subscription rights are members of the personnel of the Company within the meaning of article 1:27 of the Companies and Associations Code.
Thereafter, the Company has issued 13,970 new shares following the exercise of the following subscription rights:
(i) 1,334 subscription rights « ESOP (2015) » at 18.37 EUR;
(ii) 63 subscription rights « Investment » at 100.00 EUR.
After the forementioned issuances of the new shares, the share capital of the Company increases to EUR 309,219,448.52 represented by 33,463,569 shares without mention of nominal value. Each of these shares gives one voting right at the general meeting of shareholders and, together, represent the denominator for the purposes of notifications under the transparency regulations.
Additionally, a total of 155,896 subscription rights are still outstanding. These subscription rights comprise 100,000 “Key Man” subscription rights, 35,250 “ESOP (2015)” subscription rights, of which 1,000 have not been allocated, and 20,646 “Investment” subscription rights. Each subscription right entitles its holder to 10 ordinary shares of the Company upon exercise. In the event of a conversion of the outstanding subscription rights, the transaction would result in the creation of a maximum of 1,586,900 shares with the same number of voting rights.
This information, as well as the shareholder structure, can be consulted on the website of the Company: www.unifiedpost.com/en/investor-relations/shareholder-information.
Investor Relations & Media
+32 (0)491 15 05 09
About Unifiedpost Group
Unifiedpost is a leading cloud-based platform for SME business services built on “Documents”, “Identity” and “Payments”. Unifiedpost operates and develops a 100% cloud-based platform for administrative and financial services that allows real-time and seamless connections between Unifiedpost’s customers, their suppliers, their customers, and other parties along the financial value chain. With its one-stop-shop solutions, Unifiedpost’s mission is to make administrative and financial processes simple and smart for its customers. Since its founding in 2001, Unifiedpost has grown significantly, expanding to offices in 30 countries, with more than 400 million documents processed in 2020, reaching over 980,000 SMEs and more than 2,500 Corporates across its platform today.
Noteworthy facts and figures:
- Established in 2001, with a proven track record
- 2020 pro forma turnover € 146 million
- 1300+ employees
- 400+ million documents processed in 2020
- Diverse portfolio of clients across a wide variety of industries (banking, leasing, utilities, media, telecommunications, travel, social security service providers, public organisations, etc.) ranging from large internationals to SMEs
- Unifiedpost Payments, a fully owned subsidiary, is recognised as a payment institution by the National Bank of Belgium
- Certified Swift partner
- International M&A track record
- Listed on the regulated market of Euronext Brussels, symbol: UPG
(*) Warning about future statements: The statements contained herein may contain forecasts, future expectations, opinions and other future-oriented statements concerning the expected further performance of Unifiedpost on the markets in which it is active. Such future-oriented statements are based on the current insights and assumptions of management concerning future events. They naturally include known and unknown risks, uncertainties and other factors, which seem justified at the time that the statements are made but may possibly turn out to be inaccurate. The actual results, performance or events may differ essentially from the results, performance or events which are expressed or implied in such future-oriented statements. Except where required by the applicable legislation, Unifiedpost shall assume no obligation to update, elucidate or improve future-oriented statements in this press release in the light of new information, future events or other elements and shall not be held liable on that account. The reader is warned not to rely unduly on future-oriented statements.