Public disclosure of inside information according to article 17 MAR
NAVSTONE SE: Increase in nominal capital from EUR 0.20 to EUR 1.00 per share and corresponding reverse stock split at a ratio of 5:1
Eindhoven (pta042/20.03.2025/17:50 UTC+1)
The Management Board and Supervisory Board today resolved to propose to the next Shareholder Meeting that the nominal capital of NAVSTONE SE be increased from the current EUR 0.20 per share to EUR 1.00 per share. This would reduce the number of shares in the company from the current 6,555,455 shares to 1,311,091 shares as a result of the reverse stock split at a ratio of 5:1. The consolidation of shares may result in fractions, which will be settled in cash. The reverse stock split is intended to make the company's shares more attractive to a broader group of investors. The reverse stock split has no effect on the value of the company or on the value of the shares held by the shareholders.
NAVSTONE SE
Investor Relations
t.: +49 89-30659216
contact@navstone.eu
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Emitter: |
NAVSTONE SE Schimmelt 00002 5611 ZX Eindhoven Netherlands |
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Contact Person: | Michael Hasenstab | |
Phone: | +49 89 30659216 | |
E-Mail: | contact@navstone.eu | |
Website: | navstone.eu | |
ISIN(s): | NL0009538008 (Share) | |
Stock Exchange(s): | Free Market in Munich (m:access), Stuttgart |