TFF Group, n°1 in the world of livestock products to wines and spirits, considering the division by four of the nominal value of its title. As a result, each existing share with a nominal value of 1,60 , would be exchanged for four new shares with a nominal value of 0.40.
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The number of shares composing the share capital would thus be multiplied by 4 and increased to 21 680 000.
Introduced at the Paris Bourse in January 1999 to 17 per share, the title TFF Group has more than quadrupled over the past 5 years, reaching a high of 144 .
This operation has the objective to enhance the liquidity of shares listed on Eurolist B and make it more accessible to new shareholders. Carried out without fees or formalities, it will have no impact on their tax situation or their rights.
This project is the subject of a resolution which will be proposed to the mixed General Meeting of shareholders convened on June 29, during which will also be proposed to raise the threshold of intervention of the program of repurchase of shares.
The management Board, in charge of the implementation of this project of division of the nominal value, will decide the timing of this decision will be effective, at the latest before the agm approving the accounts for 2018
Documents relating to the combined General Meeting of 29 June 2017 are available on the website
The Group will publish its annual results 2016/2017 July 4, 2017 after market
EURONEXT PARIS – Compartment B – FR0000071904 – Bloomberg TFF.FP – Reuters TEFE.PA
TFF LISTED EURONEXT ELIGIBLE PEA PME
www.tff-group.com
ABOUT TFF GROUP
TFF Group, founded in 1910, has become the n°1 in the world of livestock products to wine and liquor. TFF GROUP, the leading actor on the entire value chain of the business of livestock production, already the world leader on the market of the cooperage Wine and Whiskey, is set to become one of the major players on the market of the Bourbon, the new growth accelerator.
TFF Group, partner of the largest wine houses and spirits of the world, makes 85% of its international activities, with a commercial presence in more than 80 countries producers.
TFF Group shows a growth of the order of 80 % over the last 5 years and helps to radiate throughout the world, the art of French living through a know-how of excellence of Made in France.
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