French Vicat to raise capital via bonus issue

French Vicat to raise capital via bonus issue
Published: 01 June 2006

Vicat plans to increase its capital by Euro 124.7m to Euro 187.1m through a bonus issue financed from its reserve funds, it was reported on May 31, 2006. The decision is subject to approval by the general shareholders’ meeting on June 2, 2006.

Vicat will issue 31,180,800 new shares at a par value of 4.0 euro each and will offer its existing shareholders two new shares for every one held. Trading in new shares will begin on September 1, 2006.