2024/11/07
Bonus share issue 2024
The Annual General Meeting, held last April, approved to execute a free share capital increase in a proportion of one new share for every twenty existing shares to be freely allocated between all shareholders. All outstanding company shares, without distinction, will be fully granted for this bonus issue.
Following the established process, each shareholder will initially receive a free-of-charge subscription rights allocation for every Vidrala share held on November 11. These rights will be listed within the subscription period of 14 calendar days, between November 12 and 25, both included. During this subscription period, shareholders will have the option to choose between:
a) selling all or part of their rights on the Stock Exchange monetizing in cash the bonus share issue;
b) preserving their stake maintaining their rights; or
c) increase their stake buying new rights.
Once this period is ended, the free-of-charge rights owned by the Holders will be converted into new shares in the proportion of 1 new share for every 20 rights.
Updated information about this bonus share issue will be accessible at the website of the company, www.vidrala.com. Additionally, Vidrala shareholders’ office is available for all interested parties.