Amoeba: Amoba pronounces the issuance of the 12 tranche of convertible bonds into shares


AMOEBA pronounces the issuance of the twelfth tranche of 26 bonds convertible into shares as a part of its bond financing with incentive program with Good & Inexperienced.

Chassieu (France), March 4, 2021 5:45 p.m. – AMOEBA (FR0011051598 ALMIB), producer of a organic biocide able to eliminating the bacterial danger in water and human damage, and of a biocontrol product for plant safety, nonetheless within the testing section, pronounces the difficulty of the twelfth tranche of bonds convertible into shares (“OCA”) of its financing obligation with incentive program, i.e. 26 OCAs numbered from 287 to 312 absolutely issued to Good & Inexperienced SA

This subject is a part of the difficulty settlement concluded with Good & Inexperienced SA on December 17, 2019 and of modification no. 1 of the stated settlement concluded on March 9, 2020, with a view to organising bond financing with a profit-sharing program by the issuance of 312 OCAs with a nominal worth of 20,000 euros every, representing a complete nominal quantity of the issuance bond of EUR 6,240,000 (the “issuance settlement”)a.

The prospectus regarding this transaction was authorized by the AMF (visa n ° 20-011) on January 16, 2020 (the “Prospectus”).

The shareholders’ the final assembly of March 13, 2020 (the “normal assembly”) voted in favor of the implementation of this financing by delegating its authority to the board of administrators to determine on the difficulty of OCAs with elimination of preferential rights shareholder subscription in favor of Good & Inexperienced SA

The Chairman and Chief Govt Officer of the Firm, making use of the sub-delegation granted to him by the Board of Administrators at its assembly of March 13, 2020, has determined, in accordance with the introduced issuance schedule (see press launch of press of March 9, 2020), to be issued on March 4, 2021, 26 OCAs numbered from 287 to 312 in favor of Good & Inexperienced SA equivalent to the twelfth tranche of the bond financing.

As offered for within the issuance settlement, these OCAs have been absolutely subscribed at a value equal to 96% of their nominal worth, ie a twelfth tranche of OCA for a complete web quantity of 499,200 euros.

As a reminder, the Firm maintains a desk on its web site for monitoring OCAs and the variety of Amoéba shares in circulation (see Traders part / Regulatory data and monetary paperwork / Different data).

As of March 4, 2021, 3,181,656 new shares had been created by conversion of bonds numbered 1 to 286, bringing the whole variety of shares in circulation to 17,055,460 shares.

As a sign, the theoretical affect of the issuance of this twelfth tranche of OCA is offered within the tables beneath in accordance with the OCA conversion formulation described within the Prospectus and on the idea of 92% of the weighted common value. in lowest quantity of the Amoéba share at closing (as

a See the press releases of December 17, 2019 and March 9, 2020

printed by Bloomberg) over the six (6) buying and selling days instantly previous March 4, 2021, i.e. 2.3846 euros.

– Affect of the difficulty on the share of fairness per share (calculation based mostly on Amoéba’s fairness as of June 30, 2020, established in accordance with worldwide monetary reporting requirements (IFRS) adjusted for capital will increase carried out till March 4, 2021, i.e. € 6,668,564 and the variety of shares making up the Firm’s share capital as of March 4, 2021, i.e. 17,055,460):

Share of fairness at June 30, 2020 (in euros) *

Undiluted foundation

Diluted foundation **

Earlier than subject of tranche 12

6 668 564

6,672,564

After issuance of 237,028 new shares ensuing from the conversion of 26 OCA

7,167,764

7,171,764

quantity of shareholders’ fairness at June 30, 2020 established in accordance with worldwide monetary requirements IFRS and adjusted for capital will increase carried out till March 4, 2021

  • (**) supposing:

  • the total train of firm creator share subscription warrants and share subscription warrants issued and allotted by Amoéba, exercisable or not, giving the precise to subscribe to 200,000 new shares

the definitive allocation of conditional rights to obtain 280,000 free shares completely topic to the situation of uninterrupted presence.

– Affect of the difficulty on the participation of a shareholder holding 1% of Amoéba’s capital earlier than the difficulty of the twelfth tranche (calculation based mostly on the variety of shares making up Amoéba’s share capital as of March 4, 2021 , i.e. 17,055,460 shares:Shareholder participation (in%)Undiluted foundationDiluted foundation *

Earlier than subject of tranche 12

1%0.97%

After issuance of 237,028 new shares ensuing from the conversion of 26 OCA

0.99%

0.96%

  • supposing:

  • the total train of firm creator share subscription warrants and share subscription warrants issued and allotted by Amoéba, exercisable or not, giving the precise to subscribe to 200,000 new shares

the definitive allocation of conditional rights to obtain 280,000 free shares completely topic to the situation of uninterrupted presence.The reader’s attention is drawn to the risk factors specific to Amoéba and OCAs described in section 2.3 of the summary and in chapter 2 of the Prospectus approved by the Autorité des Marchés Financiers on January 16, 2020 under number 20-011. As a reminder, the Prospectus is available under the conditions provided for by the regulations in force. Copies of the Prospectus are available free of chargepayable on the head workplace of AMOEBA (38 Avenue des Frères Montgolfier – 69680 CHASSIEU), on its web site (www.amoeba-biocide.com) below the Traders part / Regulatory data and monetary paperwork / Different data in addition to on the AMF web site (

www.amf-france.org

).About AMOEBA: Amoeba of the ambition is to develop into a significant participant within the remedy of bacterial danger within the fields of water, well being and plant safety. Our organic resolution is a substitute for chemical compounds broadly used at the moment. Amoéba is presently specializing in the commercial cooling towers market at € 1.7bn (1) on a world chemical biocides marketplace for water remedy, valued at € 21 billion (2) and on the biocontrol marketplace for plant safetyglobally estimated at € 1.6bn (4) . Sooner or later, the corporate plans to develop new purposes corresponding to the care of continual wounds, estimated at 751 million euros

(3)in the USA. Sales of products associated with health, biocides and crop protection are subject to the granting of local regulatory marketing authorizations by the Company. The Company is currently in the testing phase for biocidal and phytosanitary applications and does not market any product.Created in 2010, based mostly in Chassieu (Lyon, France) with a subsidiary in Canada and the US, Amoéba is listed on Euronext Development Paris. The Firm is a member of the BPIfrance Excellence community and is eligible for the PEA-PME PME association. Extra data on

www.amoeba-biocide.com

.

(1): Amoéba knowledge mixed from sources: DRIRE 2013, Eurostat, ARHIA 2013

(2): Sources mixed by Amoéba from water remedy firms, Freedonia, Eurostat and MarketsandMarkets (3): BCC Analysis, “Markets for Superior Wound Administration Applied sciences”, Wellesley, MA, 2017 (4): Biopesticides Worldwide Market 2013, CPL, Wallingford, United Kingdom

Contacts:This press launch incorporates sure forward-looking statements concerning AMOEBA that are based mostly by itself assumptions and assumptions and on the data out there to us. Nonetheless, AMOEBA offers no assurance that the estimates contained in these forward-looking statements can be verified, these estimates being topic to quite a few dangers, together with the dangers set out within the Common Registration Doc of AMOEBA filed with the Autorité des Marchés Financiers ( Financial Markets Authority) on April 30, 2020 under number D20-0416 and the prospectus approved by the AMF on January 16, 2020 under number 20-011 (a copy of which is available onwww.amoeba-biocide.com

). The forward-looking statements contained on this press launch are additionally topic to dangers which aren’t but recognized to AMOEBA or which aren’t presently thought-about materials by AMOEBA. The prevalence of all or a part of these dangers might trigger the precise outcomes, monetary circumstances, efficiency or achievements of AMOEBA to vary materially from these forward-looking statements.



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