IGE+XAO Toulouse, on 21 June 2019, IGE+XAO Group announces:
Reduction in share capital
by cancelling 51,840 treasury shares,
representing 3.82% of the share capital.
In its session on 11 June 2019, the Board of Directors made use of the powers granted to it by the Combined Shareholders' Meeting of 12 April 2019, and decided to reduce, effective on 20 June 2019, the share capital of IGE+XAO SA by cancelling 51,840 shares representing 3.82% of the share capital.
This operation does not affect the consolidated equity of the IGE+XAO Group from an accounting standpoint. With regards to the company accounts, the Board of Directors has decided to allocate the difference between the purchase value of the cancelled securities which is 5,079,578.51 euros and their nominal amount, i.e. an amount of 4,879,994.51 euros to the "Other reserves" account which will change from 20,035,721.61 euros to 15,155,727.10 euros.
The number of securities comprising the share capital will then become 1,304,381 shares.
| Date | Total number of shares | Total number of voting rights |
| 20 June 2019 | 1,304,381 | Gross(1) : 1,334,404 Net (2) : 1,332,038 |
(1) In accordance with the last paragraph of Article 222-12 of the General Regulations of the AMF, the total gross number of voting rights is calculated based on all of the shares that comprise the share capital.
(2) The total net number of voting rights is calculated based on all of the shares comprising the share capital less the shares that do not have voting rights (treasury shares, in particular).
About the IGE+XAO Group
For over 33 years, the IGE+XAO Group has been a software publisher designing, producing, selling and supporting a range of Computer Aided Design (CAD), Product Lifecycle Management (PLM) and Simulation software dedicated to Electrical Engineering. These software products have been designed to help companies in the design and maintenance of the electrical part of any type of installation. This type of CAD/PLM/Simulation is called "Electrical CAD/PLM/Simulation". IGE+XAO employs 360 people around the world in 30 sites and in 20 countries, and has more than 91,610 licenses distributed around the world. IGE+XAO is a key player in its field. For more information: http://www.ige-xao.com. Follow us on Twitter @igexao_corpo.
IGE+XAO Group contacts
IGE+XAO Group, 16 boulevard Déodat de Séverac – CS 90 312 – 31 773 COLOMIERS CEDEX
Phone: +33 (0)5 62 74 36 36 – Fax: +33 (0)5 62 74 36 37
Website: www.ige-xao.com
Listed on Euronext Paris – Compartment B – CAC Mid & Small® Index – ISIN FR 0000030827
Analysts/Investors: Alain Di Crescenzo (Chairman of the Group) +33 (0)5 62 74 36 36
Press Contact: Rozenn Nerrand-Destouches: +33 (0) 5 62 74 36 02
Attachment
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