Business Wire

VALBIOTIS Opens up Its Capital to a New Shareholder, AMIRAL GESTION, at a Share Price of 4.50 EUROS, Representing a Premium of 5.4% Compared to the Closing Stock Exchange Price on July 16, 2020

Share

Regulatory News:

VALBIOTIS (Paris:ALVAL) (FR0013254851 – ALVAL, French PEA/SME eligible), a Research & Development company committed to scientific innovation for preventing and combating metabolic diseases, announces a capital increase via a €2 M private placement by AMIRAL GESTION, through its NOVA2 and Sextant PME funds, within an offer for the benefit of qualified investors referred to in Article L.411-2 1° of the French Monetary and Financial Code.

The subscription price for the VALBIOTIS shares was set at €4.50 per share (issuance fee included), which represents a premium of 5.4% compared to the closing price on 16 July 2020. This capital increase enables VALBIOTIS to benefit from additional financial resources for its development, notably its three research programs against hypercholesterolemia, arterial hypertension and hepatic steatosis.

Sébastien PELTIER, Chairman of the VALBIOTIS Board of Directors stated:
“We would like to thank our new shareholder, AMIRAL GESTION, for its trust and support. The funds raised considerably bolster our financial position and confirm investors interest in our development model, which has led to sign a partnership with Nestlé Health Science for the reduction of Type 2 diabetes risk factors. After this first success, this fundraising demonstrates our desire to further expand the room our Company has to manoeuvre as we pursue our development plan, addressing huge markets such as hypercholesterolemia, arterial hypertension and hepatic steatosis.”

The private placement modalities

The capital increase was made with the removal of the preferential subscription right from qualified investors, in the context of an offer within the meaning of Article L.411-2 1° of the French Monetary and Financial Code of new shares (the "Offer"), in accordance with the 12th resolution passed by the Company’s Combined General Meeting on May 28, 2020.

An overall number of 444,444 New Shares (the “New Shares”), with a unit face value of €0.10, were issued to AMIRAL GESTION, through its NOVA2 and Sextant PME funds, representing 6.15% of the share capital of the Company before the Offer was made and 5.79% of the share capital of the Company after the achievement of the Offer.

The issuing price of the New Shares was set at €4.50, that represents a premium of 5.4% compared to the closing price of the Company’s share on the Euronext Growth Paris on July 16, 2020, i.e. €4.27.

The settlement and delivery of the New Shares and their admission to trading on the Euronext Growth Paris market is scheduled for July 21, 2020. The New Shares will be subject to all the statutory provisions and will be assimilated to the old shares as soon as the Capital Increase is finally realised, they will carry current use and will be admitted to trading on the Euronext Growth Paris market on the same listing line as the shares of the Company already listed under the same ISIN code FR0013254851 – ALVAL.

Capital breakdown

The Company’s share capital will be composed of 7,671,144 shares upon completion of the operation.

For information, the interest of a shareholder with 1% of the Company’s share capital prior to the issuing will be brought to 0.94%.

Therefore, after the capital increase, the Company’s share capital will be broken down as follows:

Shareholders

 

Number of shares

 

% capital

 

Voting rights

 

% capital

 

 

 

 

 

 

 

 

 

 

Members of the Board of Directors

 

974,471

 

12.70%

 

1,831,971

 

20.73%

Djanka Investissement
(company under the control of Sébastien PELTIER)

 

640,000

 

8.34%

 

1,245,000

 

14.09%

Financière Eloujon
(company under the control of Jocelyn PINEAU)

 

327,271

 

4.27%

 

579,771

 

6.56%

Pascal SIRVENT

 

 

7,200

 

0.09%

 

7,200

 

0.08%

Financial investors

 

607,947

 

7.93%

 

771,450

 

8.73%

Amiral Gestion

 

444,444

 

5.79%

 

444,444

 

5.03%

Nestadio

 

163,503

 

2.13%

 

327,006

 

3.70%

 

 

 

 

 

 

 

 

 

 

Members of the supervisory board

 

3,000

 

0.04%

 

3,000

 

0.03%

 

 

 

 

 

 

 

 

 

 

Public

 

 

6,070,422

 

79.13%

 

6,232,665

 

70.51%

 

 

 

 

 

 

 

 

 

 

Liquidity contract

 

15,304

 

0.20%

 

-

 

-

 

 

 

 

 

 

 

 

 

 

TOTAL

 

7,671,144

 

100.00%

 

8,839,086

 

100.00%

Within the framework of the Private Placement, the Company concluded a lock-up agreement for a duration of 90 days starting from the date of settlement of this operation.

Portzamparc (Groupe BNP Paribas) acted as Lead Arranger and Bookrunner of the operation.

As per the provisions of Article 211-3 of the General Regulations of the Financial Market Authority, the offer of Company shares within the framework of this Private Placement did not give rise to a prospectus submitted for the approval of the Financial Market Authority. Detailed information concerning VALBIOTIS, in particular regarding its activity, results and corresponding risk factors, appears in the annual financial report for the business year ending on 31 December 2019, which can be consulted on its website (www.valbiotis.com), along with further regulatory information and all of the Company’s press releases.

ABOUT VALBIOTIS
VALBIOTIS is a Research & Development company committed to scientific innovation for preventing and combating metabolic diseases in response to unmet medical needs.

VALBIOTIS has adopted an innovative approach, aiming to revolutionize healthcare by developing a new class of nutritional health solutions designed to reduce the risk of major metabolic diseases, based on a multi-target approach and made possible by the use of plant-based ingredients.

Its products are intended to be licensed to players in the health world.

VALBIOTIS was founded in La Rochelle in early 2014 and has formed numerous partnerships with top academic centers. The Company has established three sites in France – Périgny, La Rochelle (17) and Riom (63).

VALBIOTIS is a member of the "BPI Excellence" network and received the "Innovative Company" status accorded by BPI France. Valbiotis has also been awarded "Young Innovative Company" status and has received major financial support from the European Union for its research programs by obtaining support from the European Regional Development Fund (ERDF). VALBIOTIS is a PEA-SME eligible company.

Find out more about VALBIOTIS: www.valbiotis.com

Name: Valbiotis
ISIN code: FR0013254851
Mnemonic code: ALVAL

DISCLAIMER
Certain statements contained in this press release constitute forward-looking statements. Although the Company considers the projections made on the basis of the forward-looking statements to be reasonable, they are based on many risks and uncertainties, which could lead to actual results different from those contained in the forward-looking statements.

This press release is for informational purposes only, and the information contained therein does not constitute an offer to sell or the solicitation of an offer to buy securities of the Company in any jurisdiction, including in France.

The distribution of this press release may be restricted by certain local laws. The beneficiaries of this press release are required to inform themselves of the possible restrictions to which they may be constrained, and if necessary to observe them. This press release does not constitute an offer or a solicitation of an offer to buy or subscribe for securities in France.

This press release is a promotional communication and does not constitute a prospectus within the meaning of Regulation (EU) 2017/1129 of the European Parliament and of the Council of June 14, 2017 (the "Prospectus Regulation").

In France, the offer of the shares of the Company described above will be made exclusively within the framework of an offer for the benefit of qualified investors within the meaning of article 2 (1) (e) of the Prospectus Regulation, in accordance with Article L. 411-2 of the Monetary and Financial Code and the applicable regulatory provisions. No prospectus has been nor will be published or approved by the Autorité des Marchés Financiers.

With regard to the Member States of the European Economic Area other than France (the "Member States"), no action has been taken or will be taken to allow a public offering of securities making it necessary to publication of a prospectus in one of these Member States. Consequently, the securities cannot be offered and will not be offered in any of the Member States (other than France), except in accordance with the exemptions provided for in Article 1 (4) of the Prospectus Regulation, or in other cases not requiring not the publication by VALBIOTIS of a prospectus under article 3 of the Prospectus Regulation and / or of the regulations applicable in these Member States.

As regards the United Kingdom, the press release is only intended for persons who are (i) "investment professionals" (persons with professional experience in investment matters) within the meaning of Article 19 (5 ) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended, the "Order"), (ii) being persons within the scope of section 49 (2) (a) to (d) (“high net worth companies, unincorporated associations, etc.”) of the Order, or (iii) persons to whom an invitation or an invitation to participate in an investment activity (within the meaning of article 21 of the Financial Services and Markets Act 2000) in the context of the issue or sale of financial securities could be legally addressed (all of these persons being designated together as the "Relevant Persons").

This press release is addressed only to Relevant Persons and no person other than a Relevant Person may use or rely on this press release for any action. Any investment or investment activity to which this press release refers is only accessible to Relevant Persons and must only be carried out with Relevant Persons.

This press release is not intended for publication or distribution, direct or indirect, in the United States and does not constitute or form part of any offer of securities in the United States or any solicitation to purchase, subscription or sale of securities in the United States. The new shares have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"). The Securities will not be and may not be sold or offered to the public in the United States without registration or an exemption from registration under the Securities Act. VALBIOTIS does not intend to register or conduct a public offering of securities in the United States.

This press release is not intended for publication or distribution in the United States, Canada, Japan or Australia. The information contained in this press release does not constitute an offer of securities in the United States, Canada, Japan or Australia or any other jurisdiction in which such an offer would be considered illegal.

To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.

Contact information

CORPORATE COMMUNICATION / VALBIOTIS
Carole ROCHER / Marc DELAUNAY
+33 5 46 28 62 58
media@valbiotis.com

FINANCIAL COMMUNICATION / ACTIFIN
Stéphane RUIZ
+33 1 56 88 11 14
sruiz@actifin.fr

MEDIA RELATIONS / MADIS PHILEO
Guillaume DE CHAMISSO
+33 6 85 91 32 56
guillaume.dechamisso@madisphileo.com

About Business Wire

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

SCENTMATIC's AI "KAORIUM" Debuts at THAMEEN Fragrance Launch in London's Selfridges4.7.2025 12:13:00 EEST | Press release

SCENTMATIC Inc., a leader in scent digitalization, introduced its AI-powered scent-to-language system, KAORIUM, at the THAMEEN Fragrance new product launch event. This pivotal event took place from June 5 to 11, 2025, at Selfridges department store in London, UK. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250703662207/en/ State of exhibition Global Expansion: KAORIUM Establishes UK Presence Europe leads the global fragrance market, with the UK projected to reach US$2.82 billion by 2033. Recognizing this, SCENTMATIC is rapidly expanding its international footprint. In May 2024, SCENTMATIC established its overseas subsidiary, KAORIUM, in London, appointing industry expert Ben Yanoushek as CEO. Official UK operations commenced on February 1, 2025, with the launch of its dedicated website: www.kaorium.com. KAORIUM Trialed at "Florentine Diamond" Launch Event The "Florentine Diamond" launch event for luxury brand THAMEEN Frag

Global Tourism Surging Ahead of Economic Growth, With Visits to Hit 30 Billion by 20344.7.2025 02:00:00 EEST | Press release

The World Economic Forum has today published a new report forecasting that the travel and tourism industry is projected to serve 30 billion tourist trips by 2034. Travel and Tourism at a Turning Point: Principles for Transformative Growth, produced in collaboration with Kearney and the Ministry of Tourism Saudi Arabia, reveals a projected $16 trillion contribution to global GDP by the same year—representing more than 11% of the total world economy, according to World Travel & Tourism Council estimates. The report also found that the sector is expanding 1.5 times faster than the global economy, generating significant commercial opportunities as long as the mounting challenges of climate change, labour shortages and infrastructure gaps are addressed. Inbound and outbound trips increasing fast Asia is on track to become the world’s fastest-growing tourism economy, with the direct travel and tourism GDP contribution expected to exceed 7% across the region by 2034. Notably, India and China

The 2025-2026 World Branding Awards Animalis Edition Honouring Leading Pet and Animal Brands Globally3.7.2025 22:00:00 EEST | Press release

The 2025-2026 World Branding Awards Animalis Edition marked its fifth instalment, bringing together leading pet and animal brands from all around the world. These brands were celebrated for their outstanding achievements, earning recognition as National, Regional, and Global Winners. The awards ceremony, held at Vienna's prestigious Hofburg Palace, welcomed winners across diverse categories, including pet food, retail, wellness, pet exhibitions, and aquatic products. Mounia Berrada-Gouzi expertly hosted the evening, which culminated in a grand celebration of brand excellence. “The Animalis Edition of the World Branding Awards recognises brands that have achieved the highest distinction—genuine recognition in the hearts and minds of consumers. Tonight, we honour those whose names resonate globally, whose values inspire loyalty, and whose presence defines excellence in the pet and animal industry,” said Richard Rowles, Chairman of the World Branding Forum. Out of over 950 brands nominate

Venture Global Announces 20-Year Sales and Purchase Agreement with PETRONAS3.7.2025 15:59:00 EEST | Press release

Today, Venture Global, Inc. (NYSE: VG) announced the execution of a new 20-year Sales and Purchase Agreement (SPA) with PETRONAS LNG Ltd. (PLL), a subsidiary of the Malaysian state-owned oil and gas company, PETRONAS. Under the terms of the SPA, PETRONAS will purchase 1 million tonnes per annum (MTPA) of liquefied natural gas (LNG) from Venture Global’s third facility, CP2 LNG, for 20 years. This builds upon Venture Global’s existing agreement with PETRONAS for 1 MTPA of LNG supply from Plaquemines LNG. PETRONAS, a world-class partner in the LNG industry, joins other CP2 LNG customers in Europe, Asia and the rest of the world in a strategically important project to global energy supply and security. To date, approximately 10.75 MTPA of the 14.4 MTPA nameplate capacity for CP2 Phase One has been sold. About Venture Global Venture Global is a long-term, low-cost provider of U.S. LNG sourced from resource rich North American natural gas basins. Venture Global’s business includes assets ac

Frost & Sullivan Recognizes Novotech as 2025 Global Biotech CRO Company of the Year3.7.2025 15:05:00 EEST | Press release

In recognition of its innovation, client-focused delivery, and global impact, Novotech has been awarded the 2025 Global Biotechnology Contract Research Organization (CRO) Company of the Year by Frost & Sullivan. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250703950144/en/ Novotech Wins Global CRO Award Novotech is a globally recognized full-service clinical CRO and scientific advisory firm, trusted by biotech and small- to mid-sized pharmaceutical companies to advance their drug development programs at every phase. With a global footprint spanning Asia-Pacific, North America, and Europe, Novotech supports over 5,000 clinical trial sites and a distributed team of experts delivering seamless, end-to-end solutions across geographies. “Novotech is redefining biotech-focused clinical research through AI-driven innovation, global expansion, and a client-embedded partnership model. With a clear vision to be the CRO of choice for

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye