
Believe launches its first employee shareholder plan « B.SHARES 2022 »
Believe launches its first employee shareholder plan
« B.SHARES 2022 »
Paris, September 15, 2022 – Believe is launching its first collective employee shareholding offer “B.SHARES 2022”. Believe employees will be able to subscribe to Believe shares from September 16 to October 6, 2022.
This first employee shareholding plan will provide our employees with the opportunity to be directly associated with the future development of Believe (BLV, Euronext Paris - Compartment A). Involving our employees as Believe shareholders is a key step in our journey to our corporate ambition " Shaping Music for Good " driven by our four driving forces: respect, expertise, fairness and transparency towards all of our stakeholders.
The Offer will be rolled out in 6 countries and will be carried out by capital increase within the limit of 480,000 shares representing approximately 0.5% of the Company's share capital.
Beneficiaries
The Offer is dedicated to members of the Group Savings Plan or the International Group Savings Plan located in the following countries: Germany, China, United States, France, India and United Kingdom, having at least three months of seniority at the last day of the subscription period, October 6, 2022.
Terms of shares holding
Subscription to shares is carried out through an employee mutual fund (FCPE), the FCPE "Believe Shares", in Germany, France, India, the United Kingdom. Subscription to shares is carried out through direct shareholding in China and the in United States.
Subscription price
The subscription price of a share under the Offer is equivalent to the average prices weighted by the trading volumes of the Believe share on Euronext Paris during the twenty trading days preceding the decision of the Chairman and Chief Executive Officer setting the dates of the subscription period, reduced by a 20% discount, and rounded up to the nearest hundredth of a euro.
On delegation from the Board of Directors, the Chairman and Chief Executive Officer set, on September 15, 2022, the reference price for one share at €8.62 and the subscription price for one share at €6.90.
Lock-up period
Shares subscribed directly, as well as FCPE units, will be blocked for a period of five years, unless early release cases provided by law.
Exercise of voting rights
The voting rights attached to the shares held through the FCPE “Believe Shares” will be exercised by the supervisory board of the FCPE “Believe Shares”. The voting rights attached to the shares held directly will be exercised by direct employee shareholders.
informative schedule
The indicated schedule for carrying out the Offer is as follows:
- setting of the subscription price: September 15, 2022
- subscription period: from September 16 to October 6, 2022, inclusive
- capital increase: November 3, 2022
Quotation
Admittance to trading on the Euronext Paris market (ISIN Code: FR0014003FE9) of the new shares will be requested as soon as the capital increase is completed.
Specific note
FCPE units may not be offered or sold directly or indirectly in the United States (including its territories and possessions), to or for the benefit of a "U.S. Person", as defined by American regulations, and available on the website of the FCPE management company: www.amundi.com.
Pursuant to the provisions of Regulation (EU) No. 833/2014 and Regulation (EU) No. 765/2006, as amended, the Offer is not open to Russian nationals and natural persons residing in Russia, nor Belarusian nationals and natural persons residing in Belarus, except for nationals in a country of the European Union or natural persons holding a temporary or permanent residence permit in a country of the European Union.
About Believe
Believe is one of the world's leading digital music companies. Believe's mission is to support artists and labels by offering them digital solutions adapted to their evolving needs at each stage of their development. Believe relies on its technological platform, on the unique digital expertise of its employees to advise its artists and labels, distribute and promote their music. Its 1,565 employees present in more than 50 countries support them with unique digital expertise, respect, fairness and transparency. Believe offers its various solutions through a portfolio of brands including, among others, TuneCore, Nuclear Blast, Naïve, Groove Attack and AllPoints. Believe is listed on compartment A of the regulated market of Euronext Paris (Ticker: BLV, ISIN: FR0014003FE9).
www.believe.com
Believe contacts
Investor relations Emilie MEGEL investors@believe.com Tel. : +33 1 53093391 Port. : + 33 6 07099860 | Press relations Manon JESSUA manon.jessua@believe.com |
Attachment
To view this piece of content from www.globenewswire.com, please give your consent at the top of this page.To view this piece of content from ml-eu.globenewswire.com, please give your consent at the top of this page.
About GlobeNewswire by notified
GlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
Subscribe to releases from GlobeNewswire by notified
Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from GlobeNewswire by notified
Iveco Group signs a 150 million euro term loan facility with Cassa Depositi e Prestiti to support investments in research, development and innovation11.6.2024 12:00:00 CEST | Press release
Turin, 11th June 2024. Iveco Group N.V. (EXM: IVG), a global automotive leader active in the Commercial & Specialty Vehicles, Powertrain and related Financial Services arenas, has successfully signed a term loan facility of 150 million euros with Cassa Depositi e Prestiti (CDP), for the creation of new projects in Italy dedicated to research, development and innovation. In detail, through the resources made available by CDP, Iveco Group will develop innovative technologies and architectures in the field of electric propulsion and further develop solutions for autonomous driving, digitalisation and vehicle connectivity aimed at increasing efficiency, safety, driving comfort and productivity. The financed investments, which will have a 5-year amortising profile, will be made by Iveco Group in Italy by the end of 2025. Iveco Group N.V. (EXM: IVG) is the home of unique people and brands that power your business and mission to advance a more sustainable society. The eight brands are each a
DSV, 1115 - SHARE BUYBACK IN DSV A/S11.6.2024 11:22:17 CEST | Press release
Company Announcement No. 1115 On 24 April 2024, we initiated a share buyback programme, as described in Company Announcement No. 1104. According to the programme, the company will in the period from 24 April 2024 until 23 July 2024 purchase own shares up to a maximum value of DKK 1,000 million, and no more than 1,700,000 shares, corresponding to 0.79% of the share capital at commencement of the programme. The programme has been implemented in accordance with Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (“MAR”) (save for the rules on share buyback programmes set out in MAR article 5) and the Commission Delegated Regulation (EU) 2016/1052, also referred to as the Safe Harbour rules. Trading dayNumber of shares bought backAverage transaction priceAmount DKKAccumulated trading for days 1-25478,1001,023.01489,100,86026:3 June 20247,0001,050.597,354,13027:4 June 20245,0001,055.705,278,50028:6 June20243,0001,096.273,288,81029:7 June 20244,0001,106.174,424,68
Landsbankinn hf.: Offering of covered bonds11.6.2024 11:16:36 CEST | Press release
Landsbankinn will offer covered bonds for sale via auction held on Thursday 13 June at 15:00. An inflation-linked series, LBANK CBI 30, will be offered for sale. In connection with the auction, a covered bond exchange offering will take place, where holders of the inflation-linked series LBANK CBI 24 can sell the covered bonds in the series against covered bonds bought in the above-mentioned auction. The clean price of the bonds is predefined at 99,594. Expected settlement date is 20 June 2024. Covered bonds issued by Landsbankinn are rated A+ with stable outlook by S&P Global Ratings. Landsbankinn Capital Markets will manage the auction. For further information, please call +354 410 7330 or email verdbrefamidlun@landsbankinn.is.
Relay42 unlocks customer intelligence with a new insights and reporting module, powered by Amazon QuickSight11.6.2024 11:00:00 CEST | Press release
AMSTERDAM, June 11, 2024 (GLOBE NEWSWIRE) -- Relay42, a leading European Customer Data Platform (CDP), is leveraging Amazon QuickSight to power its new real-time customer intelligence, reporting, and dashboard module. Harnessing the breadth and quality of customer data, the new Insights module empowers marketing teams to dive deep into customer behaviors and gain invaluable insights into the performance of their marketing programs across all online, offline, paid, and owned marketing channels. Preview of the Relay42 Insights module, in pre-beta version Key capabilities of the Relay42 Insights module include: Deep insights into customer behaviors: With the Relay42 Insights module, marketers can ask unlimited questions about their data and gain a deeper understanding of how to serve their customers more effectively. Simplicity with AI-powered querying: Marketers can use artificial intelligence to query their data using natural language search, reducing the reliance on data scientists. Us
Metasphere Labs Announces X Spaces Event on the Topic of Green Bitcoin Mining and Sound Money for Sustainability11.6.2024 10:30:00 CEST | Press release
VANCOUVER, British Columbia, June 11, 2024 (GLOBE NEWSWIRE) -- Metasphere Labs Inc. (formerly Looking Glass Labs Ltd., "Metasphere Labs" or the "Company") (Cboe Canada: LABZ) (OTC: LABZF) (FRA: H1N) is thrilled to announce an engaging Twitter Spaces event on Green Bitcoin mining, energy markets, and sustainability on July 3, 2024 at 2 p.m. ET. Follow us on X at MetasphereLabs for updates and to join the event. What We'll Discuss Bitcoin Mining Basics: Understand the fundamentals of Bitcoin mining.Energy Market Dynamics: Explore how Bitcoin mining interacts with energy markets.Sustainable Innovations: Learn about our efforts to promote sustainability in Bitcoin mining.Sound Money: Discover how tamper-proof currency can enhance stability.Efficient Payment Rails: See how fast, neutral payment systems support humanitarian projects.Carbon Footprint: Compare Bitcoin's environmental impact with traditional banking. "We're excited to host this event and dive into the critical topics of Bitcoin