Elis to Transfer Shares on Conversion of 2029 Bonds, Redeem Outstanding Debt

01:36 AM EDT, 10/07/2026 (MT Newswires) -- Elis (ELIS.PA) will deliver 23,569,556 shares on Wednesday to holders of 3,767 of its 2.25% convertible bonds due 2029 who validly exercised their conversion/exchange rights, representing an aggregate nominal amount of 376.7 million euros. The shares to be delivered comprise 18,104,556 existing shares held in treasury and 5,465,000 new shares, representing 9.89% of Elis's share capital following the issuance of the new shares, according to a Wednesday release. The French workplace supplies company will redeem the 33 bonds for which conversion/exchange rights were not validly exercised for 3.3 million euros in cash on Oct. 13.