Elis ups conversion ratio for Oceanes following special dividend

By Marisa Wong

Morgantown, W.Va., June 21 – Elis announced it adjusted the exchange ratio for its Oceanes to 1.019 ordinary shares per bond from 1 ordinary share per bond.

The change is effective from May 29, the ex-dividend date of a special dividend that was approved by shareholders on May 18.

Elis is a Saint-Cloud, France-based multi-services group in Europe and Latin America, specializing in the rental and maintenance of professional clothing, textile articles, hygiene and well-being appliances.

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