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Elis adjusts conversion ratio on Oceane due 2029 for dividend
Chicago, June 7 – Elis SA is changing the conversion and exchange ratio on its Oceane convertible offering due 2029 due to the payment of a dividend on the company’s shares, according to an announcement.
The new ratio is 5,915.9980 ordinary shares for 1 Oceane, increased from 5,774.0054 ordinary shares for 1 Oceane.
The change is effective June 22.
Elis is a Saint-Cloud, France-based provider of work uniforms and related services.
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