sur KRIEF GROUP (EPA:MLKRI)
Share consolidation for ODIOT SA: A new stock market era
July 23, 2025 marks the first day of trading for the consolidated shares of ODIOT SA (MLDOT - FR0014010DV3) on Euronext Paris. This reverse stock split, initially announced on June 6, 2025, is carried out at a rate of one new share for every 100 existing shares. The objective is to align the share price with luxury sector standards and reduce the stock's volatility.
222,672 new shares are now outstanding. They have the ISIN code FR0014010DV3 and the mnemonic code MLDOT. Shareholders who do not have a number of shares divisible by 100 will receive compensation within 30 days through their financial intermediary.
This process is taking place entirely via Euronext Paris, with delivery of the new shares scheduled for July 25, 2025. The transfer and compensation period extends until August 21, 2025.
R. P.
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