2022---avenir-telecom--consolidation-of-avenir-telecom-shares---08-26-2022-at-08-00 ✧

: The consolidation was part of a broader effort to manage the dilution caused by previous financing agreements, such as those with Negma Group Ltd .

In August 2022, initiated a significant restructuring of its share capital through a stock consolidation (reverse split) to stabilize its market presence on the Euronext Paris . This strategic move aimed to reduce the high number of outstanding shares and increase the individual share price to meet standard exchange expectations. Key Consolidation Details (August 2022) : The consolidation was part of a broader

: Shareholders holding a number of shares not divisible by 80 were typically required to either buy or sell the remaining "fractions" to obtain a whole number of new shares. Avenir Telecom SA stock - Saxo Bank Shareholder Impact

: The nominal value of each share was adjusted proportionally following the grouping. and Africa (EMEA) region.

: Headquartered in Marseille, France , the company distributes products in over 55 countries , with nearly all sales (99.9%) concentrated in the Europe, Middle East, and Africa (EMEA) region. Shareholder Impact