{"success":true,"data":{"pressRelease":{"id":"162575","rtpr_id":"nGNE8Dy1SK-20261007","ticker":"ELIS","exchange":"Euronext Paris","all_tickers":["ELIS"],"title":"REG-Elis announces the results of the conversion and exchange period for its 2029 OCEANEs","author":"Globe Newswire","published_at":"2026-10-07T05:00:00.053Z","article_body":"Elis announces the results of the conversion and exchange period \nfor its 2029 OCEANEs\n\nPuteaux, October 7, 2026 – Elis (the “Company”) announces the results of\nthe conversion/exchange period for its €380,000,000 2.25% bonds convertible\ninto new shares and/or exchangeable for existing shares due September 22, 2029\n(ISIN FR001400AFJ9) (the “Bonds”).\n\nOn September 11, 2026, the Company announced its decision to redeem all\noutstanding Bonds on October 13, 2026, pursuant to the first paragraph of\nCondition 1.10.1.3, “Early redemption at the Company’s option”, of the\nterms and conditions of the Bonds dated September 22, 2022 (the “Terms and\nConditions”).\n\nCapitalised terms that are not otherwise defined in this notice shall have the\nmeanings given to them in the Terms and Conditions.\n\nBondholders had until October 2, 2026, to validly exercise their\nConversion/Exchange Rights in accordance with the Terms and Conditions, at a\nconversion/exchange ratio of 6,256.8564 Elis shares per Bond.\n\nA total of 3,767 Bonds were validly presented for conversion/exchange,\nrepresenting 99.13% of the 3,800 Bonds outstanding on September 11, 2026. With\na par value of €100,000 per Bond, this represents an aggregate nominal\namount of €376,700,000.\n\nApplying the Conversion/Exchange Ratio and the rounding provisions of the\nTerms and Conditions, these exercises will result in the delivery of a total\nof 23,569,556 Elis shares (ISIN FR0012435121), comprising 18,104,556 existing\nshares held in treasury and 5,465,000 new shares, representing in aggregate\n9.89% of Elis’s share capital following the issuance of the new shares. The\nshare capital of the Company now amounts to EUR 238,313,588, comprising\n238,313,588 ordinary shares with a nominal value of EUR 1.00 each. The Company\nwill use existing shares held following the completion of its share buyback\nprogram on July 9, 2026, thereby limiting the number of new shares to be\nissued. Settlement and delivery of the shares will be completed on October 7,\n2026.\n\nThe remaining 33 Bonds, in respect of which conversion/exchange rights were\nnot validly exercised, will be redeemed in cash on October 13, 2026, at a\nprice of €100,129.45 per Bond, including €129.45 of accrued interest,\nrepresenting an aggregate redemption amount of €3,304,271.85.\n\nIMPORTANT NOTICE\n\nThis press release does not constitute an offer to sell, a solicitation of an\noffer to purchase, or an offer to purchase any securities of Elis in any\njurisdiction.\n\nContacts\n\nNicolas Buron\nDirector of Investor Relations, Financing & Treasury\nPhone: + 33 (0)1 75 49 98 30 - nicolas.buron@elis.com\n\nCharline Lefaucheux\nInvestor Relations \nPhone: + 33 (0)1 75 49 98 15 - charline.lefaucheux@elis.com\n\nAttachment\n*     Elis announces the results of the conversion and exchange period for its\n2029 OCEANEs\n(https://ml-eu.globenewswire.com/Resource/Download/7b5ecf9a-04a6-4d71-a2d2-0eabaac6c199)","article_body_html":"","raw_payload":{"data":{"id":"nGNE8Dy1SK-20261007","title":"REG-Elis announces the results of the conversion and exchange period for its 2029 OCEANEs","author":"Globe Newswire","ticker":"ELIS","created":"2026-10-07T05:00:00.053Z","tickers":["ELIS"],"exchange":"Euronext Paris","article_body":"Elis announces the results of the conversion and exchange period \nfor its 2029 OCEANEs\n\nPuteaux, October 7, 2026 – Elis (the “Company”) announces the results of\nthe conversion/exchange period for its €380,000,000 2.25% bonds convertible\ninto new shares and/or exchangeable for existing shares due September 22, 2029\n(ISIN FR001400AFJ9) (the “Bonds”).\n\nOn September 11, 2026, the Company announced its decision to redeem all\noutstanding Bonds on October 13, 2026, pursuant to the first paragraph of\nCondition 1.10.1.3, “Early redemption at the Company’s option”, of the\nterms and conditions of the Bonds dated September 22, 2022 (the “Terms and\nConditions”).\n\nCapitalised terms that are not otherwise defined in this notice shall have the\nmeanings given to them in the Terms and Conditions.\n\nBondholders had until October 2, 2026, to validly exercise their\nConversion/Exchange Rights in accordance with the Terms and Conditions, at a\nconversion/exchange ratio of 6,256.8564 Elis shares per Bond.\n\nA total of 3,767 Bonds were validly presented for conversion/exchange,\nrepresenting 99.13% of the 3,800 Bonds outstanding on September 11, 2026. With\na par value of €100,000 per Bond, this represents an aggregate nominal\namount of €376,700,000.\n\nApplying the Conversion/Exchange Ratio and the rounding provisions of the\nTerms and Conditions, these exercises will result in the delivery of a total\nof 23,569,556 Elis shares (ISIN FR0012435121), comprising 18,104,556 existing\nshares held in treasury and 5,465,000 new shares, representing in aggregate\n9.89% of Elis’s share capital following the issuance of the new shares. The\nshare capital of the Company now amounts to EUR 238,313,588, comprising\n238,313,588 ordinary shares with a nominal value of EUR 1.00 each. The Company\nwill use existing shares held following the completion of its share buyback\nprogram on July 9, 2026, thereby limiting the number of new shares to be\nissued. Settlement and delivery of the shares will be completed on October 7,\n2026.\n\nThe remaining 33 Bonds, in respect of which conversion/exchange rights were\nnot validly exercised, will be redeemed in cash on October 13, 2026, at a\nprice of €100,129.45 per Bond, including €129.45 of accrued interest,\nrepresenting an aggregate redemption amount of €3,304,271.85.\n\nIMPORTANT NOTICE\n\nThis press release does not constitute an offer to sell, a solicitation of an\noffer to purchase, or an offer to purchase any securities of Elis in any\njurisdiction.\n\nContacts\n\nNicolas Buron\nDirector of Investor Relations, Financing & Treasury\nPhone: + 33 (0)1 75 49 98 30 - nicolas.buron@elis.com\n\nCharline Lefaucheux\nInvestor Relations \nPhone: + 33 (0)1 75 49 98 15 - charline.lefaucheux@elis.com\n\nAttachment\n*     Elis announces the results of the conversion and exchange period for its\n2029 OCEANEs\n(https://ml-eu.globenewswire.com/Resource/Download/7b5ecf9a-04a6-4d71-a2d2-0eabaac6c199)"},"type":"article","timestamp":"2026-10-07T05:00:00.161131112Z","server_sent_at_ms":1791349200161},"received_at":"2026-10-07T05:00:00.214Z","source_url":null},"analysis":{"id":"151061","press_release_id":"162575","analysis_json":{"industry":{"label":"Commercial Services & Supplies","sector":"Industrials"},"redFlags":["9.89% increase in share count from new share issuance plus treasury-share overhang returning to market"],"eventType":"debt_offering","narrative":"Elis announced that 99.13% of its €380M 2029 OCEANEs (3,767 of 3,800 bonds) were converted or exchanged ahead of the October 13 early redemption, translating into delivery of 23,569,556 shares.\n\nOnly 5,465,000 new shares were issued — 18,104,556 came from treasury shares accumulated via the buyback completed July 9, 2026 — with new shares representing 9.89% of post-issuance share capital.\n\nThe 33 remaining bonds will be cash-redeemed October 13 at €100,129.45 each (€3.3M total), leaving Elis with a largely de-levered convertible maturity converted into equity.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"Convertible mostly converted into equity with buyback treasury shares limiting cash and dilution — balance sheet clean-up ahead of 2029 maturity."},"keyFigures":{"customDimensions":{"share_capital":238313588,"bonds_converted":3767,"conversion_rate":"99.13%","shares_delivered":23569556,"bonds_outstanding":3800,"new_shares_issued":5465000,"bond_nominal_value":380000000,"converted_nominal_amount":376700000,"new_shares_pct_of_capital":"9.89%","existing_shares_from_treasury":18104556}},"quotedText":"these exercises will result in the delivery of a total of 23,569,556 Elis shares (ISIN FR0012435121), comprising 18,104,556 existing shares held in treasury and 5,465,000 new shares","namedEntities":{"people":[{"name":"Nicolas Buron","role":"Director of Investor Relations, Financing & Treasury"},{"name":"Charline Lefaucheux","role":"Investor Relations"}],"products":["2029 OCEANEs (2.25% convertible/exchangeable bonds, ISIN FR001400AFJ9)"],"companies":[{"name":"Elis","ticker":"ELIS","relationship":"issuer"}],"dollarAmounts":[{"amount":"€380,000,000","context":"aggregate nominal amount of 2.25% convertible bonds due 2029"},{"amount":"€376,700,000","context":"nominal amount of bonds validly presented for conversion/exchange"},{"amount":"€100,129.45","context":"cash redemption price per remaining bond including accrued interest"},{"amount":"€3,304,271.85","context":"aggregate cash redemption of 33 non-converted bonds"},{"amount":"EUR 238,313,588","context":"share capital of the Company after new share issuance"}]},"materialImpact":{"score":2,"reasoning":"Mechanical outcome of a previously announced early redemption of the 2029 convertible bonds: 99.13% converted into equity rather than requiring cash redemption, largely settled with treasury shares from the completed buyback, limiting new issuance to 5.465M shares."},"tickerRelevance":{"others":[],"primary":"ELIS"},"globalImportance":25,"audienceRelevance":20,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"mid-cap","eventGravity":"convertible bond conversion/redemption results","issuerAuthored":true,"dilutionMagnitude":"9.89% of share capital"}},"event_type":"debt_offering","event_type_secondary":null,"sentiment":"bullish","material_impact_score":2,"narrative":"Elis announced that 99.13% of its €380M 2029 OCEANEs (3,767 of 3,800 bonds) were converted or exchanged ahead of the October 13 early redemption, translating into delivery of 23,569,556 shares.\n\nOnly 5,465,000 new shares were issued — 18,104,556 came from treasury shares accumulated via the buyback completed July 9, 2026 — with new shares representing 9.89% of post-issuance share capital.\n\nThe 33 remaining bonds will be cash-redeemed October 13 at €100,129.45 each (€3.3M total), leaving Elis with a largely de-levered convertible maturity converted into equity.","key_figures":{"customDimensions":{"share_capital":238313588,"bonds_converted":3767,"conversion_rate":"99.13%","shares_delivered":23569556,"bonds_outstanding":3800,"new_shares_issued":5465000,"bond_nominal_value":380000000,"converted_nominal_amount":376700000,"new_shares_pct_of_capital":"9.89%","existing_shares_from_treasury":18104556}},"named_entities":{"people":[{"name":"Nicolas Buron","role":"Director of Investor Relations, Financing & Treasury"},{"name":"Charline Lefaucheux","role":"Investor Relations"}],"products":["2029 OCEANEs (2.25% convertible/exchangeable bonds, ISIN FR001400AFJ9)"],"companies":[{"name":"Elis","ticker":"ELIS","relationship":"issuer"}],"dollarAmounts":[{"amount":"€380,000,000","context":"aggregate nominal amount of 2.25% convertible bonds due 2029"},{"amount":"€376,700,000","context":"nominal amount of bonds validly presented for conversion/exchange"},{"amount":"€100,129.45","context":"cash redemption price per remaining bond including accrued interest"},{"amount":"€3,304,271.85","context":"aggregate cash redemption of 33 non-converted bonds"},{"amount":"EUR 238,313,588","context":"share capital of the Company after new share issuance"}]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:5c812bd9e28b810d","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-10-07T05:00:08.638Z","global_importance":25,"audience_relevance":20,"importance_components":{"tickerTier":"mid-cap","eventGravity":"convertible bond conversion/redemption results","issuerAuthored":true,"dilutionMagnitude":"9.89% of share capital"}},"durationMs":8458,"modelName":"glm-5.3-flashx"}}