BIC Group - Press Release
Clichy - 14 December 2017
Change in capital and
appointment of a Director representing the employees
Change in capital
During its meeting held on 13 December 2017, the Board of Directors of SOCIETE BIC decided, pursuant to the authorization granted by the Annual Shareholders' Meeting held on May 10, 2017, to proceed to:
- a capital increase through the issuance of 87,584 shares following exercise of share subscription options from 1st of November 2016 to 30 November 2017,
- a capital decrease through cancellation of 995,854 shares.
Upon completion of these transactions, the share capital of SOCIETE BIC amounts to 178,072,592.84 euros divided into 46,615,862 shares of 3.82 euros each, fully paid-up.
Appointment of Vincent Bedhome as Director representing the employees
The Board of Directors took note also of the appointment by the Group Committee of Vincent Bedhome as Director representing the employees of BIC Group. The Board of Directors also decided to appoint him as member of the Compensation Committee.
In the BIC Group since 1989, Vincent Bedhome, age 52, is a project Manager in the Stationery category since 2003.
He previously held different positions at BIC plant in Boulogne sur Mer, such as R&D engineer, industrial project Manager and production Manager.
Vincent Bedhome has a chemical engineering degree from HEI Lille (France) and a PhD in Spectrochemistry from the Université de Lille (France).
Contacts
| Investor Relations: +33 1 45 19 52 26 | Press Contacts |
| Sophie Palliez-Capian sophie.palliez@bicworld.com | Isabelle de Segonzac: +33 1 53 70 74 70 isegonzac@image7.fr |
| Katy Bettach katy.bettach@bicworld.com |
For more information, please consult the corporate website: www.bicworld.com
2018 Agenda (all dates to be confirmed)
| Full Year 2017 results | 14 February 2018 | Meeting - BIC Headquarters |
| First Quarter 2018 results | 25 April 2018 | Conference call |
| 2018 AGM | 16 May 2018 | Meeting - BIC Headquarters |
| First Half 2018 results | 1st August 2018 | Conference call |
About BIC
BIC is a world leader in stationery, lighters, shavers and promotional products. For more than 60 years, BIC has honored the tradition of providing high-quality, affordable products to consumers everywhere. Through this unwavering dedication and thanks to everyday efforts and investments, BIC has become one of the most recognized brands and is a trademark registered worldwide for identifying BIC products which are sold in more than 160 countries around the world. In 2016, BIC recorded Net Sales of 2,025.8 million euros. The Company is listed on "Euronext Paris" and is part of the SBF120 and CAC Mid 60 indexes. BIC is also part of the following Socially Responsible Investment indexes: CDP's Climate A List, CDP's Supplier Climate A List, CDP Supplier Engagement Leader Board, FTSE4Good indexes, Ethibel Sustainability Index (ESI) Excellence Europe, Euronext Vigeo - Eurozone 120, Euronext Vigeo - Europe 120, Stoxx Global ESG Leaders Index.
