Bluelinea Announces a €1.5 Million Capital Increase
The Silver Economy specialist announces the launch of a capital increase of approximately €1.5 million through the issuance of 8.2 million shares at a price of €0.18 each. The Apicil group, the majority shareholder holding 81% of Bluelinea, guarantees 100% of this operation, ensuring its success.
A Fixed-Price Capital Increase of €1.5 Million
Bluelinea is proceeding with a capital increase while maintaining the preferential subscription rights (PSR). The operation involves the issuance of 8,187,116 new shares at a unit price of €0.18 (including €0.01 nominal value and €0.17 issue premium). The proposed parity is 4 new shares for every 9 existing shares. The expected net proceeds amount to approximately €1.45 million after deduction of expenses.
The subscription will be open from July 8, 2026, to July 20, 2026, inclusive. The preferential rights will be listed and traded on Euronext Growth Paris from July 6, 2026, to July 16, 2026, inclusive, under the ISIN code FR0014019K49. The new shares will be subject to a request for admission to trading on July 27, 2026, and will be assimilated with the existing shares under the same ISIN code (FR0011041011, mnemonic ALBLU).
Repayment of an Advance from Apicil Group
The entire net proceeds from the capital increase are intended to repay a current account advance of €1.5 million granted by the Apicil group to Bluelinea. This operation aims to consolidate the company's equity and net cash position. The Apicil group, the majority shareholder, has committed to covering 100% of the capital increase by subscribing irrevocably to its share of the capital and on a reducible basis for the balance of the operation.
Subscription Mechanisms and Schedule
Each shareholder will receive 1 PSR per share held at the end of the accounting day on July 1, 2026. Subscriptions will be made on an irrevocable basis, allowing each shareholder to maintain their stake in the capital according to their rights. A reducible subscription is also offered for shares not absorbed during the irrevocable subscription, served on a pro-rata basis of the number of old shares used to support the irrevocable subscription.
Shareholders who wish to subscribe to fewer shares than their PSRs allow may buy or sell PSRs during their trading period. The settlement-delivery of the new shares is scheduled for July 27, 2026. The Company has financial visibility of more than 12 months from the date of this release, taking into account the proceeds from this capital increase.
