Eduform'Action Sets the Exercise Price of its Warrants at 0.318 Euros
The professional training group Eduform'Action has announced the exercise price of the stock warrants (BSA) attached to the shares issued in December 2025. The first exercise window, open from January 12 to January 23, 2026, is set at 0.318 euros per share, according to the press release.
Exercise Period Details
According to the press release, the first exercise period for the BSA attached to the new shares issued on December 3, 2025, started on January 12, 2026, at market opening and ends on January 23, 2026, at market close. The exercise price for this period has been set at 0.318 euros per share. This amount is the result of applying a 15% discount on the reference price of 0.374 euros, which corresponds to the average closing prices of the five trading days immediately preceding the opening of the exercise period. The group specifies that this calculation mechanism had been detailed in its press release of November 6, 2025.
Exercise Price Calculation
According to the group, the exercise price of the BSA is determined using a formula that takes into account two parameters. It corresponds to the lower of two amounts: on one hand, the average of the closing prices observed over the five trading days preceding the opening of each exercise period, reduced by a 15% discount, and on the other hand, the exercise price set during the previous exercise period. For this first exercise window, only the first criterion applies, in the absence of a previous reference period. The group indicates that this mechanism aims to allow BSA holders to exercise their rights under predefined conditions.
Company Profile
Founded in January 2022, the Eduform'Action group positions itself as a key player in initial, continuing, and apprenticeship training, according to the press release. The company encompasses a network of schools, apprentice training centers, and training organizations operating in several high-demand sectors: health and safety at work, digital and technologies, housing and energy renovation, as well as human capital. The group aims to train talents and meet the skill needs of private companies and public sector actors. Eduform'Action is listed on Euronext Access Paris under the mnemonic MLEFA, with the ISIN code FR0010882886, and is eligible for inclusion in the equity savings plan (PEA).
