Ercros S A : announces the registration of the share capital reduction
July 27, 2023 at 11:12 am
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Barcelona, July 27, 2023. - In accordance with the provisions of article 227 of Law 6/2023, of March 17, on Securities Markets and Investment Services, Ercros, S.A. (hereinafter "Ercros" or "the Company"), and as a continuation of the other relevant information published on July 3, 2023 (number 23.385), hereby announces the following:
Ercros reports that, on July 24, 2023, the public deed of the reduction of its share capital amounting to EUR 1,548,897.00 has been registered in the Mercantile Register of Barcelona, corresponding to the cancellation of 5,162,990 own shares of EUR 0.30 of nominal value, representing 5.34% of the share.
The shares to be cancelled were acquired by the Company in the framework of the shareholder remuneration policy. By means of the cancellation of these shares, the shareholders automatically increase their percentage of participation in the share capital.
Following this reduction, Ercros' share capital amounts to 27,430,859.70 euros and is represented by 91,436,199 shares.
As a result of this operation, article 3 of Ercros' bylaws has been amended, which reads as follows:
«Article 3. Share capital
The share capital is twenty-seven million, four hundred and thirty thousand, eight hundred and fifty-nine euros and seventy cents (EUR 27,430,859.70) and is represented by ninety-one million, four hundred and thirty-six thousand, one hundred and ninety-nine (91,436,199) ordinary shares with a nominal value of 30 euro cents (EUR 0.30) each, which constitute a single class, are fully paid up and represented by means of book entries.»
Ercros SA published this content on 27 July 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 July 2023 15:11:10 UTC.
Ercros SA is a Spain-based company engaged, together with its subsidiaries, in the chemical industry. The Companyâs products are structured into three business lines: Businesses Associated to Chlorine, which comprises the production of chlorine, ethyl acetate, caustic soda, sodium hypochlorite, dichloroethane, chloromethane, sodium chlorate and caustic potash, polyvinyl chloride (PCV), as well as water disinfectants; Intermediate Chemicals, which produces formaldehyde, glues and resins for the fiberboard and plywood industries, and Pharmaceuticals, which comprises raw material and intermediate products used in the pharmaceutical industry. The Company owns such subsidiaries as Marcoating SLU, Gades Ltd and Ercekol AIE, among others. In April 2014, it sold Fosfatos de Cartagena SLU to Timab Iberica.
ERCROS, S.A. 
