Europlasma announced a 1.5 million euro capital increase on Monday evening, intended in particular to reduce its indebtedness, an announcement which caused the share price of the specialist in hazardous waste treatment to fall on Tuesday on the Paris Bourse.

The transaction will result in the issue of 1.5 million new ordinary shares at a price of one euro each, fully subscribed by Environmental Performance Financing.

Following completion of the transaction, Environmental Performance Financing will hold 26.85% of the company's capital.

Europlasma plans to use these funds to partially reduce its debt and preserve its financing capacity to continue deploying its development strategy, in particular to seize any strategic investment opportunities.

In terms of dilution, the interest of a shareholder holding 1% of the company's share capital prior to the issue reserved for Environmental Performance Financing will be reduced to 0.73% following the operation.

The share, which had opened down by 25% on Tuesday morning, accentuated its decline in the early afternoon, falling by more than 48%.

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