Safe Orthopaedics announced today that its Board of Directors has decided to carry out a reverse stock split of 1 new share with a par value of 37 euros against 3,700 existing shares with a par value of 0.01 euros.

The purpose of the reverse stock split is to reduce the volatility of the Safe share price and promote its stabilization.

The reverse stock split is a share exchange operation, with no impact on the amount of share capital: only the par value of the share and, correlatively, the number of shares in circulation, are modified.

The reverse stock-split will begin on Thursday January 26, 2023, and end on Friday February 24, 2023, and the new consolidated shares will be listed on Monday February 27, 2023.


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