1-for-3 stock split

17/06/05

 

At the Joint General Meeting held on June 14, 2005, Audika’s shareholders virtually unanimously approved a 1-for-3 stock split. As a result, shareholders who held 1 Audika share prior to the split now hold 3 shares, with the par value thereof also divided by 3. The split will be implemented by Euronext on July 1, 2005. Following this transaction, the number of shares in Audika will stand at 9,450,000.

 

The principal aims of the operation are to make share ownership more accessible and to increase the company’s liquidity, thereby confirming Audika’s determination to pursue an active market strategy whilst strengthening shareholder relations.

 

 

About Audika:

 

With 300 centers in 74 different regions and a 13% market share, Audika is the number one network offering hearing correction consulting and solutions in France. Positioned on the market for hearing correction solutions for senior citizens, which is not affected by changes in the economic environment, Audika aims to consolidate its leadership in a sector that remains very highly fragmented. Audika is listed on Eurolist SMALL 90, segment B.

 

ISIN FR0000063752-ADI

Reuters DIKA.PA

Bloomberg ADI



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Audika contact: Alain Tonnard / Etienne Sirand-Pugnet on +33 (0) 1 55 37 30 30

Kaparca Finance contact: Guillaume Le Floch on +33 (0) 1 72 74 82 25



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