This doc will not be distributed, instantly or not directly, within the United States of America, Canada, Australia or Japan.Global Bioenergies launches a fundraising operationof approximately €10 millionCapital enhance geared toward institutional buyers and at retail buyers (by way of the PrimaryBid platform)Irrevocable subscription commitments from the L’Oréal group and the Cristal Union group, the historic shareholdersClosing of the providing earlier than the markets open tomorrow morningEvry, 13 December 2021: Global Bioenergies (the “Company”), the one firm on the planet to have developed a course of to transform plant-derived assets into isododecane and different compounds used within the cosmetics trade, in addition to within the power and supplies sectors, is as we speak asserting the launch of a capital enhance geared toward institutional buyers, and at retail buyers (by way of the PrimaryBid platform) (the “Offering”). The function of the Offering is to supply the Company with the means to:proceed the industrial improvement, end the development, begin the commercial manufacturing and finance the working capital necessities of the Pomacle-Bazancourt unit: manufacturing of biosourced isododecane meant for the area of interest make-up market (for approximately 50% of the funds raised by the Offering);conduct the engineering work and roll out the projected plant, which in 2024 will produce on the scale of 1,000 tons to produce the bigger skincare and haircare markets (for approximately 25% of the funds raised by the Offering);pursue R&D efforts geared toward lowering the working price of the method for a use in commodity and sustainable aviation gasoline purposes inside 5 years, and diversify industrial alternatives (for approximately 25% of the funds raised by the Offering).Marc Delcourt, Chief Executive Officer and co-founder of the Company, stated: “The commissioning of our new Pomacle-Bazancourt unit in early 2022 will permit us to market the preliminary tons of our biosourced isododecane to industrialists wishing to take a extra pure method to their longwear make-up ranges. Several discussions have been initiated on this regard, all of which have targeted on multi-year preparations geared toward giving industrialists growing entry to this revolutionary ingredient. We are already planning to scale as much as 1000’s of tons to handle the adjoining skincare and haircare markets, with the purpose of beginning manufacturing in 2024.”Story continuesThe Offering will likely be carried out in two distinct however concomitant elements:difficulty of new shares with out preferential subscription rights in favor of the Company’s industrial or industrial companions and/or personal fairness funds investing within the biotechnology, inexperienced power, cosmetics or retail sectors, pursuant to Article L. 225-138 of the French Commercial Code (the “Issue Reserved for a Category of Persons”);public providing to retail buyers by way of the PrimaryBid platform, which will likely be carried out based on a proportional allocation to the calls for, throughout the restrict of the quantity allotted to this supply to the general public, and with allocations decreased within the occasion of extra demand, if any, on the premise of Article L. 225-136 of the French Commercial Code (the “PrimaryBid Offering”).The Offering, with out preferential subscription rights for shareholders, will likely be carried out pursuant to the ninth and eleventh resolutions of the General Meeting of 18 June 2021.The whole quantity of the Offering, which is predicted to be approximately €10M (of which a most of €1M for the PrimaryBid Offering), will due to this fact rely completely on the orders acquired for every of the aforementioned elements, with out the likelihood of reallocation of the quantities allotted from one to a different. It is specified that the PrimaryBid Offering is ancillary to the Issue Reserved for a Category of Persons and represents lower than 33% of the preliminary quantity (in addition to the ultimate quantity realized if any) of the Issue Reserved for a Category of Persons. In any occasion, the PrimaryBid Offering is not going to be accomplished if the capital enhance ensuing from the Issue Reserved for a Category of Persons shouldn’t be carried out.The Issue Reserved for a Category of Persons will likely be carried out by means of an accelerated bookbuilding course of, on the finish of which the quantity and worth of the brand new shares will likely be decided. The subscription worth of the brand new shares would be the identical for every of the elements of the Offering and will likely be decided in accordance with the ninth and eleventh resolutions of the General Meeting of 18 June 2021.The Offering will begin instantly on the shut of buying and selling on Monday 13 December 2021. The PrimaryBid Offering will shut at 10:00 p.m., the Issue Reserved for a Category of Persons is predicted to shut earlier than the markets open on Tuesday 14 December 2021, topic to early closing or extension.The Company will announce the outcome of the Offering, the dilution and the brand new shareholding construction in a press launch as quickly as attainable after the order ebook is closed. The last quantity of new shares, the quantity of the subscription worth and the low cost will likely be determined by the Chief Executive Officer utilizing the sub-delegation granted to him by the Board of Directors at its assembly of 24 November 2021 pursuant to the ninth and eleventh resolutions of the General Meeting of 18 June 2021.The new shares will likely be assimilated with the prevailing shares and would be the topic of an software for admission to buying and selling on Euronext Growth on the identical line. The settlement-delivery and admission to buying and selling of the brand new shares on Euronext Growth would happen on 16 December 2021.Subscription intentions and commitments of the primary shareholders and new buyersAs half of the Offering, the L’Oréal group, by its BOLD Business Opportunities for L’Oréal Development personal fairness fund, has undertaken, topic to sure situations, to subscribe in proportion to its stake of the Company’s capital (i.e. 13.3%) in a most quantity of €2M.The Cristal Union group, by way of its Cristal Financière holding firm, has additionally undertaken, topic to sure situations, to subscribe within the quantity of €150K.Risk componentsThe Company notes that the chance components regarding the Company and its enterprise are set out in its 2020 annual monetary report, which is on the market free of cost on the Company’s web site (https://www.globalbioenergies-invest.com/information-reglementee/documents-de-reference-et-rapports-annuels/).The materialisation of some or all of these dangers may have an adversarial affect on the Company’s enterprise, monetary place, outcomes, improvement or outlook. The danger components set out within the aforementioned doc are unchanged as of the date of this press launch.Investors must also think about the next dangers particular to the Offering:the market worth of the shares may fluctuate and fall beneath the subscription worth of the shares issued in reference to the Offering;the volatility and liquidity of the Company’s shares may fluctuate considerably;gross sales of the Company’s shares may happen in the marketplace and have an adversarial affect on the Company’s share worth; andthe Company’s shareholders may endure a probably important dilution ensuing from attainable future capital will increase.Financial intermediariesTP ICAP Midcap is appearing as sole Lead Manager and Bookrunner.Within the framework of the PrimaryBid Offering, buyers will solely have the ability to subscribe by way of the PrimaryBid companions talked about on the PrimaryBid web site (https://primarybid.fr/).ProspectusPursuant to the provisions of Article 211-3 of the General Regulation of the Autorité des Marchés Financiers (AMF) and Articles 1.4 and three of Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017, the Offering is not going to give rise to a prospectus authorised by the AMF.About GLOBAL BIOENERGIESGlobal Bioenergies has developed a course of to transform plant-derived assets into a household of compounds used within the cosmetics trade in addition to the power and supplies sectors. In 2021, the Group entered the market with the launch of LAST®, its personal make-up model with formulation based mostly on a key ingredient produced by way of its expertise. The Company is consistently looking for to reinforce the efficiency of its course of whereas step by step ramping up manufacturing capacities so as to provide components to main cosmetics producers, thereby selling naturalness within the trade while bettering its carbon footprint. Some of these compounds may also be used to supply renewable plastics, rubbers and paints. Lastly, Global Bioenergies can also be aiming to cut back CO2 emissions within the aviation sector and thereby curb world warming. Global Bioenergies is listed on Euronext Growth Paris (FR0011052257 – ALGBE).Receive details about Global Bioenergies instantly by subscribing to our information feed on www.global-bioenergies.comFollow us on Twitter: @GlobalBioenergiContactGLOBAL BIOENERGIESPauline BayecHead of Investor Relations & Corporate CommunicationTel.: +33 (0)1 64 98 20 50Email: make [email protected] This press launch, and the knowledge contained herein, don’t represent a suggestion to promote or subscribe, or the solicitation of an order to purchase or subscribe, for the shares of the Company in any nation. Pursuant to the provisions of Article 211-3 of the General Regulation of the Autorité des Marchés Financiers (the “AMF”), and Articles 1.4 and three of Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017 (the “Prospectus Regulation”), the Offering is not going to give rise to a prospectus authorised by the AMF.The distribution of this press launch could also be topic to particular laws in some international locations. Consequently, individuals bodily current in these international locations and through which the press launch is circulated, revealed or distributed should inform themselves of and adjust to these legal guidelines and laws.This press launch constitutes a promotional communication and never a prospectus throughout the which means of the Prospectus Regulation.This press launch doesn’t represent a suggestion to promote securities or any solicitation of a suggestion to purchase or subscribe for securities within the United States of America. The shares or every other securities of the Company might solely be supplied or offered within the United States of America following a registration below the U.S. Securities Act of 1933 (the “Securities Act”), as amended, or pursuant to an exemption from such registration requirement. The Offering might exceptionally be geared toward a restricted quantity (i) of certified institutional patrons within the United States of America (“certified institutional patrons” or “QIB”) throughout the which means of Rule 144A (“Rule 144A”) below the U.S. Securities Act of 1933, as amended and/or (ii) institutional accredited buyers (“institutional accredited buyers” or “IAI”) throughout the which means of Rule 501 (a) (1), (2), (3), (7), (8), (12) or (13) of Regulation D of the Securities Act pursuant to an exemption from registration in accordance with Section 4(a)(2) of the Securities Act, notably throughout the framework of the Issue Reserved for a Category of Persons, topic to getting into into the classes decided in accordance with Article L. 225-138 of the French Commercial Code (Code de commerce). The shares of the Company will solely be supplied or offered outdoors the United States of America and within the framework of offshore transactions in accordance with Regulation S of the Securities Act. The Company doesn’t intend to register the Offering in complete or partially within the United States of America or to make a public providing within the United States of America. With respect to Member States of the European Economic Area, no motion has been or will likely be taken to allow a public providing of the securities lined by this press launch requiring the publication by the Company of a prospectus in a Member State aside from France. Accordingly, the shares of the Company will not be supplied and won’t be supplied in any Member State aside from France, besides in circumstances not requiring the publication by the Company of a prospectus below the Prospectus Regulation and/or the laws relevant in that Member State.As regards the United Kingdom, the press launch is meant solely for individuals who (i) are funding professionals throughout the which means of Section 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as at present in drive, hereinafter the “Financial Promotion Order”), (ii) are referred to in Section 49(2) (a) to (d) (“excessive internet price corporations, unincorporated associations and so forth.”) of the Financial Promotion Order, (iii) are outdoors the United Kingdom, or (iv) are individuals to whom an invite or inducement to interact in funding actions (throughout the which means of Section 21 of the Financial Promotion Order) in reference to the difficulty or sale of any securities might lawfully be communicated, instantly or not directly (all such individuals collectively being known as the “Authorised Persons”). This press launch is meant for Authorised Persons solely and will not be utilized by any individual aside from an Authorised Person.This press launch should not be revealed, distributed or circulated, instantly or not directly, within the United States of America, Canada, Australia or Japan. This press launch accommodates info on the goals of the Company in addition to forward-looking statements. This info shouldn’t be historic knowledge and shouldn’t be interpreted as a assure that the acknowledged info and knowledge will materialise. This info is predicated on knowledge, assumptions and estimates thought-about cheap by the Company. The Company can’t anticipate all of the dangers, uncertainties or different components which will have an effect on its enterprise, their potential affect on its enterprise or to what extent the materialisation of any danger or mixture of dangers may have outcomes considerably totally different from these talked about in any forward-looking assertion. This info is given solely as of the date of this press launch. The Company makes no dedication to difficulty updates of this info or the assumptions on which it’s based mostly, besides as could also be required by any authorized or regulatory obligation.Lastly, this press launch could also be issued in French and in English. In the occasion of variations between the 2 texts, the French model shall prevail.Attachment
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