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Hopium details the consolidation of its shares

Stock price chart of HOPIUM (EPA:ALHPI) showing fluctuations.

On July 3, 2025, Hopium announced the schedule and specifications of its share consolidation. This purely technical transaction aims to exchange eighty shares with a par value of one euro cent for one new share worth eighty cents. The consolidation period runs from July 15 to August 15, 2025. Listing of the new shares will begin on August 18, 2025, with the temporary suspension of security holders' rights as of July 9, 2025.

The reverse stock split reduces the company's total share count to approximately 66.6 million, establishing a mandatory conversion or delisting requirement for non-reverse split shares. The objective is to streamline the capital structure without affecting the total value of shares held by shareholders. Necessary adjustments will be applied to the relevant warrants and convertible bonds.

R. E.

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