Michel Dancoisne, the Chairman of Wavestone`s Supervisory Board, has informed the company of a reclassification of part of his stake in the company`s share capital, which will have no effect on the control of Wavestone. On December 10, 2019, Michel Dancoisne transferred 2,287,509 Wavestone shares, which represent 14.00% of the company`s share capital, to a family holding company, named FDCH, which he controls exclusively. The transfer was effected through the sale of 172,477 shares(1) and a contribution of 2,655,032 shares to FDCH; Michel Dancoisne retains direct ownership of 1,195,179 shares. In parallel, on December...
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