March 8, 2022.
CYBERGUN, a global player in recreational shooting, announced this Friday, March 4, 2022[1] a merger project with VERNEY-CARRON, France’s oldest arms manufacturer, to bring together France’s leading player in small arms. Today, CYBERGUN clarifies aspects of the proposed funding.
As recently announced, the project carried out by CYBERGUN aims to create permanent jobs within the company VERNEY-CARRON and to support a massive recruitment and investment program of around 20 MEURS over the next 4 to 5 years to produce increase in particular. company capacity. Following consultations between the two companies, CYBERGUN has already received a number of options for funding this project. The exact terms of each of these options are being discussed with VERNEY-CARRON banking partners as well as the public authorities and will be disclosed when the Saint-Étienne Commercial Court rules on the protection plan for the VERNEY-CARRON company.
For its part, CYBERGUN does not provide for its own share of financing to be secured by the abolition of preferential subscription rights and thus will not dilute its shareholders in funding this merger project.
The merger between the two companies should be completed by the end of 2022. The completion of the latter is subject to the agreement of the accredited bank of the company VERNEY-CARRON on a plan to renegotiate the company’s bank debts. CYBERGUN will keep the market informed of any progress in this project.
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Find all the information under the title VERNEY-CARRON:
www.verney-carron.com/espace-acionnaires
About CYBERGUN:
CYBERGUN is a global player in recreational shooting, qualified as an “Innovative Company” by Bpifrance. During the financial year ended 31 December 2021, the company generated pro forma revenues of more than EUR 47 million. CYBERGUN securities (FR0013204351 – ALCYB) are eligible for FCPI, PEA and PEA-PME.
About VERNEY-CARRON:
Founded in 1820, VERNEY-CARRON is the largest and oldest manufacturer of French hunting weapons. Based in Saint-Étienne, the capital of the French army, VERNEY-CARRON manufactures and distributes a wide range of shotguns and rifles under the registered trademark VERNEY-CARRON. It also manufactures GLASS-LEVER protective ball launchers that are produced and distributed by many law enforcement agencies in France and abroad (40% of sales for export). In recent years, VERNEY-CARRON has developed and expanded its LEBEL security & defense brand, a full range of military weapons including assault rifle (VCD 15), sniper rifle (VCD 10) and 9mm rifle machine gun. caliber (VCD 9), to be issued in 2022. VERNEY-CARRON shares are listed on Euronext Access (FR0006174496 – MLVER) and are eligible for PEA-PME.
Contacts :
ACTUS finance and communications
Investor Relations: Jérôme FABREGUETTES-LEIB on +33 1 53 67 36 78
Press Relations: Déborah SCHWARTZ on +33 1 53 67 36 35
CAPITAL ASSETS
Listing Sponsor: Rodolphe OSSOLA au +33 1 56 69 61
[1] CYBERGUN AND VERNEY-CARRON AGREE TO CREATE FIRST FRENCH PLAYER IN SMALL FLOORS
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