ForHealthy NV to effect a reverse share split

Hoofddorp, the Netherlands, 6 March 2024. ForHealthy NV (formerly IGEA Pharma NV) today announced that its extraordinary general meeting held on 27 February 2024 has approved a 1-for-200 reverse share split of the Company’s outstanding ordinary shares. Record date of the reverse share split is 11 March 2024, 17:45 CET.

The goal of the reverse share split is to increase the expected per share value of the Company issued and outstanding shares.

The 1-for-200 reverse share split will automatically convert 200 current shares in the share capital of the Company with nominal value of EUR 0.01 into one share in the share capital of the Company with a par value of EUR 2.00. The reverse share split will therefore not modify the issued and outstanding as well as the authorized share capital of the Company. The ISIN code of the shares will remain unchanged.

Any difference in the number of shares to each shareholder deriving from the conversion of 1-for-200 shares will be rounded down to the nearest unit, and shareholders will not be entitled to any cash or other compensation of the rounded-down fraction.

Shares of the Company exists in book-entry form only. Shareholders are therefore not required to take any action and the reverse share split will be effected without any direct costs to be borne by the shareholders. Van Lanschot Kempen, as the Company’s paying agent, will act as the exchange agent for the reverse share split.

About ForHealthy

ForHealthy N.V. (formerly IGEA Pharma NV) operates on preventative health-tech products and devices commercializing an Alzheimer’s prevention set (which includes ‘Alz1’, an at-home lab test kit to measure non-bound copper in the blood and a natural dietary supplement branded ‘Alz1 Tab’ designed to reduce blood heavy metals content) and expects to integrate the non-bound copper detection-based pipeline with a diabetes type Il prevention set in the next future.

ForHealthy is headquartered in Hoofddorp, the Netherlands. Find out more at About us


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