Shareholder structure


Groupe Grimaud La Corbière 15.07%
Bpifrance Participations SA  8.20%
MVM Funds
7.32%
Management and Employees
0.81%
Other Registered Shareholders
1.21%
Free Float 67.39 %
Percentages based on number of ordinary shares

Valneva's share capital is composed of:
  • 90,917,048 ordinary shares (ISIN FR0004056851), with a nominal value of €0.15;
  • 17,836,719 Preferred shares (ISIN FR0011472943), with a nominal value of €0.01; 
  • 789 preferred shares (unlisted and non-transferable) convertible into ordinary shares, with a nominal value of €0.15.
Each Preferred share having a nominal value of €0.01 will be converted into 0.5246 (rounded to 0.5250) new Valneva ordinary shares, if and when the Condition defined in article 13.3 of the Articles of Incorporation has been met.
Each Convertible preferred share having a nominal value of €0.15 will be converted into new Valneva ordinary shares if the conditions of such conversion defined in article 13.4 of the Articles of Incorporation are met. 

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