Rubis

RUBIS: Combined Shareholders' Meeting of June 10, 2021

Thursday, June 10, 2021 - 5:04pm

The Combined Shareholders' Meeting of Rubis was held on Thursday, June 10, 2021, at 2.00 p.m. under the chairmanship of Mr. Gilles Gobin.

Key Points: 
  • The Combined Shareholders' Meeting of Rubis was held on Thursday, June 10, 2021, at 2.00 p.m. under the chairmanship of Mr. Gilles Gobin.
  • Due to the health situation, this Shareholders' Meeting was exceptionally held behind closed doors at Salons Hoche, 9 avenue Hoche, 75008 Paris, France.
  • The Shareholders' Meeting was webcast live on the Company's website ( www.rubis.fr/en/ ) and is still available for replay on the same site, via the following link: 2021 General Meeting (royalcast.com) .
  • They are published on the Company's website ( www.rubis.fr/en/ ), under the tab "Shareholders - General Meeting - General Meeting June 10, 2021 - Other Documents".

RUBIS: Rubis adopts Wiztrust to certify its information

Wednesday, June 2, 2021 - 5:06pm

In order to secure its communication towards the market, Rubis decided to use Wiztrust, a certification solution for information in the blockchain, developed by the French company Wiztopic.

Key Points: 
  • In order to secure its communication towards the market, Rubis decided to use Wiztrust, a certification solution for information in the blockchain, developed by the French company Wiztopic.
  • Market manipulation, by sending out false or misleading information about a company, is a growing risk against which Rubis wishes to protect itself.
  • As of June 1, 2021, each press release published by Rubis has a unique fingerprint in the blockchain.
  • An explanation of this method of certifying information, used every day by many CAC 40 and SBF 120 companies, is given in this video .

Rubis: Results from the capital increase reserved for Group employees

Thursday, May 20, 2021 - 5:04pm

b"Dissemination of a French Regulatory News, transmitted by EQS Group.\nThe issuer is solely responsible for the content of this announcement.\nRubis had announced, on February 5, 2021, a capital increase reserved for eligible employees of the companies belonging to the Corporate Savings Plan, Rubis Avenir.

Key Points: 
  • b"Dissemination of a French Regulatory News, transmitted by EQS Group.\nThe issuer is solely responsible for the content of this announcement.\nRubis had announced, on February 5, 2021, a capital increase reserved for eligible employees of the companies belonging to the Corporate Savings Plan, Rubis Avenir.
  • The maximum nominal amount authorized by the shareholders at the June 11th, 2019 meeting was \xe2\x82\xac700,000 (560,000 Rubis shares) from which was deducted the amount of \xe2\x82\xac128,546.25 (102,837 Rubis shares) used for the capital increase reserved for the Group's employees of 2020.\nThe subscription price had been set at \xe2\x82\xac26.35, which, pursuant to Article L 3332-19 of the French Labor Code, represents 70% of the average of the opening rates quoted during the 20 trading days preceding the decision of the Board of Management of January 4, 2021.\nThe subscription period was extended from March 22 to April 9, 2021.\nThe funds invested into Rubis shares through FCPE Rubis Avenir will be available at the end of a 5-year lock-up period, except in the case of an early release.\nAt the end of the subscription, Rubis confirmed that 683 employees, or 66.31% of the eligible employees, thus subscribed to the capital increase, in the amount of \xe2\x82\xac6,999,245.10.\n265,626 new ordinary shares (or 0.26% of outstanding shares) were issued on May 19, 2021.\nThe new shares are eligible for dividends as of January 1, 2021 and they are not entitled to the dividend in respect of the 2020 financial year.
  • They are considered to be of the same rank as existing shares.
  • Their acceptance for trading on the Euronext Paris market was requested as from their issuance, on a second listing line, in comparison with the existing shares.\nAt the end of this transaction, the share capital of Rubis was brought up to \xe2\x82\xac129,872,256.25, divided into 103,891,115 ordinary shares and into 6 690 preferred shares, with a nominal value of \xe2\x82\xac1.25.\n"

RUBIS: Business model demonstrates remarkable resilience - Capacity to rebound remains intact as investments continue

Thursday, March 11, 2021 - 5:03pm

General business operations have shown exceptional resilience with volumes down 8% at current scope and 16% like-for-like, thanks to the Group's multi-country and multi-segment positioning as well as its dual midstream/downstream structure.

Key Points: 
  • General business operations have shown exceptional resilience with volumes down 8% at current scope and 16% like-for-like, thanks to the Group's multi-country and multi-segment positioning as well as its dual midstream/downstream structure.
  • Thus, the LPG segment (-5%) serving the residential and agrifood sectors held up very well, while sales of jet fuel for the aviation activity were particularly affected (-51%).
  • The Group's financial situation at the end of the year remains very solid, with a ratio of net debt/EBITDA less than 0.4.
  • Main objective is to increase the intrinsic value of the Rubis share while preserving its ability to pursue acquisitions.

RUBIS: Capital increase reserved for Group's employees

Friday, February 5, 2021 - 5:01pm

of the French Labor Code, to perform a capital increase by issuing shares reserved for eligible employees of companies participating in the Rubis Avenir Company Savings Plan (companies based in France) under the conditions described below.

Key Points: 
  • of the French Labor Code, to perform a capital increase by issuing shares reserved for eligible employees of companies participating in the Rubis Avenir Company Savings Plan (companies based in France) under the conditions described below.
  • The maximum nominal amount authorized by the Ordinary and Extraordinary Shareholders' Meeting of June 11, 2019 in respect of capital increases reserved for employees, is 700,000 (560,000 shares) including the amount of 128,546.25 (102,837 shares) resulting from the capital increase reserved for eligible employees in 2020.
  • Rubis has performed a capital increase reserved for employees each year since the fund's establishment.
  • As of December 31, 2020, employees of the Group held 1.32% of Rubis' share capital through the Rubis Avenir mutual fund.

RUBIS: Half-year statement on Rubis' liquidity agreement with Exane BNP Paribas

Thursday, January 7, 2021 - 5:05pm

The issuer is solely responsible for the content of this announcement.

Key Points: 
  • The issuer is solely responsible for the content of this announcement.
  • This document is a translation of the original French document and is provided for information purposes only.
  • The original French version takes precedence over this translation.
  • Pursuant to the liquidity agreement that Rubis has entered into with Exane BNP Paribas, the liquidity account presented the following balances as at the settlement date of 31 December 2020:

RUBIS: Volumes return to normal - robust growth in unit margins: up 10%

Thursday, November 5, 2020 - 5:02pm

The number of gas stations has risen by 83% since 2017 from 583 to 1,065 through acquisitions and the construction of new sites.

Key Points: 
  • The number of gas stations has risen by 83% since 2017 from 583 to 1,065 through acquisitions and the construction of new sites.
  • Rubis Support and Services encompasses the trading, logistics and shipping operations for business customers and the activities of SARA (refinery).
  • Total storage revenue for the Rubis Terminal joint venture (incorporating 50% of the Antwerp site) rose 4% to 45 million.
  • Total trading revenue, incorporating 50% of the Zeller joint venture, amounted to 39 million (-33%), tied to the fall in international prices.

Rubis Terminal Infra Announces Offering of Additional Senior Secured Notes

Thursday, October 8, 2020 - 8:01am

Rubis Terminal Infra, a limited liability company (socit par actions simplifie) organized under the laws of France (the "Issuer") and member of the Rubis Terminal group (the "Group"), has launched an offering of 150.0 million aggregate principal amount of temporary 5.625% senior secured notes due 2025 (the "Temporary Notes") as part of the financing for the acquisition by the Group of Terminales Portuarias, S.L., a sociedad limitada organized under the laws of Spain ("Tepsa").

Key Points: 
  • Rubis Terminal Infra, a limited liability company (socit par actions simplifie) organized under the laws of France (the "Issuer") and member of the Rubis Terminal group (the "Group"), has launched an offering of 150.0 million aggregate principal amount of temporary 5.625% senior secured notes due 2025 (the "Temporary Notes") as part of the financing for the acquisition by the Group of Terminales Portuarias, S.L., a sociedad limitada organized under the laws of Spain ("Tepsa").
  • On or about the completion date of the Tepsa acquisition, the Temporary Notes will be automatically exchanged for an equal aggregate principal amount of the Issuer's additional 5.625% senior secured notes due 2025 (the "Additional Notes") which will have the same terms as, and constitute a single class of debt securities with, the Issuer's 410 million aggregate principal amount of 5.625% Senior Notes due 2025 (the "Original Notes") that were issued on May 19, 2020.
  • The Additional Notes, when issued, will trade under the same ISIN and Common Code numbers as the Original Notes.
  • Pending consummation of the Tepsa acquisition, the gross proceeds of Temporary Notes will be deposited into an escrow account for the benefit of the holders of the Temporary Notes.

RUBIS: Availability of the 2020 half-year financial report

Thursday, September 17, 2020 - 5:05pm

This document is a translation of the original French document and is provided for information purposes only.

Key Points: 
  • This document is a translation of the original French document and is provided for information purposes only.
  • In all matters of interpretation of information, views or opinions expressed therein, the original French version takes precedence over this translation.
  • Rubis announced today that its 2020 half-year financial report as of June 30, 2020 is available.
  • This report has been filed with the French Financial Markets Authority (AMF).

RUBIS: Great resilience in the face of Covid - EBITDA: down 11% - Net income: down 11%

Thursday, September 17, 2020 - 5:04pm

Of the 44 million like-for-like drop in the gross distribution margin in Q2, 97% is attributable to the fall in volumes.

Key Points: 
  • Of the 44 million like-for-like drop in the gross distribution margin in Q2, 97% is attributable to the fall in volumes.
  • The worst impact was felt in the area of white goods, and notably aviation, where the sharp drop in sales did not allow for normal inventory turnover.
  • The results of the SARA refinery are governed by the application of a decree setting profitability at 9% of shareholders' equity.
  • After refinancing, the net income (Group share) of the Rubis Terminal JV totalled 11 million, down 12%.