SECTION 598

Shareholders shall be informed of the issuance of new shares and its terms by a notice containing among other things, in addition to the particulars provided for in article 257-1, the following information: 1) the number and nominal value of shares and the amount of increase of capital; 2) the issue price of shares to be subscribed for and, where applicable, the total amount of the issue premium; 3) the locations and dates of opening and close of the subscription; 4) the existence, in favor of shareholders, of a pre-emptive subscription right; 5) the amount immediately due per subscribed share; 6) the indication of the bank or the notary in charge of receiving the funds; 7) where appropriate, a brief description, assessment and methods of payment for contributions in-kind included in the capital increase, with a statement on the provisional nature of such assessment and method of payment. In the event of issuance of securities giving access to capital, the notice shall also state the main characteristics of the securities, including terms for allotment of shares to which they give entitlements, as well as the dates on which the allotment rights may be exercised.