New shares renounced by the shareholder without naming the beneficiaries may be subscribed
for as reducible under the conditions set forth in article 576 above or, where appropriate,
distributed among the shareholders or offered to the public under the conditions set forth inarticle
579 above.
However, where the renunciation has been notified to the company no later than on the date the
decision to increase the capital was executed, matchingshares shall be made available to other
shareholders so as to exercise their pre-emptive subscription rights on an irreducible basis and,
where appropriate, on a reducible basis.
Unofficial translation
Machine-parsed
In force from 8 September 2026
Source page 164
Section 596 of the Acte uniforme révisé relatif au droit des sociétés commerciales et du groupement d'intérêt économique/akn/ohada/act/loi/undated/auscgie-2014