Neopost adjusts conversion ratio for Oceanes to 1.002 shares per bond

By Melissa Kory

Cleveland, July 18 - Neopost SA said it adjusted the conversion ratio for its 3.75% Oceane convertible bonds due 2015 to 1.002 shares per bond from 1 share per bond following the dividend payment approved at the annual July 5 general meeting.

Paris-based Neopost is a manufacturer of postage meters and mailroom equipment.

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