Publicis Groupe adjusts conversion ratio for 3.125% Oceanes due 2014

By Jennifer Chiou

New York, July 6 - Publicis Groupe SA announced that the conversion ratio for its 3.125% convertible bonds due 2014 in the Oceane structure has been adjusted to 1.003 shares per bond from 1 share per bond.

The update follows the approval of a dividend payment at the June 7 meeting.

Publicis is an advertising firm based in Paris. The company's stock (EPA: PUB) closed at €38.91 apiece on July 6.

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