Press Release / LaCie


Paris, October 3, 2013 - Seagate announces that following its mandatory public offer on LaCie (opened from 21 September 2012 to 19 October 2012) and subsequent market purchases, it holds 34,375,788 shares and voting rights of LaCie, representing 94.85% of the share capital and the voting rights. Taking into account the 60,000 treasury shares held by LaCie, the number of shares and voting rights of LaCie held by minority shareholders represent less than 5% of the capital and voting rights of LaCie.

Seagate therefore intends to file a simplified cash public offer to be followed by a squeeze out process (retrait obligatoire) by the end of year 2013, at a price of Euro 4.50 per LaCie share (such price being equal to the price at which the above offer was made), subject to the review of an independent expert appointed by the board of directors of LaCie and the approval of the Autorité des marchés financiers.

LaCie will release its financial statements for the financial year ended June 30, 2013 on November 7, 2013.

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