OL GROUPE : BONDS WITH OPTION TO CONVERT AND/OR EXCHANGE INTO NEW SHARES WILL MATURE ON 28 DECEMBER 2015

information fournie par Actusnews •30/11/2015 à 12:00

On 28 December 2015, OL Groupe will repay all of the 2015 bonds convertible or exchangeable into new or existing shares (Isin code FR0010978932 – hereinafter the “2015 OCEANEs”) still outstanding as of the repayment date and on which the right to receive shares has not been exercised.

The holders of 2015 OCEANEs will have the option to exercise their right to receive shares until 16 December 2015 inclusive, at the rate of 1.502 shares for each 2015 OCEANE. For the holders who will not have exercised their right to receive shares, repayment will be made at par, i.e. at €7.26 per 2015 OCEANE, plus interest accrued since the last interest payment date.
In light of the 549,547 2015 OCEANEs still outstanding as of 25 November 2015, and assuming that all holders choose to receive shares, the maximum number of shares that could be created is 825,420, subject to adjustments to the conversion ratio.

Requests to exercise the right to receive shares must be received no later than 16 December 2015 at 5 pm (Paris time), by CM-CIC Securities in its role as centralising agent.

Disclaimer
This announcement does not, and shall not, in any circumstances constitute a public offering nor an invitation to the public in connection with any offer.

The distribution of this document may be restricted by law in certain jurisdictions. Persons into whose possession this document comes are required to inform themselves about and to observe any such restrictions.

This announcement is an advertisement and not a prospectus within the meaning of Directive 2003/71/EC of the European Parliament and of the Council of 4 November 2003, as amended (the “ Prospectus Directive ”).

With respect to the member States of the European Economic Area which have implemented the Prospectus Directive, no action has been undertaken or will be undertaken to make an offer to the public of the securities referred to herein requiring a publication of a prospectus in any relevant member State other than France. As a result, the securities may not and will not be offered in any relevant member State other than France except in accordance with the exemptions set forth in Article 3(2) of the Prospectus Directive, if they have been implemented in that relevant member State, or under any other circumstances which do not require the publication by the Company of a prospectus pursuant to Article 3 of the Prospectus Directive and/or to applicable regulations of that relevant member State.

This document may not be distributed, directly or indirectly, in or into the United States. This document is not an offer of securities for sale nor the solicitation of an offer to purchase securities in the United States or any other jurisdiction where such offer may be restricted. Securities may not be offered or sold in the United States absent registration under the U.S. Securities Act of 1933, as amended (the “ Securities Act ”), or an exemption from registration. The shares of the Company have not been and will not be registered under the Securities Act, and the Company does not intend to make a public offer of its securities in the United States.

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