Bouygues: Bouygues announces the successful sale of Alstom
preferential subscription rights
Press release – Paris, 17/11/2020
Bouygues announces the successful sale of Alstom
preferential subscription rights
Not for distribution, directly or indirectly, in
Canada, Australia or Japan.
Bouygues S.A. (“Bouygues”) announces the
successful sale of 16.45 million of Alstom S.A. (“Alstom”)
preferential subscription rights (the “Rights”) at a price of 2.95
euros per Right (i.e., a total amount of c.49 million euros) in an
accelerated bookbuilt offering to qualified investors (the
“Offering”). Bouygues sold the Rights in a proportion allowing to
finance the exercise of its remaining Alstom preferential
subscription rights and to participate in Alstom capital increase
with preferential subscription rights (the “Rights Issue”) by way
of a cash-neutral transaction.
This transaction confirms Bouygues’ support to
Alstom strategy and to the contemplated acquisition of Bombardier
Transportation without committing additional capital.
Settlement of the Offering is expected to take
place on 19 November, 2020.
Following the completion of the Rights Issue,
Bouygues' ownership will amount to c. 8% of Alstom's share
capital.
Alstom shares are listed on the regulated market
of Euronext in Paris (ISIN code: FR0010220475). Alstom preferential
subscription rights are listed on the regulated market of Euronext
in Paris (ISIN code: FR0014000IN0).
Not for distribution, directly or indirectly, in
Canada, Australia or Japan.
DISCLAIMER
This press release is for information purposes
only and does not constitute an offer to sell or a solicitation of
an offer to buy or subscribe any securities and does not constitute
a public offer other than the offering to qualified investors in
any jurisdiction, including France.
The sale of the Rights does not constitute a
public offer other than the offering to qualified investors only,
including in France.
No communication and no information in respect
of the sale by Bouygues of Alstom preferential subscription rights
may be distributed to the public in any jurisdiction where a
registration or approval is required. No steps have been or will be
taken in any jurisdiction where such steps would be required. The
offer or sale of the Alstom preferential subscription rights on
behalf of Bouygues may be subject to specific legal or regulatory
restrictions in certain jurisdictions. Bouygues, its shareholders
and its affiliates take no responsibility for any violation of any
such restrictions by any person.
This press release is an advertisement and not a
prospectus within the meaning of Regulation (EU) 2017/1129 of the
European Parliament and of the Council of June 14, 2017 (the
“Prospectus Regulation”).
This press release and the information contained
herein do not, and shall not, constitute an offer to sell or to
subscribe, nor a solicitation to offer to purchase or to subscribe
securities in any jurisdiction.
In France, the offer and sale of the Alstom
preferential subscription rights will be carried out through an
offer to the benefit of qualified investors, as defined in Article
2(1)(e) of the Prospectus Regulation and in accordance with article
L.411-2, 1° of the French Monetary and Financial Code and other
applicable laws and regulations. There will be no public offering
in France.
With respect to the member states of the
European Economic Area (the "Member States"), other than France, no
action has been or will be taken in order to permit a public offer
of the securities which would require the publication of a
prospectus in one of such Member States. In Member States, this
press release and any offer if made subsequently are directed
exclusively at persons who are “qualified investors” and acting for
their own account within the meaning of the Prospectus
Regulation.
In the United Kingdom, this press release is not
an invitation nor an inducement to engage in investment activity
for the purpose of Section 21 of the Financial Services and Markets
Act 2000, as amended (FSMA). This press release is directed only at
(i) persons outside the United Kingdom, (ii) investment
professionals falling within Article 19(5) of the Financial
Services and Markets Act 2000 (Financial Promotion) Order 2005 (the
Order), (iii) persons referred to in Article 49(2) (a) to (d) of
the Order (high net worth entities, non-registered associations,
etc.) and (iv) other persons to whom this document may be lawfully
communicated (all persons listed in (i), (ii), (iii) and (iv) above
being referred to as Relevant Persons). The securities of Alstom
described herein are available only to, and any invitation, offer
or agreement to subscribe, purchase or otherwise acquire such
securities will be engaged in only with Relevant Persons. Any
person who is not a Relevant Person must not act or rely on this
document or any of its contents.
Not for distribution, directly or indirectly, in
Canada, Australia or Japan.
This press release does not constitute or form a
part of any offer or solicitation to purchase or subscribe for
securities in the United States. Securities may not be offered or
sold in the United States unless they are registered under the U.S.
Securities Act of 1933, as amended (the “Securities Act”), or
exempt from registration. The preferential subscription rights of
Alstom have not been and are not being registered under the
Securities Act and neither Bouygues, nor any of its shareholders or
its affiliates intend to register any portion of the proposed
offering in the United States or to conduct a public offering of
securities in the United States. This press release is being issued
pursuant to and in accordance with Rule 135c under the Securities
Act.
Any investment decision to buy preferential
subscription rights in Alstom must be made solely on the basis of
publicly available information regarding Alstom. Such information
is not the responsibility of Bouygues and has not been
independently verified by Bouygues.
This press release may not be published,
forwarded or distributed, directly or indirectly, in Canada,
Australia or Japan.
ABOUT BOUYGUESBouygues is a diversified
services group with a strong corporate culture whose businesses are
organised around three sectors of activity: Construction, with
Bouygues Construction (building & civil works and energies
& services), Bouygues Immobilier (property development)
and Colas (roads); Telecoms, with Bouygues Telecom, and Media, with
TF1.
CONTACT INVESTISSEURS ET ANALYSTES
:INVESTORS@bouygues.com • Tél. : +33 (0)1 44 20 10 79
CONTACT PRESSE :presse@bouygues.com • Tél.
: +33 (0)1 44 20 12 01
BOUYGUES SA • 32 avenue Hoche • 75378 Paris
CEDEX 08 •
bouygues.com
- Successful sale of Alstom preferential subscription rights by
Bouygues_20201117
Bouygues (EU:EN)
Historical Stock Chart
From Mar 2024 to Apr 2024
Bouygues (EU:EN)
Historical Stock Chart
From Apr 2023 to Apr 2024