Capgemini will implement a squeeze-out on Altran shares
April 02 2020 - 9:30AM
Capgemini will implement a squeeze-out on Altran shares
Press relations:Florence
LièvreTel: +33 1 47 54 50 71florence.lievre@capgemini.com
Investors relations:Vincent
BiraudTel: +33 1 47 54 50 87vincent.biraud@capgemini.com
Capgemini will implement a squeeze-out on
Altran shares
Paris, April 2, 2020 – In
accordance with the notice published by the French financial market
authority (Autorité des marchés financiers - AMF) today, Capgemini
(Euronext Paris: CAP) will implement on April 15, 2020 a
squeeze-out with respect to all the remaining shares of Altran
Technologies (Euronext Paris: ALT) which have not yet been
tendered.
The squeeze-out will apply to all Altran shares which have not
been tendered to the tender offer, with the exception of the
2,461,800 Altran treasury shares, i.e. 4,749,218 Altran shares
representing 1.85% of the share capital and 1.97% of the voting
rights1.
The compensation to be paid in connection with the squeeze-out
will be equal to the price of the tender offer, i.e. 14.50 euros
per Altran share.
Once Euroclear France has closed the affiliates’ accounts, the
custody account-keeping institutions will request BNP Paribas
Securities Services (Affilié 030), 9, rue du Débarcadère, 93500
Pantin, France, to make payment of the compensation for the shares
registered in their books which have not been tendered to the
tender offer, and will credit the accounts of the Altran
shareholders with the compensation due. BNP Paribas Securities
Services has been appointed by Capgemini to act as the custody
account-keeper to centralize completion of the transactions in
connection with the squeeze-out.
The funds corresponding to the compensation not requested by the
custody account-keeping institutions on behalf of the beneficiaries
will be kept by BNP Paribas Securities Services for a period of ten
years after the squeeze-out and will be transferred to the Caisse
des Dépôts et Consignations following the expiry of such period.
Such funds may be claimed at any time by their respective
beneficiaries, subject to a thirty-year statute of limitations,
after which the funds will become the property of the French
State.
Altran shares will be delisted from Euronext in Paris after the
closing of the market on April 15, 2020, the date on which the
squeeze-out will be implemented.
Capgemini's offer document and Altran's response document, as
approved by the AMF on October 14, 2019 under visa no. 19-489 and
visa no. 19-490 respectively, as well as documents relating to the
other information of each company, are available on the AMF website
(www.amf-france.org), and on the websites of Capgemini
(www.capgemini.com/altran-en) or Altran Technologies
(www.altran.com). These documents can be obtained free of charge
from Capgemini (11 rue de Tilsitt, 75017 Paris, France) or Altran
Technologies (96 avenue Charles de Gaulle, 92200 Neuilly-sur-Seine,
France), depending on whether they relate to Capgemini or Altran
Technologies.
This press release has been prepared and published in accordance
with the provisions of Article 237-3, III of the AMF general
regulations.
IMPORTANT INFORMATION
This press release is disseminated for
information purposes only and does not constitute an offer to
purchase, or a solicitation of an offer to sell, any securities of
Altran.
This press release must not be published,
broadcast or distributed, directly or indirectly, in any country in
which the distribution of this information is subject to legal
restrictions. The tender offer will not be open to the public in
jurisdictions in which its launch is subject to legal
restrictions.
The publication, broadcasting or distribution of
this press release in certain countries may be subject to legal or
regulatory restrictions. Therefore, persons located in countries
where this press release is published, broadcasted or distributed
must inform themselves about and comply with such restrictions.
Capgemini disclaims any responsibility for any violation of such
restrictions.
About CapgeminiCapgemini is a
global leader in consulting, digital transformation, technology and
engineering services. The Group is at the forefront of innovation
to address the entire breadth of clients’ opportunities in the
evolving world of cloud, digital and platforms. Building on its
strong 50-year+ heritage and deep industry-specific expertise,
Capgemini enables organizations to realize their business ambitions
through an array of services from strategy to operations. Capgemini
is driven by the conviction that the business value of technology
comes from and through people. Today, it is a multicultural company
of 270,000 team members in almost 50 countries. With Altran,
the Group reported 2019 combined revenues of €17billion.Visit us at
www.capgemini.com. People matter, results count.
1 On the basis of a share capital of Altran comprised of
257,021,105 shares representing 257,351,451 voting rights as of
February 28, 2020.
- Capgemini_-_2020-04-02_-_Squeeze-out_of_Altran_shares
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