DERICHEBOURG : Successful completion of the disposal of treasury shares by Derichebourg
May 31 2017 - 4:57PM
Not to be released, published or
distributed directly or indirectly in the USA, Canada, Australia or
Japan
Derichebourg announces today the
successful completion of the disposal of its 8,976,819 treasury
shares, representing around 5.48% of its share capital, for a total
amount of c. 51.2 million Euros. This transaction enables
Derichebourg to reinforce its available financial resources in
order to seize potential future external growth opportunities. It
will also result in an increase of Derichebourg's free-float to
around 46.5%.
The disposal was carried out
through a private placement by way of an accelerated bookbuilding
and has been largely oversubscribed. The private placement was
conducted by Société Générale Corporate & Investment Banking
and Gilbert Dupont acting as Joint Bookrunners.
Following this transaction,
Derichebourg no longer holds any treasury shares. Derichebourg has
committed not to issue or transfer shares, subject to certain usual
exceptions, for a period of 90 calendar days following the
settlement and delivery expected to take place on June 5, 2017.
About
Derichebourg
The Derichebourg Group is a major international player in the
provision of services to businesses and municipalities. It offers a
comprehensive and integrated range of services in two complementary
business areas: Environmental Services (recycling, recovery,
collection of household waste, urban cleaning, management of waste
reception centers, etc.) and services to businesses (cleaning,
energy, interim employment, aeronautics services, sensitive sector
services, etc.). The Group operates in 14 countries, on three
continents, and has 34,000 employees around the world. The
Derichebourg Group generated €2.1 billion in revenue in
2016.
www.derichebourg.com
ISIN code: FR0000053381
Disclaimer
This press release is for information purposes
only and is not an offer of Derichebourg's securities, or a
solicitation for purchase, subscription or sale of Derichebourg's
securities in any jurisdiction, including France, in which it would
be unlawful to do so.
In France, the
offer is carried out through a private placement, in accordance
with article L.411-2 II of the French Financial and Monetary Code
and will not require the preparation of a prospectus submitted to
the visa of the Autorité des marchés financiers. The offer does not
constitute a public offering and is addressed solely to persons who
are: (a) persons providing investment services consisting in
portfolio management for third parties and/or (b) qualified
investors or a limited group of investors, to the extent that such
investors are acting for its own behalf, within the meaning of
article L.411-2, D.411-1, D.744-1, D.754-1 and D.764-1 of the
French Financial and Monetary Code.
With respect to
the member states of the European Economic Area other than France
(each a "Member State") having implemented the Directive 2003/71 of
the European Parliament and of the Council dated November, 4 2003
(as amended in each Member State, the "Prospectus Directive"), no
action has been or will be taken in order to permit a public offer
of the Derichebourg's securities which would require the
publication of a prospectus in any Member State. In each Member
State, the information contained herein is addressed solely to
persons who are:
-
"qualified investors"
within the meaning of the Prospectus Directive ;
-
to fewer than 150 individuals
or legal entities, other than qualified investor (within the
meaning of the Prospectus Directive) by Member State ;
-
provided that a publication of
prospectus is not necessary by Derichebourg according to article
3(2) of the Prospectus Directive.
This press
release is intended to be communicated directly or indirectly in
the United Kingdom to person who are (i) investment professionals
falling within Article 19(5) of the Financial Services and Markets
Act 2000 (Financial Promotion) Order 2005 (the "FSMA") or (ii) high
net worth entities and other persons to whom it may otherwise be
lawfully communicated pursuant to Article 49(2) (a) to (d) of the
FSMA (all persons listed above being referred to as "Relevant
Persons"). The securities of Derichebourg 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.
This press
release and any information contained herein must not be published,
released or distributed, directly or indirectly, in the United
States, Australia, Canada or Japan.
This announcement
is neither an offer to sell nor a solicitation of an offer to buy
Derichebourg's securities. The offer or purchase of securities
mentioned in this press release have not been and will not be
registered under the United States Securities Act of 1933, as
amended (the "Securities Act"), and the securities may not be
offered, or sold in the United States in the absence of such
registration or an applicable exemption from the registration
requirement under the Securities Act. Derichebourg does not intend
to register any portion of the planned offering in the United
States or to conduct a public offering of securities in the United
States.
Any investment
decision to buy shares in Derichebourg must be made solely on the
basis of publicly available information regarding
Derichebourg.
Société Générale
and Gilbert Dupont are authorised by the Autorité de Contrôle
Prudentiel et de Résolution (the French Prudential Control and
Resolution Authority) for providing banking and investment
services. Société Générale et Gilbert
Dupont are acting on behalf of Derichebourg
(and no one else) in connection with the present offering of shares
and will not be responsible to any other person other than
Derichebourg, for providing protections afforded to any of Société
Générale's and Gilbert Dupont's clients or for providing advice in
relation to any offering of the shares.
The release,
publication or distribution of this press release in certain
jurisdictions may be restricted by laws or regulations. Persons
physically located in such jurisdictions into which this press
release is released, published or distributed must inform
themselves about and comply with such laws or regulations.
Successful completion of the
disposal of treasury shares by Derichebou
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: DERICHEBOURG via Globenewswire
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