Nexity: EARLY REDEMPTION BY NEXITY OF BONDS CONVERTIBLE INTO NEW SHARES AND/OR EXCHANGEABLE FOR EXISTING SHARES (OCEANE) DUE ...
April 30 2021 - 2:00AM
Nexity: EARLY REDEMPTION BY NEXITY OF BONDS CONVERTIBLE INTO NEW
SHARES AND/OR EXCHANGEABLE FOR EXISTING SHARES (OCEANE) DUE MAY
2023 ISSUED IN MAY 2016 (THE “2023 OCEANES”)
EARLY REDEMPTION
BY NEXITY OF
BONDS CONVERTIBLE INTO NEW SHARES AND/OR
EXCHANGEABLE FOR EXISTING SHARES
(OCEANE)
DUE MAY 2023
ISSUED IN MAY 2016 (THE “2023
OCEANES”)
Paris, April 30th, 2021
Nexity (the "Company" or
"Nexity") announces to the holders of 2023 OCEANES
(ISIN: FR0013170925) that following the offer dated April 13th,
2021 to repurchase the 2023 OCEANES, the total number of
outstanding 2023 OCEANES is, as of today, less than 15% of the
number of 2023 OCEANES initially issued.
Consequently, the Company informs the holders of
outstanding 2023 OCEANES that it will proceed with the early
redemption of such 2023 OCEANES in accordance with the terms
provided for under the 2023 OCEANES Terms and Conditions (the
"Terms and Conditions") in section 1.8.1.3 2. for
the purposes of their cancelation in accordance with applicable
law.
The date of early redemption of the 2023 OCEANES
has been set on May 31st, 2021 (the "Early
Redemption Date"), at a price of EUR 64.30 plus
interests accrued from January 1st, 2021 until the Early Redemption
Date, i.e. a total amount of EUR 64.33 per 2023 OCEANE.
Holders of 2023 OCEANES have the ability to
exercise their right to the allocation of shares of the Company
pursuant to the Terms and Conditions until the seventh business day
(included) preceding the Early Redemption Date, i.e. until May
19th, 2021 (included).
Any holder of 2023 OCEANES that will not have
validly exercised his or her right to the allocation of shares
prior to this date will be redeemed in the conditions set out
above.
It is recalled that in order to exercise their
right to the allocation of shares of the Company, the holders of
2023 OCEANES shall address a request for such purpose to the
financial intermediary their 2023 OCEANES are registered with. Any
request for exercise shall be irrevocable as of its receipt by the
relevant financial intermediary.
The date of request for exercise shall be the
business day during which the last one of the following conditions
(1) and (2) is met, at 5:00 pm CET at the latest, or the following
business day if the said condition is met after 5:00 pm CET (the
"Date of Request"):
(1) CACEIS
Corporate Trust (the "Centralization Agent") will
have received the request for exercise from the financial
intermediary in the books of which the 2023 OCEANES are
registered;
(2) the
relevant 2023 OCEANES will have been transferred to the
Centralization Agent by the relevant financial intermediary.
In principle, any request for exercise of the
right to the attribution of shares that is received by the
Centralization Agent shall take effect at the earliest of the
following two dates (the "Exercise Date"):
- the last
business day of the current calendar month; or
- the seventh
business day preceding the scheduled date for redemption.
Holders of the 2023 OCEANES will receive their
shares at the latest on the seventh business day following the
Exercise Date.
For more information, holders of 2023 OCEANES
are invited to consult the Terms and Conditions.
AT
NEXITY, WE AIM TO SERVE ALL OUR CLIENTS AS
THEIR REAL ESTATE NEEDS EVOLVEWith more than 11,000
employees and €4.9 billion in revenue in 2020, Nexity is France’s
leading integrated real estate group, with a nationwide presence
and business operations in all areas of real estate development and
services for individuals, companies and local authorities.
Our services platform is designed to serve all
our clients as their real estate needs evolve.
Firmly committed to focusing on people and how
they are connected with each other, their cities and the
environment, Nexity was named the number-one low-carbon project
owner in France among real estate developers ranked by BBCA in
2020, is a member of the Bloomberg Gender-Equality Index (GEI) and
obtained Great Place to Work certification in 2020.
Nexity is listed on the SRD, Euronext’s
Compartment A and the SBF 120.
CONTACTThierry CHEREL – Head of
Investor Relations / +33 (0)6 68 31 29 05 -
investorrelations@nexity.fr
Important information
This press release may not be released,
published or distributed, directly or indirectly, in or into the
United States of America, Australia, Canada, South Africa or Japan.
The distribution of this press release may be restricted by law in
certain jurisdictions. Persons into whose possession any document
or other information referred to herein comes, should inform
themselves about and observe any such restriction. Any failure to
comply with these restrictions may constitute a violation of the
securities laws of any such jurisdiction.
No communication or information relating to the
offering of the 2023 OCEANES may be transmitted to the public in a
country where there is a registration obligation or where an
approval is required. No action has been or will be taken in any
country in which such registration or approval would be required.
The issuance or the subscription of the 2023 OCEANES may be subject
to legal and regulatory restrictions in certain jurisdictions;
Nexity assumes no liability in connection with the breach by any
person of such restrictions.
- Nexity - Clean-up 2023 OCEANE - PR Eng
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