OUTCOME OF ASSYSTEM'S SHARE BUYBACK OFFER
Paris, 19 December 2017, 6.00 p.m. (CET) - Today, the AMF (French securities regulator) and Euronext published a notice announcing that a total of 10,507,041 shares were tendered to the share buyback offer launched by Assystem S.A. (ISIN: FR0000074148 - ASY). Under the offer - which ran from 24 November 2017 to 14 December 2017 (inclusive) - the Company proposed to buy back from its shareholders up to 6,000,000 Assystem shares at a purchase price of €37.50 per share.
After applying the proportionate reduction mechanism provided for in Article R. 225-155 of the French Commercial Code, the Company bought back 6,000,000 Assystem shares with a par value of €1 each, at a purchase price of €37.50 per share, representing an aggregate €225,000,000. This corresponds to 27.00% of the total number of shares making up Assystem's capital and 28.35% of the Assystem shares outstanding (equal to the number of shares making up the capital less the number of shares held in treasury).
All of the shares bought back under the offer will be cancelled on 21 December 2017, together with 550,000 treasury shares, by way of a decision by Assystem's Chairman and Chief Executive Officer, as authorised by the Board of Directors. As a result, the Company's capital will be reduced to 15,668,216 shares with a par value of €1 each.
Disclaimer
This press release does not constitute an offer to buy or the solicitation of an offer to sell securities, nor may it be used in connection with any such offer or solicitation, either directly or indirectly, by anyone in the United States or in any other jurisdiction in which such an offer or solicitation would be illegal or unauthorised or would require the publication of a prospectus or the completion of any other type of formalities in order to comply with the local laws and regulations. The share buyback offer described above has not been and will not be registered with the United States Securities and Exchange Commission and will not be open to shareholders domiciled in the United States.
The release, publication or distribution of this press release in certain jurisdictions may constitute a breach of the applicable laws or regulations. Consequently, any persons in such jurisdictions in which this press release is released, published or distributed must be aware of and comply with any such laws or regulations.
ABOUT ASSYSTEM
Assystem is an international engineering group. As a key participant in the industry for 50 years, the Group supports its clients in managing their capital expenditure throughout their asset life cycles. Assystem S.A. is listed on Euronext Paris.
For more information please visit www.assystem.com
Follow Assystem on Twitter: @Assystem
CONTACTS
| Philippe Chevallier CFO & Deputy CEO Tel.: +33 (0)1 55 65 03 10 Anne-Charlotte Dagorn Communications Director acdagorn@assystem.com Tel.: +33 (0)6 83 03 70 29 | Agnès Villeret Investor Relations - Komodo agnes.villeret@agence-komodo.com Tel.: +33 (0)6 83 28 04 15 |
