CEGID GROUP: SIMPLIFIED PUBLIC PURCHASE OFFER
04 Juillet 2017 - 6:41PM
SIMPLIFIED PUBLIC
PURCHASE OFFER
FOR THE SHARES AND
THE REDEEMABLE SHARE WARRANTS OF
CEGID
GROUP
INITIATED BY
CLAUDIUS France
PRESS RELEASE
INDICATING THE AVAILABILITY OF THE OFFER DOCUMENT IN RESPONSE AND
OF THE OTHER INFORMATION DOCUMENT OF CEGID GROUP
OFFER PRICE : |
86.25 euros per share |
|
68.25 euros per redeemable share
warrant |
DURATION OF THE OFFER : |
From July 6, 2017 to July 20, 2017
included |
This press
release was prepared and published by Cegid Group pursuant to the
provisions of Articles 231-27 3° and 231-28 of the General
Regulation of the Autorité des marchés
financiers ("AMF").
Pursuant to the provisions of
Article L. 621-8 of the French Monetary and Financial Code and of
Article 231-26 of its General Regulation, the AMF granted the visa
n° 17-323 on July 4, 2017 on the offer document in response
prepared by Cegid Group for the purpose of the simplified public
purchase offer initiated by Claudius France for all the shares and
redeemable share warrants of Cegid Group at a price of 86.25 euros
per share and 68.25 euros per redeemable share warrant. The
simplified public purchase offer has been subject to a clearance
decision by the AMF on July 4, 2017 (the "Offer").
If, upon closing of the Offer, the
minority shareholders not having tendered their securities into the
Offer do not represent more than 5% of the share capital or the
voting rights of Cegid Group, Claudius France will request the
implementation of a squeeze-out (retrait
obligatoire), in accordance with Articles 237-14 to 237-19 of
the AMF General Regulation, it being specified that as a result of
such procedure, Cegid Group shares and redeemable share warrants
would be delisted.
Prior to the opening of the Offer,
the AMF and Euronext Paris will respectively publish a notice
announcing the opening and closing dates and a notice announcing
the terms and the timetable of the Offer.
The "other information" document
relating in particular to the legal, financial and accounting
characteristics of Cegid Group (the "Other
Information Document") was filed with the AMF and will be made
available to the public on July 5, 2017, pursuant to the provisions
of Articles 231-27 and 231-28 of the AMF General Regulation.
The offer document in response
prepared by Cegid Group and approved by the AMF, as well as the
Other Information Document, are available on the websites of the
AMF (www.amf-france.org) and of Cegid Group (www.cegid.com) and may
be obtained free of charge at Cegid Group's registered office
located 52 quai Paul Sédallian, 69009 Lyon.
Calendar
The full calendar of publication
dates and upcoming events can be found at the following address:
http://investors.cegid.com/Releases/Financial-calendar.
This English
translation is for the convenience of English-speaking readers.
However, only the French text has legal value. Consequently, the
translation may not be relied upon to sustain any legal claim, nor
should it be used as the basis of any legal opinion. Cegid Group
expressly disclaims all liability for any inaccuracy
herein.
Financial Communication
Cegid Group
52 quai Paul Sédallian
69279 Lyon Cedex 09 (France)
Tél : +33 (0)4 26 29 50 20
dirfin@cegid.fr / www.cegid.com
Stock market: Euronext Paris
Segment B
ISIN Code: FR0000124703
Reuters: CEGI.PA
Bloomberg: CGD FP
ICB: 9537 Software
Indices: CAC ALL SHARES - CAC ALL-TRADABLE - CAC MID &
SMALL
CAC SOFT. & C.S. - CAC TECHNOLOGY - NEXT 150
Important
information
This press
release has been prepared for information purposes
only.
Investors and shareholders based in France should
read the documentation relating to the Tender Offer, since such
documentation contains important information concerning Claudius
France, Cegid Group and the Tender Offer. The Tender Offer is not
made in any jurisdiction in which it would be
restricted.
The Tender Offer is made in the U.S. pursuant to
Section 14(e) of the U.S. Securities Exchange Act of 1934, as
amended (the "Exchange Act"), and Regulation 14E thereunder, as a
"Tier-I" tender offer under Rule 14d-1(c) of the Exchange Act, and
otherwise in accordance with applicable French law.
This press release must not be published,
distributed or disseminated, directly or indirectly, to any
jurisdiction where the distribution of this information would be
subject to legal restrictions.
The publication, distribution or dissemination of
this press release in certain jurisdictions may be subject to legal
or regulatory restrictions. Therefore, the persons located in the
jurisdictions where this press release is published, distributed or
disseminated must inquire on such restrictions and comply with
them. Cegid Group disclaims all liability regarding a potential
breach of these restrictions by whoever.
PR CEGID GROUP 20170704
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: CEGID GROUP via Globenewswire