1000MERCIS
Identification
Operation
Global Placement and Open Price Offer
Conditions applying to both Global Placement and Open Price Offer The first share price will be set at the end of the OPO and will take account of the demand expressed in the global placement. The prices of the global placement and the OPO are the same. The definitive price will be set on 2 february 2006 after centralisation of the OPO and should be published by Euronext Paris in a notice that same day. The final share price may be set outside the mentioned range. The Global Placement Before first listing, a proportion of the shares will be included in a placement in France and an international private placement in some countries excluding the United States of America. - Underwriter: Oddo & Cie - Number of shares: 845 100 shares, that is 90% of the Offer before the extension clause. Depending on the demand, the breakdown between the Placement and the OPO may be adapted as stated below. The Open Price Offer - Number of shares in the OPO: 93 900 shares, that is 10% of the Offer before the extension clause. If the demand permits it, the number of shares offered within the OPO will be equal to 10% minimum of the Offer, before or after extension clause. If the float does not amount 2.5 million €, the Offer will be cancelled and the orders will be void.
Admission on Alternext the 3 004 540 existing shares that comprise the equity of 1000mercis at the day of the admission and a maximum of 469 500 new shares that will be issued in the admission framework.
The admitted shares will represent the total equity and voting rights in the Company. Since the admission, the shares will be either in bearer form, or in registered form at the choice of the shareholder.
939 000 shares will be offered to the public as part of a global placement and an open-price offer (OPO). The shares will be obtained from the issue of a maximum of 469 000 new shares as part of a capital increase permitted by the extraordinary general meeting dated 7 January 2006 and to be realised with the listing and decided by the board of directors dated 19 January and 2 February 2006, and from 469 000 existing shares that will be sold in the Offer framework.
It exists an Extension Clause permitting to sell a maximum of 140 850 additional existing shares representing 15% of the number of shares initially proposed in this Offer.
- Period of the Placement: from 24 January to 2 February 2006 (12:00) - Period of the OPO: from 24 January to 1st February 2006 (17:00) - First quotation: 2 February 2006 - Beginning of trading: 8 February 2006.