AKKA TECHNOLOGIES
Identification
Operation
Global Placement and Open Price Offer
The Global placement Before first listing, a proportion of the shares will be included in a public placement in France and an international private placement in some countries excluding the United States of America. Underwriters: CM CIC SECURITIES The Open Price Offer Number of shares in the OPO: If demand in the OPO allows it, the definitive number of shares allocated in the OPO is at least equal to 10% of the total number of shares offered before the exercise of the extension clause. Conditions applying to both global placement and OPO 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 April 14th, 2005 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 aforementioned range.
Admission on Eurolist by Euronext the 3 310 150 existing shares that comprise the equity of AKKA TECHNOLOGIES at the day of the admission and a maximum of 494 500 new shares that will be issued in the admission framework.
The admitted shares, which par value is 3.06 euro per share, will represent the total equity and voting rights in the Company and will be participating from 1st January 2005. Since the admission, the shares will be either in bearer form, or in registered form at the choice of the shareholder.
Number of shares offered: a maximum of 714 500 shares and a minimum of 650 000 shares (17.38% and 18.78% of the equity).
Extension clause: According to the importance of the demand, the board of AKKA TECHNOLOGIES and CIC VIZILLE CAPITAL FINANCE as a leader and CM CIC SECURITIES in charge of the placement, could decide to increase the number of shares initially offered in the placement up to 64 500 existing additional shares. This decision should be made at the latest when the price of the shares is fixed in the OPO and the global placement, ie April 14th, 2005
- Period of the Placement: From March 31st, 2005 to April 14th, 2005 (12:00) - Period of the OPO: From March 31st, 2005 to April 13th, 2005 inclusive (17:00) - First listing: 14 April 2005 - Result of the Global Placement and the Open Price Offer: 14 April 2005 - Beginning of trading: 15 April 2005
CIC VIZILLE CAPITAL FINANCE
CM CIC SECURITIES