CBO TERRITORIA
Identification
Operation
Direct trading procedure
The admission of the CBo Territoria shares is subordinated to a distribution of shares to Groupe Bourbon shareholders described below. Groupe Bourbon during an EGM dated December 16th, 2004 decided to demerge its real estate activity in a new company called CBo Territoria. The EGM of CBo Territoria dated December 17th, 2004 created this new activity. Accordingly to the decision of the EGM dated December 16th, 2004, the Groupe Bourbon Board dated 2 Mai 2005 has decided to distribute Groupe Bourbon shareholders the whole shares of the company CBo Territoria with the proportion of one CBo Territoria share for each Groupe Bourbon share. For the demerger, the valuation of the CBo Territoria shares is 1.32 euro. After the distribution, the float of CBo Territoria represents around 80% of the capitalization. Reference price: 1,32 euro. Nota : According to the article According to the article 980 bis du CGI and the décret n°2005-314 dated March 25th, 2005, the Stock Exchange tax will not be collected concerning Alternext negotiations on CBo Territoria.
Admission to Alternext the 24 662 000 existing shares that comprise the equity of CBo Territoria.
The admitted shares will represent the total equity and voting rights of the Company and will be participating from 1 January 2005. Since the admission, the shares will be either in bearer form, or in registered form.
The par value of the share is Euro 1.32.
- 18 May 2005 (evening): Distribution of CBo Territoria to the Groupe Bourbon shareholders; - 19 May 2005: Opening of trading CBo Territoria shares on Alternext