GPE GROUP PIZZORNO
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. Number of shares: 900 000 shares Underwriters: ARKEON FINANCE The Open Price Offer Number of shares: 100 000 shares Orders issued in the OPO will be, even in the events of reduction, irrevocable. 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 8 July 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 3 500 000 existing shares that comprise the equity of GPE GROUPE PIZZORNO at the day of the admission and a maximum of 500 000 new shares that will be issued in the admission framework.
The admitted shares, which par value is 1.940458 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.
A liquidity contract will be signed after the quotation between GPE GROUPE PIZZORNO and ARKEON FINANCE.
A maximum of 1 000 000 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 selling of 500 000 existing shares by M PIZZORNO and by the issue of a maximum of 500 000 shares new shares from a capital increase that will not constitute an underwriting agreement as per the article L.225-145 of the Code de Commerce. As a consequence trading will begin on the 14th July 2005 after the payment of the capital increase that should be stated by the delivery of the “certificat du dépositaire”.
- Period of the Global Placement: from 1st July 2005 to 8 July 2005 (11:00) - Period of the Offering: from 1st July 2005 to 7 July 2005 inclusive - Date of first listing: 8 July 2005 - Result of the Global Placement and Open Price Offer: 8 July 2005 - Beginning of trading: 14 July 2005
ARKEON FINANCE