Avenir Finance Corporate
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. - Underwriter: Portzamparc Société de bourse - Number of shares within the Global Placement: a maximum of 1,085,974 shares (80% of the Offer before the extension option). Depending on the demand, the breakdown between the Global Placement and the OPO may be adapted as stated below. The Open Price Offer - Number of shares within the OPO: a minimum of 271,494 shares (20% of the Offer before the extension option). If the demand permits it, the number of shares offered within the OPO will be equal to 20% minimum of the Offer.
Admission on Alternext the 4,447,065 existing shares that comprise the equity of MASTRAD at the day of the admission and a maximum of 678,734 new shares that will be issued in the admission framework.
1,357,468 shares will be offered to the public as part of a Global Placement and an Open-Price Offer (OPO) (before extension option). The shares will be obtained from the selling of 678,734 existing shares and from the issue of a maximum of 678 734 new shares as part of a capital increase permitted by the General Meeting on 22 December 2005 and to be realised with the listing and decided by the Board of directors on 14 April 2006.
Extension option: (ie notice for detail)
- Period of the Global Placement: from 24 April to 4 May 2006 (17:00) - Period of the OPO: from 24 April to 4 May 2006 inclusive - First quotation: 5 May 2006 - Setting of the prices of the Global Placement and the OPO: 5 May 2006, after centralisation of the OPO (The final share price may be set outside the mentioned range) - Beginning of trading: 11 May 2006
Portzamparc Société de Bourse