Direct trading procedure
Initial reference price The reference price is fixed at EUR 31.50 (published in the financial press on 11 October 2006). Thresholds of listing As provided in the ETA Nr 2004-433 dated 20 September 2002, the static price range will be set at +/-20% around the reference price. If the price is outside the static price range the stock will be reserved during 15 minutes. The new reference price used will be the treshold (up or down) reached previously. The static price range will be set at +/- 10% of this new reference price. This procedure will be repeated until an opening price will be established. At the opening of the security, the opening price will be the new reference price with a static price range of +/-10% and a dynamic price range of +/-5%. Usual trading rules in term of thresholds and of reservation period will be applied.
Listing on the Double Fixing market - Group A6 - Compartment C
- 996,726 existing shares Montea that were offered by public auction as from 2 October 2006 till 12 October 2006 but closed in advance on 10 October 2006.
- As the case being and at the latest until 30 days starting from 17-10-2006 a maximum of 70,969 existing additional shares granted to cover over-allotments.
- The remainder of the existing shares 1,858,881 (being the 2,855,607 existing shares – 996,726 existing shares of the offer) of the company Monteal.