Global Placement and Open Price Offer
Conditions applying to both Global Placement and Open Price Offer (Ie notice for detail) Characteristics of the Global Placement (Ie notice for detail) Prior to admission, shares will be offered to institutional investors, within the framework of an International Institutional Offering, including to institutional investors in France. - Number of shares: 90% of the offered shares The number of shares offered as part of the Global Placement could be increased by reducing the amount of shares offered as part of the OPO in the event that the OPO is not fully subscribed. - Underwriters: Goldman Sachs International, Lazard IXIS Characteristics of the Open Price Offer (Ie notice for detail) The OPO is meant for retail investors, legal entities and certains UCITS (fonds communs de placement). - Number of shares in the OPO: 10% of the shares offered (over allotment option excluded)
Admission on Eurolist by Euronext 8,856,621 existing shares that will represent the outstanding share capital of PARROT on June 27th, 2006, 2,495,950 share that will arise form the conversion of BSPCE by Mr Henri Seydoux delivery/settlement in relation to which will occur at the latest on June 30th, 2006, and a number of 1,130,782 new shares from a capital increase by way of public offering.
A minimum number of 3,975,003 shares and a maximum of 4,076,435 (assuming no exercise of the over-allotment option), will be made available to the public and distributed within the framework of a Global Placement and an OPO. (Ie notice for detail)
Over-allotment option: (Ie notice for detail)
The PARROT shares will be admitted temporarily on Eurolist by Euronext under the title "PARROT PROMESSES".
- Period of the Global Placement: from June 13th, 2006 to June 27th, 2006 (12:00) - Period of the OPO: from June 13th, 2006 to June 26th, 2006 (17:00) - First quotation: June 27th, 2006 - Beginning of trading: June 28th, 2006 - From June 28th, 2006 and until June 30th, 2006 inclusive: trading of new and existing shares on a single quotation line "PARROT PROMESSES" under the code FR0004038263 - From July 3rd, 2006: the PARROT shares will be quoted under the title "PARROT", code ISIN FR0004038263 (unchanged) and mnemonic "PARRO" (unchanged)
GOLDMAN SACHS INTERNATIONAL