STAFF AND LINE
Identification
Avenir Finance Corporate
Operation
Global Placement and Open-Price Offer
New listing calendar and price range - Number of shares offered: a maximum of 321,428 shares - Number of shares in the Placement: 90% of the operation - Number of shares in the OPO: if demand in the OPO allows it, the definitive number of shares allocated in the OPO is at least equal to 10% of the total number of shares offered. 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 October 20th, 2005 after centralisation of the OPO and should be published in a notice that same day. The final share price may be set outside the mentioned range.
- Period of the Global Placement: until 20 October 2005 (12:00) - Period of the OPO: until 19 October 2005 (17:00) - First quotation: 20 October 2005 - Beginning of trading: 26 October 2005