STORE ELECTRONICS
Identification
Operation
Global Placement and Open Price Offer
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 into account 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 February 2, 2006 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 mentioned range. The Global Placement Prior to the quotation, part of the shares will be distributed to institutional investors, within the framework of a Global Placement realised in France and abroad (excluding notably the United States of America). - Number of shares: 4 756 666 shares (approximately 90% of the offered shares before the exercise of the over-allocation option). The number of shares offered within the Global Placement may be increased if the OPO is not fully subscribed. - Underwriter: Société Générale The Open Price Offer - Number of shares in the OPO: 528 518 shares (approximately 10% of the offered shares before the exercise of the over-allocation option). - The OPO is mainly open to natural persons.
Admission to Eurolist by Euronext, the 9 042 550 existing shares that comprise the equity of STORE ELECTRONIC SYSTEMS at the day of the admission, plus 1 489 638 new shares obtained from a capital increase effected as part of the listing.
The admitted shares to Eurolist by Euronext will represent the total equity and voting rights in the Company. Since the admission, the shares will be either in bearer form, or in registered form at the choice of the shareholder.
5 285 184 shares, (without over-allocation option), will be made available to the public and distributed within the framework of a Global Placement and an OPO. In order to cover any over-allocations, 792 776 existing shares may be offered at the Global Placement and the OPO price, i.e. about 15 % of the number of shares offered under the Global placement and OPO.
The new shares will arise from the capital increase which will be decided at the date of the IPO, by virtue of the authorisation given by STORE ELECTRONIC SYSTEMS combined general shareholders’ meeting of 20 January, 2006.
STORE ELECTRONIC shares will be admitted temporarily on Eurolist by Euronext under the title "STORE PROMESSES". (ie notice for detail)
- Period of the Global Placement: from January 25th, to February 2th, 2006 (12:00) - Period of the OPO: from January 25th, to February 1st, 2006 (17:00) - First quotation: February 2nd, 2006 - Beginning of trading: February 3th, 2006 - From February 3rd, 2006 and until February 7th, 2006 inclusive: trading of new and old shares on a single quotation line "STORE PROMESSES" under the code FR001028282822 - From February 8th, 2006: the STORE ELECTRONIC shares will be quoted under the title "STORE ELECTRONIC", code ISIN FR0010282822 (unchanged) and mnemonic SESL (unchanged)
Société Générale