Identification
ISIN code
FR0004186856
Trading location
Paris
ICB
Pharmaceuticals
Issuer website
http://www.vetoquinol.com
Operation
IPO date
IPO type

<p>
Global Placement and Open Price Offer</p>

IPO price
21 euros
IPO type
Initial Public offering
Catégorie
IPO
Operation procedure

<p>
Conditions applying to both Global Placement and Open Price Offer - The first share price will be set at the end of the Offer 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 November 16, 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 final number of shares allocated in response to the orders given in the OPO and in the Global Placement could be adapted, depending on the demande, as stated below. Characteristics of the Global Placement Before first quotation, a proportion of the shares will be distributed under the Global Placement directed mainly to institutional investors comprising a public placement in France and an international private placement in some countries, excluding the United States of America and other countries. - Number of shares: 1,372,409 shares, i.e. 90% of the offered shares - Underwriter: ODDO &amp; Cie Characteristics of the Open Price Offer The OPO is meant for individuals, investing legal entities and FCP. - Number of shares in the OPO: 152,490 shares, i.e. 10% of the offered shares.</p>

Operation description
Operation calendar

<p>
- Period of the Global Placement: from November 6, 2006 to November 16, 2006 (12:00) - Period of the OPO: from November 6, 2006 to November 15, 2006 (17:00) - First quotation: November 16, 2006 - Beginning of trading: November 17, 2006 - From November 17, 2006 and until November 21, 2006 inclusive: trading of new and existing shares on a single quotation line &quot;VETO PROMESSES&quot; under the ISIN code FR0004186856 - From November 22, 2006: the VETOQUINOL shares will be quoted under the title &quot;VETOQUINOL&quot;, ISIN code FR0004186856 (unchanged) and mnemonic VETO (unchanged).</p>

Price range
19.40 euros – 22.40 euros
Broker to issue

<p>
ODDO &amp; Cie</p>