Identification

Symbol
VLS
ISIN code
FR0004056851
Trading location
Paris
ICB
Biotechnology
Website address
http://www.vivalis.com
Issuer website
http://www.vivalis.com

Operation

IPO date
Thu 28/06/2007
IPO type

Global Placement and Open Price Offer

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

Global Placement procedure - Number of shares: 3,111,042 shares representing 90% of the Offer (before extension option and green-shoe option exercise) - Book runners: IXIS CIB, IXIS Securities and Natexis Bleichroeder Open Price Offer procedure - Subscription open for Retail investors, legal entities and certain UCITS. - Number of shares: 345,671 shares representing 10% of the Offer (before extension option and green shoe option exercise)

Operation description

Admission on Eurolist by Euronext:
- 11,627,100 existing shares representing the outstanding capital of VIVALIS, and,
- a maximum of 2,762,431 new shares by way of public offering.

A maximum of 3,456,713 shares, (2,762,431 new shares and 694,282 existing shares) before extension option and green shoe exercise, will be offered to public by the way of a Global Placement and an Open-Price Offer (OPO).

Extension option: Depending on the demand, the number of shares offered could be raised by a maximum of 391,000 existing shares.

Green shoe option: Depending on the demand, the number of shares offered could be raised by a maximum of 571,218 existing shares.

The VIVALIS shares will be admitted temporarily on Eurolist by Euronext under the title "VIVALIS PROMESSES".

Operation calendar

- Period of the Placement: from June 19, 2007 to June 27, 2007 (19:00) - Period of the Offer: from June 19, 2007 to June 27, 2007 (19:00) - First quotation: June 28, 2007 - Beginning of trading: June 29, 2007 - From June 29, 2007 and until July 3, 2007 inclusive: trading of new and existing shares on a single quotation line "VIVALIS PROMESSES" under the code VLS - From July 4, 2007: the VIVALIS shares will be quoted under the title "VIVALIS" ISIN code FR00040566851 (unchanged) and mnemonic VLS (unchanged)

Price range
9.05 euros - 10.51 euros
Broker to issue

NATIXIS