ISIN code
Trading location
Real Estate
Website address
Issuer website
IPO date
IPO type

Guaranteed Global Placement and Open Price Offer</p>

IPO price
13.66 euros
IPO type
Initial Public offering
Operation procedure

Common conditions for Global Placement and Open Price Offer The first share price will set of the offer and will take account of the demand expressed in the Global Placement. The final price will be set on March 21st, 2006 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. The final number of shares offered in Global Placement and OPO will be fixed in accordance with the nature and the importance of the demand. Characteristics of the Global Placement Before first quotation, a proportion of the shares will be distributed under the Global Placement comprising a public placement in France and outside the France except the United States of America. - Number of shares: 1,080,000 shares, (90% of the Offer before exercise of over-allocation option) - Underwriters: Natexis Bleichroeder Characteristics of the Open Price Offer The OPO is meant mainly for individuals, investing legal entities and FCP. - Number of shares: 120,000 shares (10% of the total number of shares offered before the exercise of the over allocation option)</p>

Operation description
Operation calendar

- Period of the Placement : from March 6th, 2006 to March 21st, 2006 (12:00) - Period of the OPO: from March 6th, 2006 to March 20th, 2006 (17:00) - First quotation: March 21st, 2006 - Beginning of trading: March 22th, 2006</p>

Price range
11.76 euros – 13.66 euros