Antalis International gets the visa of the Autorité des marchés financiers (the” AMF “) on its prospectus for admission of its shares to trading on the regulated market of Euronext in Paris
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Availability of the prospectus
Sequana announced that Antalis International (the ” Company “) has obtained the may 19, 2017 the visa n°17-212 of the AMF on the prospectus in view of admission of the shares Antalis International to trading on the regulated market of Euronext in Paris (” Euronext Paris “) under the share award Antalis International to the shareholders of Sequana.
The obtaining of the visa of the AMF on the prospectus of Antalis International is the first step in the process of ipo of the Company’s shares on Euronext Paris. On June 6, 2017, the mixed general meeting of Sequana will be drawn, in particular, to decide on the proposed distribution to the shareholders of Sequana to a maximum of 13 036 670 shares Antalis International, about 18,36 % of the share capital of the Company (including the treasury shares held are not entitled to the distribution), in view of the ipo of the Company.
Antalis International is advised by Natixis on this operation.
Indicative timetable of the operation
6 June : annual general Meeting of the shareholders of Sequana called, in particular, to decide on the proposed distribution of shares in Antalis International
Dissemination of a press release from Sequana relating to the approval of the distribution by the general assembly and to the transformation of the Company into a limited company
J*-2 : Publication of Euronext notice relating to the announcement of the distribution and the admission of the shares Antalis International negotiations
J-1 Publication of notice by Euronext Paris relating to the course of reference technical actions Antalis International
J-1 : Date of the accounting registration of the shares Sequana considered for the allocation of the shares in Antalis International
J : Date of detachment of the exceptional distribution of premiums of Sequana consisting of shares in Antalis International
J : Admission to trading of shares in Antalis International on Euronext Paris
J+2 : Delivery of the shares Antalis International awarded as an exceptional distribution of premiums
* In trading days
From D+2 and up to J+32 : Allocation of the net proceeds of the sale of the rights forming fractional shares to the holders of these rights.
It is clarified that the payment will occur no later than September 30, 2017 and the date of detachment will be communicated to the shareholders of Sequana with a minimum advance notice of four (4) days.
The main features of the operation
The shares Antalis International will be distributed to the shareholders of Sequana, establishing a registration book to their name at the end of the day accountant prior to the date of detachment of the distribution of the shares Antalis International (the ” record date accounting “) on the basis of one (1) share Antalis International for five (5) shares in Sequana.
A shareholder holding at the date of registration accounting a total number of shares Sequana forming an exact multiple of five (5) will not in any step or formality to accomplish.
Up to the date of the registration book (included), a shareholder not holding a total number of shares Sequana forming an exact multiple of five (5) will have the possibility either to purchase on the market shares Sequana to get a multiple of five (5) or sell the shares do not form a multiple of five (5).
If a shareholder does not hold, at the date of accounting registration, a total number of shares Sequana forming an exact multiple of five (5), your financial intermediary will automatically proceed to the market sale of the rights forming fractional shares, and will pay the compensation within a period of 30 days from the date of delivery of the shares Antalis International.
Information accessible to the public
The prospectus Antalis International approved by the AMF on may 19, 2017 under the number 17-212 is available on the websites of the Company (www.antalis.com), Sequana (www.sequana.com) and of the AMF (www.amf-france.org), as well as free of charge and on simple request from Antalis International, at the following address : 8, rue de Seine, 92100 Boulogne-Billancourt, France.
Antalis International attracts the public’s attention to Chapter 4 “risk Factors” contained in the prospectus. These risk factors are, at the date of the visa on the prospectus, those which Antalis International believes that the implementation could have a significant negative impact on its image, its activity, its financial situation, its results or its prospects. The attention of investors is drawn to the fact that the list of risks presented in this section of the prospectus is not exhaustive and that other risks, unknown at the date of the visa on the prospectus or the realization of which is not to be regarded as of the same date, as likely to have a material adverse effect on Antalis International, its image, its activities, its financial situation, its results and its prospects, may exist or arise.
About Sequana
Sequana (Euronext Paris : SEQ), a major player in the paper sector, holds leading positions in each of its two businesses :
– Antalis : n°1 distribution of papers and packaging products in Europe. Present in 43 countries, Antalis employs approximately 5 600 employees.
– Arjowiggins : world producer of recycled paper and specialty, the company employs approximately 2 800 persons.
With approximately 8,500 employees around the world, Sequana has achieved a turnover of 3 billion euros in 2016.
About Antalis
Antalis is the european leader and the first group in the world (excluding the United States) of the professional distribution of Papers and Packaging products and one of the top three distributors of media for Visual Communication. With a turnover of 2.5 billion euros in 2016, the group employs 5 600 people in the service of nearly 130, 000 customers, companies and printers, in 43 countries. Via its 118 distribution centers, Antalis makes more than 14 000 deliveries each day in the world and has distributed 1.5 million tons of paper in 2016.
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