Share Issue/Capital Change • May 22, 2009
Share Issue/Capital Change
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Not for distribution, directly or indirectly, in or into the United States of America, Canada, Australia or Japan
Nanterre, May 22, 2009
Faurecia announces today the results of its rights issue with preferential subscription rights, launched on April 30, 2009 for a gross total amount of EUR 455,374,192, by issue of 65,053,456 new shares.
A total of 62,381,008 new shares were subscribed pursuant to irrevocable entitlement, corresponding to 95.9 % of the new shares to be issued. Subscription subject to reduction was carried over 3,748,256 shares and will therefore be partially allocated up to 2,672,448 new shares, i.e. 71.3%.
Peugeot SA, which had undertaken to underwrite the issue for an amount of EUR 450 million, has then limited its participation to the issue to its current share ownership. Pursuant to the rights issue, Peugeot SA shareholding in Faurecia will remain even at 70.85%.
This rights issue puts an end to the securing of Faurecia's financing launched with the "Challenge 2009" plan in order to reinforce the Group's equity and liquidity.
Settlement-delivery of the 65,053,456 new shares and their admission to listing on Euronext Paris should take place on May 26, 2009. The new shares will be fungible with the Company's existing shares and listed on the same quotation line as the Company's existing shares (code ISIN FR0000121147).
As of May 26, 2009, the share capital of Faurecia will be composed of 89,448,504 shares.
The transaction was led by Société Générale Corporate & Investment Banking, acting as Global Coordinator, Joint Lead Manager and Joint Bookrunner, with BNP Paribas, CALYON and Lazard-NATIXIS, acting as Joint Lead Managers and Joint Bookrunners.
The centralization and the settlement-delivery are provided by Société Générale Securities Services / Global Issuer Services, BP 81236, 32 rue du Champ-de-Tir, 44312 Nantes Cedex 03, France.
Faurecia draws investors' attention to the risk factors sections contained in the French prospectus which has received the AMF's visa.
A French prospectus having received visa n° 09-109 from the Autorité des marchés financiers (AMF) on April 27, 2009 is available free of charge at the registered office of Faurecia and on the websites of Faurecia (www.faurecia.com) and the AMF (www.amf-france.org).
The French prospectus is made up of Faurecia's document de référence (registration document), filed with the AMF on April 6, 2009 under Nr. D.09-0200, and a note d'opération (offering circular) including the prospectus summary.
Faurecia is one of the world's leading automotive equipment suppliers, specializing in four major activities: seats, vehicle interiors, exterior systems and exhaust systems. In 2008, the Group posted sales of 12.01 billion euros. It has operations in 29 countries at 190 sites and 28 R&D centers. Faurecia is listed on the NYSE Euronext Paris stock exchange. For more information visit: www.faurecia.com
Not for distribution, directly or indirectly, in or into the United States, Canada, Australia or Japan.
The distribution of this press release may be restricted by law in certain jurisdictions. Persons into whose possession this document comes are required to inform themselves about and to observe any such restrictions.
This press release and the information contained herein in no way represent an offer of securities for sale nor the solicitation of an offer to purchase securities, in the United States or any other country.
Securities may not be offered or sold in the United States unless they are registered under the U.S. Securities Act of 1933, as amended or exempt from registration. The shares and preferential subscription rights of Faurecia have not been and will not be registered under the U.S. Securities Act and Faurecia does not intend to make a public offer of its securities in the United States. Copies of this document are not being, and should not be, distributed in or sent into the United States.
The distribution of this press release (which term shall include any form of communication) is restricted pursuant to section 21 (restrictions on financial promotion) of Financial Services and Markets Act 2000 ("FMSA"). In relation to the United Kingdom, this document is only being distributed to, and is directed only at, persons (i) who have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion Order) 2005, as amended (the "Order"), (ii) falling within Article 49(2) (a) to (d) of the Order and (iii) to whom it may otherwise lawfully be distributed (all such persons together with Qualified Investors (as defined in Prospectus Directive) being referred to as "relevant persons"). This document must not be acted on or relied on in the United Kingdom by persons who are not relevant persons. Any investment or investment activity to which this document relates is available only in the United Kingdom to relevant persons, and will be engaged in only with such persons. By receiving this document you are deemed warrant to the Company that you fall within the categories of persons described above.
Contacts: Press
Olivier Le Friec Press Relations Manager Tel. +33 (0)1 72 36 72 58 Cell +33 (0)6 76 87 30 17 [email protected]
Hélène Ducournau-Josselin Press Relations Tel. +33 (0)1 72 36 70 55 Cell +33 (0)6 98 05 35 33 [email protected] Analysts/Investors Bruno de Chiffreville Investor Relations Tel. +33 (0)1 72 36 75 70 Cell +33 (0)6 67 70 78 18 [email protected]
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