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Econocom Group SE — Capital/Financing Update 2014
May 22, 2014
3943_iss_2014-05-22_656a710c-037a-4bfd-9d8a-3b55dc6a126a.pdf
Capital/Financing Update
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REGULATED INFORMATION 22 May 2014
ECONOCOM GROUP Notification of early redemption by repayment of the OCEANE bonds issued on 1 June 2011.
On 1 June 2011 Econocom issued 4,000,000 unsecured and unsubordinated convertible bonds with a nominal value of €21 per bond, due to mature in June 2016, for a total amount of €84,000,000 (the "OCEANE Bonds").
Econocom Group hereby announces its decision to proceed with the early redemption by repayment of all outstanding OCEANE Bonds as of 23 June 2014, at a price of €21.048 per OCEANE Bond, which corresponds to the par value increased with the accrued interest since 2 June 2014 (next interest payment date) until 23 June 2014 (date of early redemption).
The bondholders, who so wish, retain their rights to exercise their conversion/exchange rights until 12 June 2014 (included), in accordance with the terms and conditions of the OCEANE Bonds.
BNP PARIBAS FORTIS Securities Services (Brussels Branch), whose registered office is at 1050 Brussels, Louizalaan 489, acts as conversion agent for the OCEANE Bonds.
For any additional information, please contact Galliane Touze: [email protected] www.econocom.com
About Econocom
Econocom is a European provider of business-to-business digital services. In 2013, it posted consolidated revenue of €1.77 billion. The services provided by the group include consulting, sourcing, technology management & financing, and a complete range of IT outsourcing services. On 22 November 2013, Econocom finalised the acquisition of the entire share capital of Osiatis, a major infrastructure service provider and infrastructure-related applications specialist. This transaction has resulted in the creation of a major new digital service company, with over 8,000 employees in 20 countries and cumulated revenue of around €2 billion.
The Econocom Group share (BE0974266950 - ECONB) has been listed on the Euronext NYSE in Brussels since 1986 and is part of the BelMid index.