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Mersen — Capital/Financing Update 2009
Oct 14, 2009
1518_rns_2009-10-14_f9203957-a938-4325-8e6a-36164479f090.pdf
Capital/Financing Update
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The capital increase with preferential subscription rights for shareholders launched on September 21 by Carbone Lorraine was a great success. The issue of shares was largely oversubscribed, with total demand reaching 5.9 million shares, which exceeded the number offered by close to 60%.
In accordance with the initial offer, the gross proceeds amounted to €63.4 million and 3,730,044 new shares were issued.
Settlement-delivery of the new shares is due to take place on October 16. The new shares are also scheduled to be admitted to trading on the Euronext Paris market on October 16 and will immediately be fungible with existing shares.
Carbone Lorraine wishes to thank all its shareholders for the confidence they have demonstrated in the Group's strategy and future outlook by taking up their allocations.
Aside of the capital increase, FSI (Fonds Stratégique d'Investissement) and Caisse des Dépôts declared that they have acquired a stake of over 5% in the Group's share capital. FSI is an equity investor that acquires minority shareholdings in French businesses pursuing industrial projects that unlock value for and boost the competitiveness of the economy.
PRESS RELEASE
Paris, October 14, 2009
Not for distribution in the United States, in Canada, in Australia or in Japan
About Carbone Lorraine
World leader of graphite solutions and electrical components, Carbone Lorraine specializes in the implementing of high technology materials in demanding industrial environments and in the development of systems, which are fundamental to the smooth operation of the motor and the protection of electrical equipment. With over 85% of its sales carried out internationally, the Group holds leadership positions in all of its occupations.
| Advanced Materials and Technologies: | N°1 worldwide in anti-corrosion equipment in graphite |
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| N°2 worldwide in high temperature applications of isostatic graphite |
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| Electrical Components and Technologies: | |
| Electrical Applications: | N°1 worldwide in brushes for electrical motors |
| Electrical Protection: | N°1 worldwide in fuses for powerful semi-conductors |
| N°2 worldwide in industrial fuses |
The Group is listed at Euronext Paris, Compartiment B and is a part of the following indices CAC Mid100, SBF120 et Next 150. Find Carbone Lorraine on Bloomberg: CRL FP and on Reuters: CBLP.PA
Visit our Internet website www.carbonelorraine.com
Analyst and Investor Contact
Sébastien Desarbres VP Investor Relations Carbone Lorraine
Tel.: +33 (0)1 46 91 54 49 [email protected]
Press Contact
Publicis Consultants Vilizara Lazarova
Tel.: +33 (0)1 57 32 86 46 [email protected]
This press release must not be published, released or distributed, directly or indirectly, in the United States of America (including its territories and possessions, any State of the United States and the District of Columbia), Australia, Canada or Japan. This press release and the information it contains do not constitute an offer to sell or subscribe or a solicitation of an order to buy or subscribe for securities in any country.
The distribution of this press release may be restricted by applicable laws and regulations. Persons who are physically located in those jurisdictions and in which this press release is circulated, published or distributed must inform themselves about and observe such restrictions.
The securities mentioned in this press release have not been and will not be registered under the United States Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States absent such registration or an applicable exemption from the registration requirements of the Securities Act. Carbone Lorraine does not intend to register any portion of the planned offering in the United States or to conduct a public offering of securities in the United States. More comprehensive information about Carbone Lorraine may be obtained on its Internet website (www.carbonelorraine.com), under Regulated Information.
Not for distribution in the United States, in Canada, in Australia or in Japan