Communiqué: Announcement of the results of the initial acceptance period of the conditional voluntary public takeover bid fo...
April 27 2021 - 2:15AM
Communiqué: Announcement of the results of the initial acceptance
period of the conditional voluntary public takeover bid for Orange
Belgium (the "Offer") and reopening of the Offer
Press releaseParis, 27 April 2021
NOT FOR DISTRIBUTION IN THE UNITED STATES OF AMERICA, CANADA,
AUSTRALIA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH SUCH
PUBLICATION WOULD BE ILLEGAL
Announcement of the results of the initial acceptance
period of the conditional voluntary public takeover bid for Orange
Belgium (the "Offer") and reopening of the Offer
During the initial acceptance period, which began on April 8 and
ended on April 23, 12,997,651 Orange Belgium shares were tendered
to the Offer, representing 21.66% of the share capital of Orange
Belgium and 46.10% of the total number of shares targeted by the
Offer.
As the conditions to which the Offer was subject have been met,
payment of the Offer price for the shares tendered during the
initial acceptance period will take place on May 4.
At the end of the initial acceptance period, Orange SA directly
and indirectly holds 44,820,408 shares of Orange Belgium (including
treasury shares), representing 74.68% of the share capital of
Orange Belgium.
Furthermore, in accordance with chapter 6.3.3.1 of the
prospectus relating to the Offer, Orange SA has decided to reopen
the Offer from April 28 to May 4 inclusive. The price of €22 per
share remains unchanged.
Payment of the Offer price for the shares tendered during the
reopening will take place on May 17.
The documentation of the Offer is available on the following
websites: www.bnpparibasfortis.be/sparenenbeleggen (in Dutch and
including the summary of the prospectus in English)
www.bnpparibasfortis.be/epargneretplacer (in French and presenting
the summary of the Prospectus in English) and on the websites of
Orange Belgium (corporate.orange.be/) and Orange
(www.orange.com)
About OrangeOrange is one of the world’s leading
telecommunications operators with sales of 42.3 billion euros in
2020 and 142,000 employees worldwide at 31 December 2020, including
82,000 employees in France. The Group has a total customer base of
259 million customers worldwide at 31 December 2020, including 214
million mobile customers and 22 million fixed broadband customers.
The Group is present in 26 countries. Orange is also a leading
provider of global IT and telecommunication services to
multinational companies, under the brand Orange Business Services.
In December 2019, the Group presented its new "Engage 2025"
strategic plan, which, guided by social and environmental
accountability, aims to reinvent its operator model. While
accelerating in growth areas and placing data and AI at the heart
of its innovation model, the Group will be an attractive and
responsible employer, adapted to emerging professions.
Orange is listed on Euronext Paris (symbol ORA) and on the New
York Stock Exchange (symbol ORAN).For more information on the
internet and on your mobile: www.orange.com,
www.orange-business.com or to follow us on Twitter:
@orangegrouppr.Orange and any other Orange product or service names
included in this material are trademarks of Orange or Orange Brand
Services Limited.
Press contact:Tom Wright; tom.wright@orange.com;
+33 6 78 91 35 11
Warnings:This press release may not be published,
distributed or disseminated in any country or territory where its
publication or the offers referred to in this press release would
be illegal or may require registration or any other filing of
documents. Anyone in possession of this press release must refrain
from publishing, distributing or disseminating it in the countries
and territories concerned.
This press release may not be published, distributed or
disseminated in the United States, Canada, Australia or Japan. The
public tender offer referred to in this press release will not be
extended to the United States, directly or indirectly, and will not
use any jurisdictional means (such as the post office, telephone
networks, financial markets, the Internet or any other means) of
the United States.
This press release does not constitute an extension to the
United States, Canada, Australia or Japan of any offer mentioned in
this press release. Furthermore, this press release does not
constitute or form part of an offer to sell, nor does it constitute
a solicitation of an order to buy financial instruments in the
United States or in any other jurisdiction.
- PR_Orange_results_offer_OBEL_EN_270421_bis
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