COD Compagnie De Saint-gobain

 

TIDMCOD 
 
RNS Number : 0122P 
Compagnie de Saint-Gobain 
17 March 2009 
 

 
 
 
 
Paris, March 17, 2009 
 
 
 
 
NOT FOR DISTRIBUTION IN THE UNITED STATES, CANADA, JAPAN OR AUSTRALIA 
 
 
 
 
+-----------------------------------------------------------------------------+ 
|                          Saint-Gobain rights issue                          | 
|                  an outstanding success, with 96% take-up                   | 
|                                                                             | 
+-----------------------------------------------------------------------------+ 
 
  *  The rights issue launched by Saint-Gobain on February 20 attracted a massive 
  shareholder response. In all, 95.7% of the warrants ("Bons de Souscription 
  d'Actions" or "BSAs") allocated to shareholders were exercised, leading to the 
  issue of 103.3 million new shares for a total of EUR1.45 billion. 
 
 
 
  *  To complete the transaction, a private placement of some 4.7 million new shares 
  will be carried out on March 18 and 19, following the buyback of the unexercised 
  BSAs. 
 
 
 
  *  The success of the rights issue attests to shareholders' confidence in 
  Saint-Gobain's strong fundamentals and growth potential. The proceeds will be 
  used to reduce net debt and thus strengthen the Group's balance sheet. 
 
 
 
The exercise and trading period for the BSAs freely allocated on February 23, 
2009 ended on March 6, 2009. During this period, 95.7% of the total number of 
granted and exercisable(1) BSAs were exercised. 
 
 
Following Saint-Gobain's buyback, on behalf of the underwriters, of all BSAs 
that had not been exercised as of March 6, 2009, the Company is launching a 
private placement of the shares issued upon the subsequent exercise of these 
BSAs. The shares will be placed by the Lead Managers and Bookrunners for the 
original rights issue. 
 
 
The private placement concerns 4,687,832 new shares. 
 
 
It is expected to take place over two trading days, i.e. on March 18 and 19, 
2009 (inclusive), but may close earlier without prior notice. 
 
This private placement is intended solely for qualified investors both in France 
and outside France, excluding certain countries, notably the United States, 
Canada, Japan and Australia. 
 
 
The price for the new shares offered in the private placement and the buyback 
price of the BSAs will be announced in a press release at the latest on March 
19, 2009 after market close. 
 
 
The new Saint-Gobain shares are expected to be issued and listed on March 23, 
2009. 
 
 
 
 
Information for the public 
 
 
A prospectus approved by the French securities regulator (Autorité des Marchés 
Financiers - "AMF") under visa No. 09-042 on February 19, 2009 is available free 
of charge at the head office of Saint-Gobain, through the Joint Bookrunners, as 
well as on the websites of Saint-Gobain (www.saint-gobain.com) and the AMF 
(www.amf-france.org). 
 
 
Saint-Gobain draws the attention of investors to the information on risk factors 
presented in the prospectus approved by the AMF. 
 
 
 
 
+-----------------------------------------+------------------------------------+ 
|       Analyst/Investor relations        |          Press relations           | 
+-----------------------------------------+------------------------------------+ 
| Florence Triou-Teixeira  +33 1 47 62 45 | Sophie Chevallon       +33 1 47 62 | 
| 19                                      | 30 48                              | 
| Etienne Humbert            +33 1 47 62  |                                    | 
| 30 49                                   |                                    | 
| Vivien Dardel     +33 1 47 62 44 29     |                                    | 
|                                         |                                    | 
+-----------------------------------------+------------------------------------+ 
 
 
 
 
About Saint-Gobain. 
 
 
Saint-Gobain, a worldwide leader in the residential construction markets, 
designs, manufactures and distributes building materials. With EUR 43.8 billion 
of sales in 2008, Saint-Gobain is present in 59 countries and employs nearly 
210,000 people. 
 
 
Disclaimer 
 
 
This document constitutes an advertisement and not a prospectus. 
 
 
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. 
 
 
The distribution of this press release may be restricted by law or regulations 
in certain jurisdictions. Consequently, persons who are physically located in 
those jurisdictions and in which this press release is circulated, published or 
distributed must inform themselves with regard to, and conform to, those legal 
and statutory requirements. 
 
 
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 
registration or an applicable exemption from the registration requirement under 
the Securities Act. Compagnie de Saint-Gobain 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. 
 
[1] 4,511,742 BSAs attributed to shares held in treasury on February 20, 2009 
were cancelled. 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 ARIGUUPUWUPBGMM 
 

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