Compagnie de Saint-Gobain Results of the tender offer launched on May 6,2022 (6431L)
May 16 2022 - 7:58AM
UK Regulatory
TIDMCOD
RNS Number : 6431L
Compagnie de Saint-Gobain
16 May 2022
THIS ANNOUNCEMENT RELATES TO THE DISCLOSURE OF INFORMATION THAT
QUALIFIED OR MAY HAVE QUALIFIED AS INSIDE INFORMATION WITHIN THE
MEANING OF ARTICLE 7(1) OF THE MARKET ABUSE REGULATION (EU)
596/2014. AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF THE
EUROPEAN UNION (WITHDRAWAL) ACT 2018
NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR
RESIDENT IN THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS
(INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN
SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS), ANY STATE OF
THE UNITED STATES OR THE DISTRICT OF COLUMBIA (the United States),
OR TO PERSONS WHO ARE "U.S. PERSONS" AS DEFINED IN, AND IN RELIANCE
ON, REGULATION S UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED
(each, a U.S. Person), OR INTO ANY OTHER JURISDICTION WHERE IT IS
UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT.
16 May 2022
COMPAGNIE DE SAINT-GOBAIN ANNOUNCES FINAL RESULTS OF THE TENDER
OFFER
On 6 May 2022, Compagnie de Saint-Gobain (the Offeror) launched
an invitation to holders of its outstanding GBP300,000,000 5.625
per cent. notes due November 2024 (ISIN: XS0274270817) (the Notes),
to tender their Notes for purchase by the Offeror for cash (the
Offer), subject to applicable offer and distribution
restrictions.
Capitalised terms used and not otherwise defined in this
announcement have the meanings given in the Tender Offer Memorandum
dated 6 May 2022 (the Tender Offer Memorandum).
The Offeror announces that it will accept for purchase in cash
an aggregate principal amount of the Notes validly tendered
pursuant to the Offer equal to GBP183,600,000. The final results of
the Offer are as follows:
Aggregate
Aggregate Principal Purchase Purchase Accrued
Principal Amounts of Yield Price Interest
Description ISIN/ Amount of Notes Notes accepted (per (per (per cent.
of the Notes Coupon Common Code tendered for purchase cent.) cent.) )
------------- ----------- --------------- ---------------- ---------------- ----------- ----------- -----------
5.625 per XS0274270817/
Notes cent. 027427081 GBP183,600,000 GBP183,600,000 1.984 108.768 2.836
The Offer remains subject to the conditions and restrictions set
out in the Tender Offer Memorandum.
The expected Tender Offer Settlement Date is 18 May 2022.
Full details concerning the Offer are set out in the Tender
Offer Memorandum.
Questions and requests for assistance in connection with the
Offer may be directed to the Dealer Manager and the Tender Agent,
the contact details for both of which are set out below.
NatWest Markets N.V. (Telephone +33-173249880; Attention:
Liability Management; Email:
liabilitymanagement@natwestmarkets.com) is acting as Dealer Manager
and Kroll Issuer Services Limited (Telephone: +44 20 7704 0880;
Attention: Thomas Choquet; Email: saintgobain@is.kroll.com) is
acting as Tender Agent.
This announcement is released by Compagnie de Saint-Gobain and
contains information that qualified or may have qualified as inside
information for the purposes of Article 7 of the Market Abuse
Regulation (EU) 596/2014 as it forms part of UK domestic law by
virtue of the European Union (Withdrawal) Act 2018 (UK MAR),
encompassing information relating to the Offer described above. For
the purposes of UK MAR and Article 2 of Commission Implementing
Regulation (EU) 2016/1055; this announcement is made by Paul
Thomson, Directeur Droit des Financements of Compagnie de
Saint-Gobain.
DISCLAIMER This announcement must be read in conjunction with
the Tender Offer Memorandum. No offer or invitation to acquire or
sell any securities is being made pursuant to this announcement.
The Dealer Manager does not take responsibility for the contents of
this announcement. The distribution of this announcement and the
Tender Offer Memorandum in certain jurisdictions may be restricted
by law. Persons into whose possession this announcement and/or the
Tender Offer Memorandum come into are required by each of the
Offeror, the Dealer Manager and the Tender Agent to inform
themselves about, and to observe, any such restrictions.
The Offer has not been and will not be registered under the
United States Securities Act of 1933, as amended (the Securities
Act) or with any securities regulatory authority of any state or
other jurisdiction of the United States and the Notes may not be
tendered in the Offer within the United States or to, or for the
account or benefit of, U.S. Persons except pursuant to an effective
registration statement under the Securities Act or an exemption
from, or in a transaction not subject to, the registration
requirements of the Securities Act, in each case in accordance with
any applicable securities laws of any state of the United
States.
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END
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