The Beacon Group intends to sell its shares of Compagnie Generale de Geophysique

19 octobre 2021 Pierre Perrin-Monlouis

The Beacon Energy Investment Fund II LP and its related entities intend to sell up to 1,777,071 shares in Compagnie Générale de Géophysique (CGG) in a private placement to institutional investors. The shares to be sold represent 15.21% of the outstanding shares of CGG.
Subject to market conditions, the placement is expected to be completed by March 14, 2005.

Lehman Brothers will be the sole bookrunner of the private placement.

This announcement does not constitute an offer of securities of Compagnie Générale de Géophysique for sale or subscription, or a solicitation of offers to purchase or subscribe for securities, in France or in any other jurisdiction.

This announcement is not an offer of securities for sale in the United States. Securities may not be offered or sold in the United States absent registration under the U.S. Securities Act of 1933, or an exemption from registration. No public offering of securities has been or will be made in the United States and, accordingly the securities will not be registered under the U.S. Securities Act of 1933. This announcement is being issued pursuant to Rule 135e of the U.S. Securities Act of 1933.

Photo of author
Trader & Analyste Financier
Fondateur de Rente et Patrimoine et à la tête du service Bourse Trading, il vous fait profiter de son expérience en trading grâce à ses analyses financières et décrypte pour vous les actualités des marchés. Son approche globale des marchés combine à la fois l'analyse technique et fondamentale.