Groupe Steria announces the completion of its capital increase with preferential subscription rights. The rights issue was launched on November 13 simultaneously with the issuance of a hybrid subordinated convertible bond in order to refinance the bridge loan used to finance the acquisition of Xansa Plc. Total proceeds of the rights issue amount to €200,986,333 through the issue of 8,663,204 new shares. The transaction was oversubscribed indicating strong support and confidence of Steria’s shareholders in the Group’s strategy. Total demand amounted to approximately €231m, i.e. a subscription rate of 115%. 8,189,440 new shares were subscribed for through the exercise of rights on a non-reducible basis, i.e. 94.5% of the total number of new shares. 1,762,911 new shares were subscribed for on a reducible basis, out of which 473,764 shares will be allocated. Success of the rights issue marks the final step in the acquisition of Xansa. The integration project is proceeding well and the Group will provide an update to the market on business integration and delivery of synergies mid December 2007. The settlement and listing of the new shares will take place on December 11, 2007. The new shares will begin trading on December 11, 2007 on the Eurolist market of Euronext Paris on the same line of trading as the existing shares under ISIN code FR0000072910. As of December 11, 2007, the share capital of Groupe Steria will comprise 28,155,419 shares.
This press release must not be published, distributed or disseminated, directly or indirectly, in the United States, Australia, Canada, or Japan.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 law in certain jurisdictions. Persons into whose possession this press release comes are required to inform themselves about and to observe such laws.
This document 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 with the United States Securities and Exchange Commission or an exemption from registration. There will be no public offering of these securities in the United States.
In the United Kingdom, this announcement, insofar as it constitutes an invitation or inducement to participate in the offering, is only being distributed to and only directed at (1) persons who have professional experience in matters related to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”) or high net worth entities falling within Article 49(2)(a)-(d) of the Order or (2) persons to whom it may otherwise lawfully be communicated (all such persons together being referred to as “relevant persons”). The securities are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, relevant persons.
Groupe Steria is listed on Euronext Paris, Eurolist (Compartment B) ISIN: FR0000072910, Bloomberg Code: RIA FP, Reuters Code: TERI.PA CAC MID&SMALL 190, CAC MID 100, CAC Soft&CS, CAC Technology SBF 120 general index, SBF 250, SBF 80, IT CAC, NEXT 150 For further information, please visit our website: http://www.steria.com
Press officer: Isabelle GRANGE Tel: +33 1 34 88 64 44 / +33 6 15 15 27 92 [email protected]
Olivier PSAUME Tel: +33 1 34 88 55 60 / +33 6 17 64 29 39 [email protected]