NHOA: Result of the simplified tender offer for the company's shares.
November 21 2024 - 2:05PM
Business Wire
Continued suspension of trading in the
company's shares.
Regulatory News:
NHOA (Paris:NHOA):
NHOA
(Euronext Paris)
- Euronext Paris has informed the Autorité des marchés financiers
that by 20 November 2024, the final date set for financial
intermediaries to submit orders in response to the simplified
tender offer launched by Taiwan Cement Europe Holdings B.V. for the
shares of NHOA, it had received 19,388,386 shares. At the close of
the public offer, TCC Group Holdings Co, Ltd indirectly holds,
through the Dutch companies TCC Dutch Holdings B.V. and Taiwan
Cement Europe Holdings B.V. which it controls, 273,162,697 NHOA
shares representing the same number of voting rights, i.e. 99.19%
of the share capital and voting rights of this company1&2.
Shareholders who tender their shares to the centralised public
offer are reminded that their entitlement to a price supplement is
described in Taiwan Cement Europe Holdings B.V.'s offer document
and is admitted to trading by Euroclear France (see in particular
D&I 224C2193 dated 5 November 2024 and Euronext Paris notice
PAR_20241106_31922_EUR). Settlement and delivery of the offer will
take place in accordance with the timetable communicated by
Euronext Paris.
- NHOA's shares will remain suspended pending implementation of
the squeeze-out procedure.
__________________________ 1 Based on a share capital of
275,402,417 shares representing the same number of voting rights,
pursuant to paragraph 2ème of Article 22311 of the General
Regulations. 2 There are 25,043 free shares allocated to Mr
Carlalberto Guglielminotti and Mr Giuseppe Artizzu which are
subject to a holding period expiring on 28 July 2025 (the "blocked
shares"). These shares are not covered by the offer; the offeror
has proposed to the latter, as holders of blocked shares, that they
enter into a liquidity contract to enable them to benefit from
liquidity in cash on terms consistent with the offer price
(including any additional consideration) (see in particular section
2.6.2 of the offeror's offer document). These contracts were signed
on 1er and 4 November 2024. Consequently, these 25,043 NHOA shares
are held by the offeror by assimilation under the provisions of
article L. 2339 I, 4° of the French Commercial Code.
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