Extension of the simplified public tender offer (« offre publique d’achat simplifiée ») on Natixis’ shares

July 1, 2021

The duration of BPCE's simplified tender offer for Natixis shares is extended for a period of six trading days until Friday 9 July 2021 included (see notice no. 221C1617 published by the AMF on 1st July 2021).

Part of Natixis' share capital (and thus of the residual free float) is held by index-tracking funds which were not able to decide to tender to the offer until BPCE had reached the 85% ownership threshold.

The extension of the offer period aims at allowing notably these index-tracking funds to make their decision taking into account the level of holding reached by BPCE to date.

As of market close on July 1st, BPCE holds 86.66% of Natixis’ share capital.

BPCE's intentions remain unchanged (see notably BPCE’s offer document having received from the AMF the visa no. 21-107 on 15 April 2021), in particular as regards the implementation of a squeeze-out procedure if the conditions are met at the end of the offer.

DISCLAIMER

This press release has been prepared for information purposes only. It does not constitute an offer to buy, or the solicitation of an offer to sell any securities of Natixis, or an offer to sell, in any jurisdiction, including France. This document is not meant to be disseminated in any jurisdiction other than France, except in those jurisdictions where such dissemination is authorised by applicable laws and regulations.

The dissemination, publication, or distribution of this press release, as well as that of the Offer and its acceptance, may be subject to specific regulations and restrictions in certain jurisdictions. The Offer will not be addressed to those persons directly or indirectly subject to such restrictions and may not be accepted in any jurisdiction where the Offer is subject to such restrictions. Accordingly, persons who come into possession of this press release should inform themselves of and observe these local restrictions. BPCE disclaims any responsibility or liability for the violation of any such restrictions by any person.

The information and documentation relating to the Offer are available as follows:

  • BPCE’s Offer Document having received from the AMF the visa no. 21-107 on 15 April 2021 and the other information relating to the legal, financial, accounting and other characteristics of BPCE can be consulted on the websites of the AMF (www.amf-france.org) and BPCE (www.groupebpce.com)
  • Natixis’ Reply Document having received from the AMF the visa no. 21-108 on 15 April 2021 and the other information relating to the legal, financial, accounting and other characteristics of Natixis can be consulted on the websites of the AMF (www.amf-france.org) and Natixis (www.natixis.com)

 

 

 

Contact

Asset