This disposal forms part of the implementation by Groupe BPCE of its strategic plan aiming at reducing or disposing of its parts in its non-core assets. Following the Transaction, Groupe BPCE retains a residual participation of 12.8 % in Nexity’s share capital. In the context of this market transaction, Groupe BPCE has entered into a 3-month lock-up undertaking relating toits remaining stake in Nexity and has re-asserted its confidence in Nexity’s prospects.The shares’ placement has been managed by BNP PARIBAS. Rothschild & Cie acted as financial advisor to Groupe BPCE in this Transaction.
This announcement is for information purposes only and does not constitute an offer to sell ora solicitation to buy any securities, and the offer of Nexity shares by Groupe BPCE does not constitute a public offering in any jurisdiction, including in France.This communication is for distribution in the United Kingdom only to (i) investment professionals falling within article 19(5) of the Financial Services and Markets Act 2000(Financial Promotion) Order 2005 (the "Order") or (ii) high net worth entities and other persons to whom it may lawfully be communicated, falling within article 49(2)(a) to (d) of theOrder (all such persons together being referred to as "relevant persons").
This announcement is not an offer for sale of securities in the United States. The offer and saleof the securities referred to in this announcement has not been, nor will be, registered underthe United States Securities Act of 1933 (the "Securities Act") and the securities may not be offered or sold in the United States absent such registration or an applicable exemption from the registration requirements of the Securities Act. There will be no public offering of the securities in the United States in connection with this transaction.
Any investment decision to buy shares in Nexity must be made solely on the basis of publicly available information regarding Nexity. Such information is not the responsibility of Groupe BPCE.
Release, publication or distribution of this press release is forbidden in any country where it would violate applicable laws or regulations.