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Press release 12.4.09 par admin PDF

Exercise in full of the over-allotment option

Exercise in full of the over-allotment option. Total offering size increased to €926.9 million....

Paris, December 4, 2009 – CFAO announced today that, in relation to its initial public offering, the Global Coordinators, Joint Lead Managers and Joint Bookrunners, on behalf of the Underwriters, have exercised in full the over-allotment option resulting in the purchase from Discodis (a wholly-owned subsidiary of PPR) of 4,650,000 additional existing shares at the offering price of €26 per share.

As a result, the total number of CFAO shares offered in connection with its initial public offering amounts to 35,650,000 shares, or approximately 57.94% of CFAO’s share capital and voting rights, thereby increasing the total offering size to €926.9 million.

Following the settlement and delivery of the shares, which is expected to occur on December 7, 2009, Discodis will hold approximately 41.98% of CFAO’s share capital and voting rights.

In addition, Goldman Sachs International, in its capacity as stabilizing manager, has informed CFAO that no stabilization has been carried out during the stabilization period, which started on 2 December 2009 (after the issue of CFAO’s press release announcing the results and the price of the offering) and ended today.

Publicly Available Information
Copies of the prospectus that received visa number 09-333 from the AMF on November 16, 2009, consisting of the Document de Base registered on October 7, 2009 under number I.09-079 and a note d’opération (which includes a summary of the prospectus), are available free of charge at CFAO’s registered office (18, rue Troyon, 92316 Sèvres) and from the above-mentioned financial intermediaries, as well as on the websites of CFAO (www.cfaogroup.com) and the AMF (www.amf-france.org). Potential investors are urged to consider the risk factors set forth in section 4 “Risk Factors” of CFAO’s Document de Base and in sections 2 “Risk Factors Relating to the Offering” and 11.3.3 “Risks Relating to the Credit Facility Agreement” of the note d’opération, as well as the restrictions described in section 5 “Terms of the Offering” of the note d’opération, that apply to the distribution of the prospectus, the Document de base, the note d’opération (and its summary) and any other document or information relating to the offering of CFAO shares. The occurrence of all or some of these risks could have an adverse effect on the business, results of operations, financial condition or prospects of CFAO.

Persons wishing to obtain further information may call the following number, which is toll-free when dialed from a land-line (numéro vert): +33 (0) 800 859 000.

Please find attached the entire press release hereafter (french only).


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