Final results of EssilorLuxottica’s public offer for
- Following the Post-Acceptance Period that ended on
December 20 , the Offeror will hold in total approximately 99.84% of the issued share capital ofGrandVision - Settlement of the Shares tendered during the Post-Acceptance Period will take place on
23 December 2021 - The last trading date of the Shares on Euronext Amsterdam will be on
7 January 2022 and listing and trading of the Shares will terminate as of10 January 2022 - The Offeror will initiate statutory buy-out proceedings in order to obtain 100% of the Shares
Charenton-le-Pont,
Terms not defined in this press release will have the meaning as set out in the Offeror’s offer memorandum dated
Acceptance
During the Post-Acceptance Period, which expired at 17:40 hours CET on
Including the 99.73% interest already held by the Offeror, the Offeror will hold a total of 254,031,577 Shares, representing approximately 99.84% of the issued share capital of
Settlement
With reference to the Offer Memorandum, Shareholders who accepted the Offer shall receive the Offer Price for each Share validly tendered (or defectively tendered provided that such defect has been waived by the Offeror) and delivered (geleverd) under the terms and restrictions of the Offer.
Settlement of the Offer shall occur and payment of the Offer Price per Share validly tendered (or defectively tendered provided that such defect has been waived by the Offeror) shall take place on
Delisting
As announced on
In consultation with Euronext, it has been decided that delisting will take place on
Buy-out proceedings
As the Offeror has acquired more than 95% of the Shares, the Offeror intends to initiate, as soon as possible, the Buy-Out. Reference is made to Section 5.11.4 (Buy-out proceedings) of the Offer Memorandum.
Offer Memorandum, Position Statement and further information
This announcement contains selected, condensed information regarding the Offer and does not replace the Offer Memorandum and/or Position Statement. The information in this announcement is not complete and additional information is contained in the Offer Memorandum and Position Statement.
Digital copies of the Offer Memorandum are available on the website of the Offeror (www.essilorluxottica.com) and digital copies of the Offer Memorandum and Position Statement are available on the website of
Copies of the Offer Memorandum and the Position Statement are also available free of charge from
The Base
Tower C, 6th floor
1118CL Schiphol
ABN AMRO Bank N.V.
Corporate Broking and Issuer Services HQ7212
Gustav Mahlerlaan 10
1082 PP Amsterdam
Attachment
GrandVision and EssilorLuxottica press release
© OMX, source