Maurel & Prom / Pertamina:Final result after reopening of

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
93
Maurel & Prom / Pertamina:Final result after reopening of the tender offer

Paris, 16 February 2017

Final result after reopening of the tender offer

In the context of the reopened tender offer launched by Indonesian company PT Pertamina Internasional Eksplorasi dan Produksi ("PIEP") for the shares and bonds (bonds redeemable in cash and/or new and/or existing shares: "Ornanes 2019" and "Ornanes 2021") of Maurel & Prom (the "Offer"), 15,987,365 Maurel & Prom shares, 790,213 Ornanes 2019 and 510,530 Ornanes 2021 have been tendered.

In total, at the end of the Offer, PIEP holds (i) 141,911,939 Maurel & Prom shares representing the same number of voting rights, i.e. 72.65% of share capital and 71.39% of the voting rights in Maurel & Prom, (ii) 7,635,839 Ornanes 2019 representing 52.09% of outstanding Ornanes 2019 and (iii) 4,359,150 Ornanes 2021 representing 41.77% of outstanding Ornanes 2021.

It further reported that the coupon accrued by Ornane 2019 and by Ornane 2021, defined as the coupon calculated in proportion to the number of days elapsed between the last coupon detachment date (1 January 2017 inclusive) and the settlement/delivery date (exclusive) of Ornanes 2019 and Ornanes 2021 (scheduled as 22 February 2017), was set at €0.04 for Ornanes 2019 and €0.04 for Ornanes 2021 ( i.e . an Offer price of €17.30 per Ornane 2019 (accrued coupon included) and an Offer price of €11.06 per Ornane 2021 (accrued coupon included)).

The Offer document ( note d'information ) of PIEP, the Offer document in response ( note en réponse ) of Maurel & Prom, the document " Informations relatives aux caractéristiques notamment juridiques, financières et comptables " relating to PIEP and the document " Informations relatives aux caractéristiques notamment juridiques, financières et comptables " relating to Maurel & Prom are available on the websites of the AMF ( www.amf-france.org ) and of Maurel & Prom ( www.maureletprom.fr ).

Important information: The present press release has been drafted for information purposes only. It is highly recommended that investors and shareholders based in France go through the documents relating to the Offer, as well as any amendments or additions to these documents given that they contain important information regarding PIEP, Maurel & Prom and the Offer. This press release must not be published, disseminated or distributed directly or indirectly in any country where the distribution of this information is subject to legal restrictions. The dissemination, publication or distribution of this press release in some countries may be subject to legal or regulatory restrictions. Consequently, people based in the countries where this press release is disseminated, published or distributed must find out about such restrictions and comply with them. PIEP and Maurel & Prom accept no responsibility in the event of a violation of the restrictions by any person.

Attachments:

http://www.globenewswire.com/NewsRoom/Attachm...3490bdd37b

Scroll down for more posts ▼

Top 10 Most Recent News Articles

TGI Fridays Unveils New 3 For All Menu Options

Updated Category News Views 10

Hedging Bets on New Dining Strategies Oh, the restaurant battlefield—where one day you're the toast of the town, and the next, you're hustling to keep those seats filled. TGI Fridays, a name as synonymous with casual eats as long as I’ve been in this game, is rolling the dice with a new offering dubbed '3 For All.' Doesn't sound like your average meal deal either....

Continue Reading
Red Banyan Earns Top Honors in Florida for 2026

Updated Category News Views 5

Red Banyan: A Powerhouse in Reputation Management Boy, have you ever watched a company rise through the ranks almost like a caffeine kick on a drowsy morning? That's Red Banyan for you. This outfit, right out of Fort Lauderdale, snagged the '2026 Best of Florida' award as the cream of the crop in the Business Consulting Firms category. It’s like taking home an Oscar in...

Continue Reading
BMAP Expands: Bridging Borders in Legal Advocacy

Updated Category News Views 6

Breaking Down BMAP's Unique Approach Just when you thought you've seen it all, along comes LMU Loyola Law School swinging the doors wide open with their Binational Migrant Advocacy Project, or as we’re affectionately calling it, BMAP. It's a mouthful, sure, but ain't it something? This project isn't just another feather in academia's cap—it's a relentless counterpunch...

Continue Reading
Koogler's Sale to ALL4: A Game-Changer for the Southeast

Updated Category News Views 5

A Strategic Alignment Unfolds in Environmental Engineering Ever notice how those industry shifts often sneak up on you, only to leave a mark that's hard to ignore? That's exactly what's playing out with Koogler & Associates' recent hookup with ALL4 LLC. Set aside that coffee, this one's too important to miss if you've got a stake in the environmental consulting game or...

Continue Reading
Lyric Health's AI System Promises Data-Driven Revolution

Updated Category News Views 4

A Bold Step in Healthcare Coordination No doubt about it, healthcare is a mess. It's like trying to patch a leaking ship with duct tape—point solutions here, add-ons there, and nothing truly working in harmony. And in storms in Lyric Health, claiming they've got the answer. They've launched an AI-powered Healthcare Operating System meant to unify these disjointed pieces...

Continue Reading
Solar Fencing Revolutionizes North Texas Homes

Updated Category News Views 4

Fences Go Solar: Welcome to the Future Land of fences and sunshine, North Texas is about to see a game changer in home improvement. Southwest Fence & Deck is rolling out the red carpet as an Authorized SOL Fence Installation Partner, putting solar power right in your backyard. Yeah, there have been sparks of innovation in plenty of fields, but who expected fences to join...

Continue Reading
WellLink Advisory Board Eyes Future of Healthcare Innovation

Updated Category News Views 5

Strategic Collaboration for Healthcare Evolution Ready to shake things up in healthcare, WellLink is setting the stage with its brand new Advisory Board. This move isn’t just about having fancy titles sitting around a conference table — it's about grabbing onto the future with both hands and figuring out just what the heck the healthcare industry needs next....

Continue Reading
Avive Partners with Cambridge Fire for Lifesaving Training

Updated Category News Views 8

Tapping into the Pulse: Avive & Cambridge Fire in Action No fooling around here—Avive Solutions is linking arms with the Cambridge Fire Department to put the city on a faster track to becoming a lifesaver haven. They're rolling out a free CPR and AED training right in the Smith Campus Center, Harvard Square. It's the kind of thing you love to see—getting the community...

Continue Reading
Finastra Recognized as 2026 Leader in Payment Platforms

Updated Category News Views 4

Finastra Steals the Spotlight in Payments Innovation When it comes to the modern world of finance, nothing screams ‘adapt or fade into oblivion’ like the payments industry. Well, here’s a reality check from QKS Group: Finastra has snatched the spotlight in their SPARK Matrix™ for 2026 as a powerhouse in integrated bank payments platforms. Clearly, this ain’t...

Continue Reading
American Savings Bank IPO Hits NYSE: $129M Raised

Updated Category News Views 6

A Big Day for American Savings Bank Buckled up yet? Because American Savings Bank has just shot onto the NYSE, raising a hefty $129 million. A solid start, I’d say, for a Honolulu-based outfit that now struts around with a valuation tipping beyond $1.03 billion. That’s what you get when you price more than eight million shares at $16 a pop. NYSE:ASBH is the new kid on...

Continue Reading
ction>

Top 5 Most Recently Viewed Articles

Transformative Leadership Changes at Shell plc for Sustainability

Updated Category News Views 1262

Transformative Changes in Shell's Executive Leadership In a strategic move to align with its vision for a more sustainable future, Shell plc has announced significant changes to its Executive Committee. This transformation seeks to maximize value while minimizing emissions, pivotal to the company's ongoing evolution. Strategic Vision for a Sustainable Future Chief...

Continue Reading
Broadstone Net Lease Prepares for Q3 2024 Earnings Insights

Updated Category News Views 39

Broadstone Net Lease, Inc. (NYSE: BNL) dropped the bombshell that its financial results for Q3 2024 would hit the market on October 30, 2024. Traders were already buzzing at terminals about how this was gonna shake out—BNL's been chugging along with a portfolio packed with industrial and commercial properties, but you know how it goes when earnings reports loom; the...

Continue Reading
Exploring Biophotonics: Insights into Growth and Innovation

Updated Category News Views 120

Understanding Biophotonics Innovations and Market Trends Biophotonics stands at the forefront of medical advancements, transforming the way we approach healthcare and life sciences. This field combines biology and photonics, leveraging light to enhance diagnostic and therapeutic applications. As we delve into the innovative landscape of biophotonics, it's essential to...

Continue Reading
Leadership Changes at THOR Industries: Investor Relations Update

Updated Category News Views 187

THOR Industries Announces Transition in Investor Relations Leadership THOR Industries, Inc. (NYSE: THO) has officially revealed that Seth Woolf, the Head of Corporate Development & Investor Relations, will be leaving the company to pursue an opportunity outside the organization. This important change reflects a personal career decision for Mr. Woolf, who has been a vital...

Continue Reading
Understanding Renewi Plc's Public Disclosure in 2025

Updated Category News Views 251

Overview of the Public Disclosure Rule The public disclosure of interests in relevant securities is a structured process guided by various regulations including the Takeover Code. This specific disclosure informs stakeholders about share interests representing 1% or more in companies like Renewi Plc, enhancing market transparency and confidence. Key Disclosure Information...

Continue Reading