ASSYSTEM : Successful early redemption of ODIRNANE
Post# of 301275
Paris, 7 March 2017 - Assystem S.A. (Code ISIN: FR0000074148 - ASY)
Successful early redemption of Odirnane bonds
As announced on 1 February 2017, on 6 March 2017 Assystem (Euronext: FR0000074148 - ASY) redeemed in advance of maturity the outstanding perpetual bonds redeemable in cash and/or in new and/or existing shares that it issued on 17 July 2014 (ISIN FR0012032712 - hereinafter the "Odirnane bonds").
A total of 57,245 Odirnane bonds were tendered for conversion by their holders. In accordance with the terms of the Odirnane indenture, Assystem opted to pay an aggregate cash amount of €1,624,324.28 for the conversion of the bonds. No Assystem shares were allocated in addition to the cash payment.
On 6 March 2017 Assystem then redeemed in cash the 433,023 Odirnane bonds that remained outstanding after the conversions, representing a total amount of €12,720,873.37 including accrued coupons (corresponding to €28.56 per Odirnane bond plus a coupon of €0.8169).
Disclaimer
This press release may not be published in the United States or in any other country in which its publication could be illegal or subject to restrictions and it may not be disclosed to persons residing in the United States or any other country in which such disclosure could be illegal or subject to restrictions. No documents relating to the early redemption of the Odirnane bonds may be communicated, either directly or indirectly, in such countries or to such persons.
Assystem is an international group specialised in engineering. As a key participant in the industry for 50 years, Assystem supports its clients in developing their products and managing their capital expenditure throughout the product life cycle. Assystem employs some 12,500 people worldwide and generated €956 million in revenue in 2016. Assystem S.A. is listed on Euronext Paris. For more information please visit www.assystem.com Follow Assystem on Twitter: @Assystem
CONTACT:
Philippe Chevallier CFO & Deputy CEO Tel: +33 (0)1 55 65 03 10
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