Dassault Aviation: Financial Release
(Thomson Reuters ONE) -
Financial Release
Saint-Cloud, France, March 25, 2015 - Further to the announcement made by Airbus
Group of its intention to sell 1.38 million shares in Dassault Aviation
following a bookbuilt offering with institutional investors, and given the
significant relative size of this offering compared with Dassault Aviation's
current free float and stock liquidity, Dassault Aviation requested Euronext
Paris to effect a trading halt in its shares in order to allow for an orderly
bookbuilding exercise. The trading in the shares will resume as soon as possible
after the pricing of the offering and after release by Euronext Paris of the
appropriate notice, i.e. expected to be at the latest upon market opening on
Friday 27 March at 9.00am Paris time.
In accordance with the initial agreement signed between Airbus Group and
Dassault Aviation on 28 November 2014, Dassault Aviation will show its support
to the placement by placing an order for 50% of the placement size, within a
global limit of 5% of Dassault Aviation's share capital, at a maximum price of ?
980 per share. Airbus Group will reserve these Shares to Dassault Aviation,
subject to such amount not exceeding the limit of 5 percent of Dassault
Aviation's share capital, at the placement price. Should the placement price be
higher than ? 980 per share, the price of the Shares sold in the placement to
Dassault Aviation will remain at ? 980 while the price of the Shares to be sold
to all other purchasers will remain at the higher placement price.
Dassault Aviation welcomes this opportunity to enlarge its free float.
* * *
About Dassault Aviation
With over 8,000 military and civil aircraft delivered to 90 countries over the
last 60 years, logging some 28 million hours in flight, Dassault Aviation has
built up expertise recognized worldwide in the design, development, sale and
support of all types of aircraft, ranging from the Rafale fighter to the high-
end Falcon family of business jets and military drones. Dassault Aviation posted
sales of 3.68 billion euros in 2014, and has nearly 11,600 employees.
www.dassault-aviation.com
Twitter : (at)Dassault_OnAir
Dassault Aviation: Financial Release:
http://hugin.info/143388/R/1906036/678470.pdf
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Source: Dassault Aviation via GlobeNewswire
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