Very large success of
tender offer for Ingenico
Ownership by
- 88.64% of Ingenico's share capital, representing at least 83.20% of voting rights1
- 99.57% of OCEANEs in circulation
Settlement of the offer on
Reopening of the offer
Bezons and
Following the publication on
The offer will be reopened and the AMF will publish the timetable for the reopening of the offer.
“I am very pleased with this extremely high contribution rate to the tender offer, which demonstrates the strong support of Ingenico's shareholders for our project and the recognized relevance of this combination. We are delighted to now count Ingenico's shareholders among our shareholders.
Today, with Ingenico, we are opening a new page in the history of our company and of our industry. Our new group becomes indeed the undisputed European leader in digital payments, and one of the major global players, with outstanding market positions in online payments, merchant acquiring and transaction processing. With more than 20,000 experts, complete coverage of the payment value chain, state-of-the-art offerings, and an extended geographical reach,
“We are delighted with the successful outcome of the tender offer, with a vast majority of Ingenico shareholders having chosen to tender their shares.
This is a key milestone for Ingenico and another positive step forward towards the exciting new chapter ahead, as we create a world-class champion in payments services.
I would like to express my deepest gratitude to the Ingenico and
Detailed results of the tender offer
The distribution of the shares tendered to the offer is as follows:
- Primary mixed offer: 5,107,463 Ingenico shares have been tendered to the primary mixed offer;
- Secondary exchange offer: 51,269,494 Ingenico shares have been tendered to the secondary exchange offer;
- Secondary cash offer: 97,459 Ingenico shares have been tendered to the secondary cash offer.
Taking into account the results and in accordance with the planned mix and match mechanism, the orders of the primary mixed branch and the secondary cash branch will be fully served. The number of Ingenico shares tendered to the exchange branch compared to the number of Ingenico shares tendered to the cash branch being higher than the ratio of 0.229, the orders submitted to the secondary exchange offer will be reduced in such a way that the ratio of 0.229 is respected. As a result, the number of shares retained in the secondary exchange offer is 425,813, i.e. a allocation ratio of 0.83%, and 50,843,681 Ingenico shares will be carried over to the primary mixed offer.
Upon completion of the settlement of the offer, the Initiator will hold 56,474,416 Ingenico shares representing the same number of voting rights, i.e. 88.64% of the share capital and at least 83.20% of the voting rights of Ingenico2.
The distribution of the OCEANEs tendered to the offer is as follows:
- Mixed offer: 2,892,076 Ingenico OCEANEs have been tendered to the mixed offer;
- Cash offer: 16 Ingenico OCEANEs have been tendered to the cash offer.
As the tender offer on the OCEANEs contains two alternatives, all orders from holders of OCEANEs are served.
Upon completion of the settlement of the offer, the Initiator will hold 2,892,092 Ingenico OCEANEs, representing 99.57% of Ingenico OCEANEs in circulation.
Availability of documents relating to the offer
Investors Relations
+33 6 28 51 45 96
david.pierre-kahn@worldline.com
Communication
+32 499 585 380
sandrine.vanderghinst@worldline.com
Press
asgentil@kairosconsulting.fr
Ingenico contact
Investors Relations
+33 7 84 50 18 90
laurent.marie@ingenico.com
Press
+33 (0)7 72 25 96 04
helene.carlander@ingenico.com
About
Worldline’s corporate purpose (“raison d’être”) is to design and operate leading digital payment and transactional solutions that enable sustainable economic growth and reinforce trust and security in our societies.
About Ingenico
Ingenico Group (Euronext: FR0000125346 –
Important information
This press release is disseminated for information purposes only and does not constitute an offer to purchase, or a solicitation of an offer to sell, any
Investors and shareholders are strongly advised to read the offer document and response document, as approved by the AMF on
This press release must not be published, broadcasted or distributed, directly or indirectly, in any country in which the distribution of this information is subject to legal restrictions. The tender offer will not be open to the public in jurisdictions in which its launch is subject to legal restrictions. The publication, broadcasting or distribution of this press release in certain countries may be subject to legal or regulatory restrictions. Therefore, persons located in countries where this press release is published, broadcasted or distributed must inform themselves about and comply with such restrictions.
In particular, this press release does not constitute an offer to purchase, or a solicitation of an offer to sell, any securities in
1 Based on a share capital of 63,713,047 shares representing a maximum of 67,878,793 voting rights as of
2 Based on a share capital of 63,713,047 shares representing a maximum of 67,878,793 voting rights as of
Attachment
Worldline - 20201021 - Very large success of tender offer on Ingenico
© OMX, source