Artefact’s main shareholders and
Pursuant to the SPA, certain selling shareholders will also transfer to Ardian Expansion 20,000 share purchase options (bons de souscriptions d’actions) representing all of the share purchase options issued by Artefact (the “SPO”), for a price of
The signing of the SPA follows the completion by Artefact of its works council (comité social et économique) information and consultation procedure which unanimously gave a favourable opinion on
The transfer of the Controlling Block and the SPO was subject to the approval of the German and Austrian competition authorities. These conditions were satisfied prior to the signing of the SPA and the transfer of the Controlling Block is expected to complete by the end of
Following the completion of the acquisition of the Controlling Block and the SPO, Ardian Expansion will file a mandatory simplified cash tender offer for the remaining share capital of Artefact at the same price of
In the event that the threshold for a squeeze-out is reached following the Offer, Ardian Expansion intends to request the implementation of a squeeze-out of the remaining not tendered Artefact securities pursuant to applicable French laws and regulations.
As a reminder, the Board of Directors of Artefact decided on
The Board of Directors of Artefact will issue its reasoned opinion on the benefits of the Offer and its consequences for Artefact, its shareholders and its employees, in particular in the light of the conclusions of the independent expert’s report.
The independent expert’s report and the Board of Directors of Artefact’s opinion will be included in the draft offer response document prepared by Artefact and filed with the AMF for its approval pursuant to its General Regulation.
The filing of the Offer should take place during the fourth quarter of 2021 and Artefact will keep the market informed of any significant developments regarding the potential transaction.
About Artefact
Artefact is a new generation of end-to-end data services company, specialising in data consulting and data & digital marketing, dedicated to transforming data into business impact and tangible results across the entire value chain of organisations.
At the crossroads of consulting, marketing and data science, Artefact’s unique approach allows our clients to reach their business goals in a dedicated and efficient way. Our 800+ employees are focused on accelerating data and digital transformation thanks to a unique mix of company assets: cutting-edge Artificial Intelligence technologies, agile methodologies for fast delivery and efficient scalability, and teams of market-leading experts in data science and data & digital marketing, always working together and focusing on business innovation.
Covering
About
Through its commitment to shared outcomes for all stakeholders, Ardian’s activities fuel individual, corporate and economic growth around the world.
Holding close its core values of excellence, loyalty and entrepreneurship,
Contacts
Artefact VP of sophie.huss@artefact.com | NewCap Investor Relations Tél. : +33 1 44 71 98 53 artefact@newcap.eu |
Attachment
- PR_Artefact_SPA_cash tender offer_20092021
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