As at the close of the simplified public offer launched on FUTUREN shares and convertible bonds, the offeror, BG Select Investments (Ireland) Limited, holds 82,426,006 FUTUREN shares, representing 36.98% of the share capital and 35.85% of the theoretical voting rights, as well as 5,789,525 convertible bonds, representing 93.36% of the outstanding convertible bonds.

In total, the Concert consisting of BG Select Investments (Ireland) Limited, other funds managed by Boussard & Gavaudan (1), Mr. Pierre Salik, Mr. Michel Meeus and Mrs. Brigitte Salik, holds 139,775,132 FUTUREN shares, representing 62.71% of the share capital and 63.75% of the theoretical voting rights, as well as 5,844,425 convertible bonds, representing 94.24% of the outstanding convertible bonds.

This enabled the Concert to strengthen its position as major shareholder of FUTUREN.

Moreover, in order to avoid that the mandatory redemption of the convertible bonds carries weight on the financial resources of the Company, the Boussard & Gavaudan group makes available to FUTUREN a 16.5 million euro short-term financing line, that FUTUREN may use depending on short-term financing needs for its development.

  1. BG Master Fund ICAV, BG Long Term Value and Boussard & Gavaudan SICAV.
     

About FUTUREN
FUTUREN is an independent producer of wind energy, active over the entire wind value chain. The Group develops, builds and operates wind farms in four countries: Germany, France, Morocco and Italy. In total, the Group operates 714 MW for its own account and for third parties.

 
CONTACT
 

Elodie Fiorini
Communications & Investor Relations
Tel: +33 (0)4 42 906 596
e.fiorini@futuren-group.com

French Société anonyme (public limited company with Board of Directors) with a share capital of €22,290,336.60
Registered office: 6 rue Christophe Colomb – 75008 Paris – France
Administrative address: 75 rue Denis Papin – BP 80199 – 13795 Aix-en-Provence Cedex 3 – France
Tel: +33 (0)4 42 904 904 – Fax: +33 (0)4 42 904 905 – www.futuren-group.com
The stock is listed on the compartment C of Euronext Paris, symbol: FTRN.


Regulated information
Releases published in period of takeover bid:
– other releases

Full and original press release in PDF:
https://www.actusnews.com/documents_communiques/ACTUS-0-45361-FUTUREN-PR-Simplified-public-offer-results.pdf

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Following the simplified public offer, the Concert holds a 62.7% stake in FUTUREN’s capital

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