Success of Axens takeover bid on Heurtey Petrochem shares

Axens announces the successful outcome of its tender offer on the Heurtey Petrochem shares. The results of this offer were published today by the Autorité des marchés financiers (the AMF, the French capital market regulator).

A total of 2,374,874 Heurtey Petrochem shares were validly tendered to the offer, which took place from December 1st, 2016 to January 5th, 2017.
At the settlement date of the tender offer set on January 13, 2017, Axens will hold in concert with IFP Investissements a total of 4,144,659 shares and 4,219,159 voting rights of Heurtey Petrochem, representing 84.33% of the share capital and 83.55% of the voting rights.

Pursuant to Article 232-4 of the AMF General Regulations, the tender offer will be reopened for a period of ten trading days; the timetable will be published shortly by the AMF. The offer price will remain the same (25 euros per share). This reopening will offer shareholders who have not yet tendered their shares an opportunity to do so at this time.

For more information, please visit www.axens.net

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