ORCO PROPERTY News Release
Luxembourg, 22 January 2016
Further to its press releases of 7 and 12 January 2016, ORCO PROPERTY GROUP (the "Company" or "ORCO") informs shareholders about process following the removal of the Company shares from Euronext Paris in relation to operations with Euroclear France. The Company refers its shareholders to Euronext Paris notice PAR_20160112_00210_EUR published on 12 January 2016 and available for downloading from the website of Euronext, www.euronext.com. The Company advises its shareholders to carefully read the Euronext notice.
The Company reminds that in connection with the delisting of its shares from Euronext Paris, a voluntary sales facility procedure on the regulated market of the Luxembourg Stock Exchange ("LuxSE") will be provided by the Company for the shareholders holding their shares in Euroclear France. Shareholders wishing to sell their Company shares on the LuxSE can request their financial intermediary to deliver their Company shares from 13 January 2016 to 27 January 2016, both inclusive, to CACEIS Paris, acting as centralizing agent appointed by Company.
The participation in the above described sales facility is on a voluntary basis. The Company shareholders may sell all or part of their Company shares, or keep them under the terms and conditions applicable by their custodian (see below for details).
As per terms of the delisting, the last trading date of the Company shares (ISIN LU0122624777) on Euronext Paris will be 17 February 2016. The Company shares will be delisted from Euronext Paris on 18 February 2016. As from this date, those shares that were not tendered in the sales facility will remain with Euroclear France, but the shareholders that wish to trade their Company shares on the regulated market of LuxSE, are advised to kindly contact their custodians, financial intermediaries, banks, brokers and/or account holders for further information, since the conditions and requirements for such trading will change. Notably, the Company shares in Euroclear France will not be transferred and settled automatically, but clients will have to request their financial intermediaries for any such specific operation.
The 314,507,629 Company shares will continue to be listed on the regulated market of the LuxSE under the same ISIN code LU0122624777. Shareholders may request any additional information from their custodian and usual financial intermediary, who has received the details of the delisting.
The Information provided is not intended to, and does not encompass all the factors to be considered in respect of delisting of the Company's shares from the regulated market of Euronext Paris. The Information is not a legal advice. The Company does not represent, warrant, or guarantee that the Information is accurate. The Company disclaims liability for any direct, indirect, punitive, special, consequential, or incidental damages related to the Information or the use of the Information.
This disclaimer applies to the Information in its entirety, irrespective of whether the Information is used or viewed in whole or in part.‟
UNDER NO CIRCUMSTANCES SHALL THIS NOTICE CONSTITUTE AN OFFER TO SELL, OR ISSUE OR THE SOLICITATION OF AN OFFER TO BUY OR SUBSCRIBE FOR SECURITIES IN THE GRAND DUCHY OF LUXEMBOURG.
For more information, visit www.orcogroup.com
ORCO Property Group SA issued this content on 22 January 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 03 February 2016 14:44:20 UTC
Original Document: http://www.orcogroup.com/documents/OPG_Information_Sales_Facility_22 January 2016.pdf
