REG - Compagnie St-Gobain - Results of the tender offer launched on May 6,2022

Compagnie de Saint Gobain SAAnnouncement

16/05/2022 13:00

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RNS Number : 6431L  Compagnie de Saint-Gobain  16 May 2022

THIS ANNOUNCEMENT RELATES TO THE DISCLOSURE OF INFORMATION THAT QUALIFIED OR
MAY HAVE QUALIFIED AS INSIDE INFORMATION WITHIN THE MEANING OF ARTICLE 7(1) OF
THE MARKET ABUSE REGULATION (EU) 596/2014. AS IT FORMS PART OF UK DOMESTIC LAW
BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018

NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE
UNITED STATES, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE
U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN
MARIANA ISLANDS), ANY STATE OF THE UNITED STATES OR THE DISTRICT OF COLUMBIA
(the United States), OR TO PERSONS WHO ARE "U.S. PERSONS" AS DEFINED IN, AND
IN RELIANCE ON, REGULATION S UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED
(each, a U.S. Person), OR INTO ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO
DISTRIBUTE THIS ANNOUNCEMENT.

16 May 2022

COMPAGNIE DE SAINT-GOBAIN ANNOUNCES FINAL RESULTS OF THE TENDER OFFER

On 6 May 2022, Compagnie de Saint-Gobain (the Offeror) launched an invitation
to holders of its outstanding GBP300,000,000 5.625 per cent. notes due
November 2024 (ISIN: XS0274270817) (the Notes), to tender their Notes for
purchase by the Offeror for cash (the Offer), subject to applicable offer and
distribution restrictions.

Capitalised terms used and not otherwise defined in this announcement have the
meanings given in the Tender Offer Memorandum dated 6 May 2022 (the Tender
Offer Memorandum).

The Offeror announces that it will accept for purchase in cash an aggregate
principal amount of the Notes validly tendered pursuant to the Offer equal to
GBP183,600,000. The final results of the Offer are as follows:

 Description of the Notes  Coupon           ISIN/                    Aggregate Principal Amount of Notes tendered  Aggregate Principal Amounts of Notes accepted for purchase  Purchase Yield  Purchase Price  Accrued Interest (per cent.)

Common Code
(per cent.)
(per cent.)
 Notes                     5.625 per cent.  XS0274270817/ 027427081  GBP183,600,000                                GBP183,600,000                                              1.984           108.768         2.836

 

The Offer remains subject to the conditions and restrictions set out in the
Tender Offer Memorandum.

The expected Tender Offer Settlement Date is 18 May 2022.

 

Full details concerning the Offer are set out in the Tender Offer Memorandum.

Questions and requests for assistance in connection with the Offer may be
directed to the Dealer Manager and the Tender Agent, the contact details for
both of which are set out below.

NatWest Markets N.V. (Telephone +33-173249880; Attention: Liability
Management; Email: liabilitymanagement@natwestmarkets.com) is acting as Dealer
Manager and Kroll Issuer Services Limited (Telephone: +44 20 7704 0880;
Attention: Thomas Choquet; Email: saintgobain@is.kroll.com) is acting as
Tender Agent.

This announcement is released by Compagnie de Saint-Gobain and contains
information that qualified or may have qualified as inside information for the
purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms
part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018
(UK MAR), encompassing information relating to the Offer described above. For
the purposes of UK MAR and Article 2 of Commission Implementing Regulation
(EU) 2016/1055; this announcement is made by Paul Thomson, Directeur Droit des
Financements of Compagnie de Saint-Gobain.

DISCLAIMER This announcement must be read in conjunction with the Tender Offer
Memorandum. No offer or invitation to acquire or sell any securities is being
made pursuant to this announcement. The Dealer Manager does not take
responsibility for the contents of this announcement. The distribution of this
announcement and the Tender Offer Memorandum in certain jurisdictions may be
restricted by law. Persons into whose possession this announcement and/or the
Tender Offer Memorandum come into are required by each of the Offeror, the
Dealer Manager and the Tender Agent to inform themselves about, and to
observe, any such restrictions.

The Offer has not been and will not be registered under the United States
Securities Act of 1933, as amended (the Securities Act) or with any securities
regulatory authority of any state or other jurisdiction of the United States
and the Notes may not be tendered in the Offer within the United States or to,
or for the account or benefit of, U.S. Persons except pursuant to an effective
registration statement under the Securities Act or an exemption from, or in a
transaction not subject to, the registration requirements of the Securities
Act, in each case in accordance with any applicable securities laws of any
state of the United States.

 

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