Brief: Mersen shares sold at 35 euros price by Ardian and Sofina
15/03/2018 07:09
March 15 (Reuters) - Mersen Sa CBLP.PA /Ardian/Sofina:
* Ardian Group and Sofina announce they have successfully
sold part of their respective stakes in Mersen.
* 2.3 million Mersen shares in aggregate, representing
around 11.1% of Mersen's share capital, were sold at a price of
€35.00 per share in private placement to institutional investors
executed by way of an accelerated book-building process
* Mersen shares closed at 39.15 euros on March 14
* Following this transaction, Ardian Group and Sofina will
hold respectively c. 2.1m and c. 0.9m shares ie c.10.3% and 4.3%
of Mersen’s share capital
* As part of its share buyback program, Mersen acquired
200,000 shares within the Placement, at the Placement Price
* This Placement was managed by BNP Paribas acting as Sole
Global Coordinator and Joint Bookrunner and Société Générale
acting as Joint Bookrunner
((sudip.kargupta@thomsonreuters.com;))