TIDMCOLT

RNS Number : 3106T

Colt Group S.A.

17 July 2015

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.

For immediate release

17 July 2015

Posting of Response Circular relating to Fidelity's all cash final offer (the "Offer") for Colt Group S.A. ("Colt")

On 8 July 2015, FMR LLC and FIL Limited (together, "Fidelity") posted an offer document to the shareholders of Colt containing the terms of an all cash final offer through Lightning Investors Limited to acquire the issued and to be issued share capital of Colt not currently owned by Fidelity, as announced on 19 June 2015 (the "Offer Document").

Colt has posted a circular setting out the views of the independent directors of Colt on the terms of the Offer contained in the Offer Document (the "Response Circular").

A copy of this announcement and the Response Circular will be made available on Colt's website at http://www.colt.net/investor-portal/fidelity-offer-2/.

In accordance with Listing Rule 9.6.1R, a copy of the Response Circular has been submitted to the National Storage Mechanism and will be available for inspection at http://www.morningstar.co.uk/uk/NSM.

Enquiries

Colt

   Morten Singleton (VP Investor Relations)               Tel:  +44 (0) 20 7863 5314 
   morten.singleton@colt.net                                             +44 (0) 7535 445 159

Barclays (financial adviser to the Colt independent directors)

   Derek Shakespeare                                               Tel:   +44 (0) 20 7623 2323

Will Peters

Rob Mayhew (Corporate Broking)

Barclays Bank PLC ("Barclays"), acting through its Investment Bank, which is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority, is acting exclusively for Colt and no-one else in connection with the Offer and will not be responsible to any other person other than Colt for providing the protections afforded to clients of Barclays nor for providing advice in relation to the Offer or any matters referred to in this announcement.

Regulation of the Offer and disclosure

Due to the existing shareholdings of Fidelity in Colt, the Offer does not constitute a takeover offer for the purposes of the Takeover Directive and accordingly is not a transaction that is regulated by the Panel on Takeovers and Mergers or by the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg.

Accordingly, Colt shareholders and others dealing in shares in Colt are not obliged to disclose any of their dealings in accordance with Rule 8 of the Code. However, Colt shareholders and others dealing in shares in Colt or in certain financial instruments giving access to shares in Colt are reminded (i) that they are required to make notifications provided for by the Transparency Law of Luxembourg of 11 January 2008, and (ii) that any person who reaches, exceeds or falls below the threshold of 3 per cent. and/or each 1 per cent. threshold thereafter, is required by Colt's articles of association to notify Colt and the CSSF of such a change.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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