UNIBAIL-RODAMCO SE: Redemption of the ORNANEs 2012 on January 2, 2018
21 November 2017 - 4:00AM
UNIBAIL-RODAMCO
Paris, Amsterdam, November 20,
2017
Press
Release
Unibail-Rodamco
SE: Redemption of the ORNANEs 2012 on January 2, 2018
In accordance with the securities
notice dated September 11, 2012 ("Autorité des
Marchés Financiers" - review #12-440), the net share
settled bonds convertible into new shares and/or existing shares
(ORNANEs) issued in 2012 (ISIN code FR0011321330) mature on January
2, 2018.
If the Conversion Right has not
been exercised by the ORNANEs holders by December 1, 2017, the
ORNANEs will be redeemed on January 2, 2018, at par value, €217.28
per ORNANE plus interest accrued since the last Interest Payment
Date.
The ORNANEs holders have until
December 1, 2017 included to submit their exercise notice to their
financial intermediaries.
For each Conversion Right duly
exercised, section 4.16.3.1.1-(b) of the securities notice
referenced above shall apply (amount in cash and in new
share(s)).
As of November 20, 2017, the
Conversion Rate is 1.23 and 35,820 ORNANEs are outstanding.
The ORNANEs will be delisted from
Euronext Paris on December 28, 2017.
For further
information, please contact:
Investor
Relations
Paul Douay
+33 1 76 77 58 02
paul.douay@unibail-rodamco.com
Media
Relations
Caroline Bruel
+33 1 53 43 57 94
caroline.bruel@unibail-rodamco.com
About
Unibail-Rodamco
Created in 1968, Unibail-Rodamco SE is Europe's largest listed
commercial property company, with a presence in 11 EU countries,
and a portfolio of assets valued at €42.5 billion as of June 30,
2017. As an integrated operator, investor and developer, the Group
aims to cover the whole of the real estate value creation chain.
With the support of its 2,000 professionals, Unibail-Rodamco
applies those skills to highly specialised market segments such as
large shopping centres in major European cities and large offices
and convention & exhibition centres in the Paris
region.
The Group distinguishes itself through its focus on the highest
architectural, city planning and environmental standards. Its long
term approach and sustainable vision focuses on the development or
redevelopment of outstanding places to shop, work and relax. Its
commitment to environmental, economic and social sustainability has
been recognised by inclusion in the FTSE4Good and STOXX Global ESG
Leaders indexes.
The Group is a member of the CAC 40, AEX 25 and EuroSTOXX 50
indices. It benefits from an A rating from Standard & Poor's
and Fitch Ratings.
For more information, please visit our website:
www.unibail-rodamco.com
Unibail-Rodamco SE: Redemption of
the ORNANEs 2012 on January 2, 2018
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: UNIBAIL-RODAMCO SE via Globenewswire