SQLI – FILING OF A DRAFT SIMPLIFIED PUBLIC PURCHASE OFFER FOR THE SHARES OF SQLI – 09/20/2024 – 09:00

SQLI – FILING OF A DRAFT SIMPLIFIED PUBLIC PURCHASE OFFER FOR THE SHARES OF SQLI – 09/20/2024 – 09:00
SQLI – FILING OF A DRAFT SIMPLIFIED PUBLIC PURCHASE OFFER FOR THE SHARES OF SQLI – 09/20/2024 – 09:00

(read the full version in PDF)

PRESS RELEASE OF SEPTEMBER 20, 2024

FILING OF A DRAFT SIMPLIFIED PUBLIC PURCHASE OFFER

TARGETING THE COMPANY’S SHARES

INITIATED BY THE SOCIETY

Synsion BidCo

PRESENTED BY

DEGROOF PETERCAM

Presenting and Guarantor Bank
OFFER PRICE :
54 euros per SQLI share

DURATION OF THE OFFER :
15 days of negotiation
The timetable for the Offer will be determined by the Financial Markets Authority (the “Autorité des marchés financiers”). AMF ”) in accordance with its general regulations.

This press release (the “ Press release ») was established by the company Synsion BidCo and is distributed in accordance with the provisions of article 231-16 of the AMF general regulations.
The Offer and the draft information note (the “Draft Information Note”) remain subject to review by the AMF.
IMPORTANT NOTICE

In accordance with the provisions of Article L. 433-4 II of the Monetary and Financial Code and Articles 237-1 et seq. of the AMF General Regulations (“ RGAMF “), in the event that, following the Offer, the number of SQLI shares not tendered by minority shareholders (with the exception of shares subject to a liquidity mechanism and/or assimilated to shares held by the Initiator) does not represent more than 10% of the capital and voting rights of SQLI, Synsion BidCo intends to request the AMF to implement, within three (3) months following the closing of the Offer, a mandatory squeeze-out procedure in order to have the SQLI shares not tendered to the Offer (other than shares subject to a liquidity mechanism and/or assimilated to shares held by the Initiator) transferred to it, in return for unit compensation equal to the Offer price per SQLI share.

The Press Release must be read in conjunction with all other documents published in connection with the Offer. In particular, in accordance with Article 231-28 of the AMF General Regulation, a description of the legal, financial and accounting characteristics of Synsion BidCo will be made available to the public no later than the day before the opening of the Offer. A press release will be issued to inform the public of the terms and conditions for making these documents available.

The Draft Offer Document is available on the websites of the Company (www.sqli.com) and the AMF (www.amf-.org). It can be obtained free of charge from the Offeror and Banque Degroof Petercam in (Degroof Petercam Investment Banking, 44, rue de Lisbonne, 75008 Paris, France).

Warning

The Press Release has been prepared for information purposes only. It does not constitute an offer to the public. The distribution of this press release, the Offer and its acceptance may be subject to specific regulations or restrictions in certain countries.

The Offer is not addressed to persons subject to such restrictions, either directly or indirectly, and is not likely to be accepted in any way from a country where the Offer would be subject to such restrictions. The Press Release is not intended for distribution in these countries. Consequently, persons in possession of the Press Release are required to inform themselves about any local restrictions that may apply and to comply with them.

Synsion BidCo disclaims any liability for any violation by any person of these restrictions.


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