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FUTUREN announces the conversion and early redemption of part of its OCEANEs   (2017/07/31 07:30 AM)

The EDF Energies Nouvelles group converted the 105,601 OCEANEs it held as at the close of the simplified tender offer, on the basis of the temporarily adjusted conversion ratio of 8.16 shares per OCEANE (1), and received 861,704 new FUTUREN shares.

Following this conversion, the share capital of FUTUREN consists of 276,076,356 shares with a par value of €0.10 each.

Moreover, as a result of the change in control over the Company on June 9, 2017, the bondholders had the possibility to request the early redemption of all or some of their bonds (2) between July 6, 2017 and July 20, 2017.

In this context and upon request of the bondholders, FUTUREN redeemed 48,081 OCEANEs at a unit price of €6.322, increased by the interest payable as from July 1st, 2017, and canceled the corresponding bonds.

As of today, there are 14,654 OCEANEs outstanding.

  1. According to sections 4.16.8.4 and 4.16.10 of the convertible bonds' issuance contract annexed to the prospectus which received visa n°14-591 by the AMF on November 7, 2014 (see press release published on July 5, 2017).
  2. According to section 4.9.5.2 of the convertible bonds' issuance contract annexed to the prospectus which received visa n°14-591 by the AMF on November 7, 2014 (see press release published on June 16, 2017).


About FUTUREN

FUTUREN is a producer of wind energy, active over the entire wind value chain. The Group develops, builds and operates wind farms in four countries: Germany, France, Morocco and Italy. In total, the Group operates 732 MW for its own account and for third parties.

 
CONTACT

Elodie Fiorini
General Secretary
Tel: +33 (0)4 42 906 596
[email protected]


French Société anonyme (public limited company with Board of Directors) with a share capital of €27,607,635.60

Registered office: 6 rue Christophe Colomb - 75008 Paris - France

Administrative address: Europarc de Pichaury - Bât. B9 - 1330, avenue JRGG de la Lauzière - BP 80199 - 13795 Aix-en-Provence Cedex 3 - France

Tel: +33 (0)4 42 904 904 – Fax: +33 (0)4 42 904 905 - www.futuren-group.com

The stock is listed on the compartment B of Euronext Paris, symbol: FTRN.


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