PAI Partners announces today its intention to sell 9,200,000 ordinary shares in the capital of Atos SE

25 Feb 2015

PAI Partners has launched today the sale, via an Accelerated Bookbuilt Offering, of most of its remaining shares of Atos SE, which the investment funds it manages or advises held indirectly through its investment holding company Financière Daunou 17 SA, i.e. 9,200,000 shares representing 9% of the share capital. Following this transaction, PAI Partners will retain less than 1% in Atos SE's share capital and voting rights.

The transaction will be carried out through an accelerated book building to institutional investors. Book building will start immediately and will be jointly managed by BNP Paribas and Morgan Stanley.
PAI Partners intends to issue an additional press release upon completion of the transaction.
PAI Partners has agreed with BNP Paribas and Morgan Stanley a lock-up commitment of 90 days.


No communication and no information in respect of the sale described in this announcement may be distributed to the public in any jurisdiction where a registration or approval is required. No steps have been or will be taken in any jurisdiction where such steps would be required. The placement described in this announcement may be subject to specific legal or regulatory restrictions in certain jurisdictions. Financière Daunou 17 takes no responsibility for any violation of any such restrictions by any person.
This announcement is not a prospectus within the meaning of Directive 2003/71/EC, as implemented in each member state of the European Economic Area, and amendments thereto, including Directive 2010/73/EU to the extent implemented in the relevant member State of the European Economic Area (together, the “Prospectus Directive”).
This announcement does not, and shall not, in any circumstances constitute a public offering, nor an offer to sell or to subscribe, nor a solicitation to offer to purchase or to subscribe securities in any jurisdiction.
In France, the offer and sale of securities described in this announcement will be exclusively carried out through a private placement, in accordance with article L.411-2 II of the French Financial and Monetary Code and the related applicable regulations. The offer and sale of securities described in this announcement do not constitute a public offering within the meaning of article L.411-1 of the French Financial and Monetary Code and will not require the preparation of a prospectus submitted to the visa of the Autorité des marchés financiers.
With respect to the member states of the European Economic Area, other than France, which have implemented the Prospectus Directive (each, a “Relevant Member State”), no action has been undertaken or will be undertaken to make an offer to the public of the shares of Atos SE sold by Financière Daunou 17 requiring a publication of a prospectus in any Relevant Member State. As a consequence, the shares of Atos SE may only be offered or sold by Financière Daunou 17 in any Relevant Member State pursuant to an exemption under the Prospectus Directive.
This press release does not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States. Securities may not be offered or sold in the United States unless they are registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), or exempt from registration. Financière Daunou 17 does not intend to register the offer or any portion thereof in the United States or to conduct a public offering of securities in the United States.
This document does not constitute a public offering of securities in the United Kingdom. In the United Kingdom, this document is directed only at persons who (i) are investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Financial Promotion Order”), (ii) “high net worth entities”, “unincorporated associations” and other persons to whom it may otherwise be lawfully communicated under Article 49(2)(a) to (d) of the Financial Promotion Order and (iii) to other persons to whom this document may be lawfully communicated (all such persons together being referred to as “relevant persons”). In the United Kingdom, any person who is not a relevant person should not act or rely on this document or any of its contents. Any investment or investment activity to which this document relates is available only to relevant persons and will be engaged in only with relevant persons.