EssilorLuxottica : EssilorLuxottica acquires shares in GrandVision
20 September 2021 - 7:00PM
EssilorLuxottica : EssilorLuxottica acquires shares in GrandVision
EssilorLuxottica acquires shares
in GrandVision
Charenton-le-Pont, France
(September 20,
2021 –
7:00pm
CEST) – Reference is made to the press release by
EssilorLuxottica S.A. of 1 July 2021 regarding the announcement of
its mandatory public offer on all shares in GrandVision N.V. (the
“Offer”). Pursuant to the provisions of Section 5
paragraphs 4 and 5 of the Dutch Decree on Public Takeover Bids
(Besluit openbare biedingen Wft), EssilorLuxottica announces that
it conducted a transaction in GrandVision shares. The details of
such transaction are stated below.
Date |
Transaction type |
Total number of shares |
Type of shares |
Price (€) |
September 20, 2021 |
Purchase |
8,431,388 |
Ordinary |
28.42 |
The GrandVision shares are acquired from
multiple shareholders represented by a single broker and account
for approximately 3.3% of the issued and outstanding share capital
of GrandVision. Together with the GrandVision shares already held
by EssilorLuxottica prior to today, EssilorLuxottica will hold
220,537,421 GrandVision shares, representing approximately 86.7% of
the issued and outstanding share capital of GrandVision on the date
hereof.
EssilorLuxottica is a global leader in the
design, manufacture and distribution of ophthalmic lenses, frames
and sunglasses. Formed in 2018, its mission is to help people
around the world to see more, be more and live life to its fullest
by addressing their evolving vision needs and personal style
aspirations. The Company brings together the complementary
expertise of two industry pioneers, one in advanced lens technology
and the other in the craftsmanship of iconic eyewear, to set new
industry standards for vision care and the consumer experience
around it. Influential eyewear brands including Ray-Ban and Oakley,
lens technology brands including Varilux and Transitions, and
world-class retail brands including Sunglass Hut, LensCrafters and
since 1st July (via a majority interest) - GrandVision are part of
the EssilorLuxottica family. In 2020, EssilorLuxottica had over
140,000 employees and consolidated revenues of Euro 14.4 billion.
The EssilorLuxottica share trades on the Euronext Paris market and
is included in the Euro Stoxx 50 and CAC 40 indices. Codes and
symbols: ISIN: FR0000121667; Reuters: ESLX.PA; Bloomberg:
EL:FP.
CONTACTS
Head of Investor RelationsGiorgio IannellaE-mail:
ir@essilorluxottica.com |
Head of Corporate CommunicationsMarco
CatalaniE-mail: media@essilorluxottica.com |
DISCLAIMER
This is a press release by EssilorLuxottica
pursuant to Section 5 paragraph 4 and paragraph 5 of the Dutch
Decree on Public Takeover Bids (Besluit openbare biedingen Wft) in
connection with the announced mandatory public offer by
EssilorLuxottica for all the issued and outstanding shares in the
share capital of GrandVision.
The Offer will be made for the ordinary shares
of GrandVision, a Dutch company with shares listed on Euronext
Amsterdam, and is subject to Dutch disclosure and procedural
requirements, which may be different from those of the United
States of America.
To the extent applicable, the Offer will be also
conducted in the United States of America in accordance with the
applicable provisions of Section 14(e) of the U.S. Securities
Exchange Act of 1934 (the “Exchange Act”) and
Regulation 14E adopted under the Exchange Act, and subject to any
available exemptions provided by Rule 14d-1.
Neither the U.S. Securities and Exchange
Commission nor any securities commission of any State of the United
States of America has (a) approved or disapproved the Offer; (b)
passed upon the merits or fairness of the Offer; or (c) passed upon
the adequacy or accuracy of the disclosure in the offering
document. Any representation to the contrary is a criminal offense
in the United States of America.
This public announcement does not constitute an
offer, or any solicitation of any offer, to buy or subscribe for
any securities.
This announcement is not for release,
publication or distribution, in whole or in part, in or into,
directly or indirectly, Canada, Japan, Australia or in any other
jurisdiction in which such release, publication or distribution
would be unlawful.
This press release may contain forward-looking
statements that reflect EssilorLuxottica’s current views with
respect to future events and financial and operational performance.
These forward-looking statements are based on EssilorLuxottica’s
beliefs, assumptions and expectations regarding future events and
trends that affect EssilorLuxottica’s future performance, taking
into account all information currently available to
EssilorLuxottica, and are not guarantees of future performance. By
their nature, forward-looking statements involve risks and
uncertainties because they relate to events and depend on
circumstances that may or may not occur in the future, and
EssilorLuxottica cannot guarantee the accuracy and completeness of
forward-looking statements. A number of important factors, not all
of which are known to EssilorLuxottica or are within
EssilorLuxottica’s control, could cause actual results or outcomes
to differ materially from those expressed in any forward-looking
statement as a result of risks and uncertainties facing
EssilorLuxottica. Any forward- looking statements are made only as
of the date of this press release, and EssilorLuxottica assumes no
obligation to publicly update or revise any forward-looking
statements, whether as a result of new information or for any other
reason.
- DOWNLOAD PDF VERSION OF THE NEWS RELEASE
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