Sale of Alstom Shares by Bombardier
Not for distribution, directly or indirectly, in the United States, Australia or Japan
MONTREAL, May 04, 2021 (GLOBE NEWSWIRE) -- Bombardier Inc. (“Bombardier”) announces that it intends to sell 11,504,149 shares in Alstom S.A. (“Alstom”), consistent with its previously announced strategic priorities, in an accelerated bookbuilt offering to qualified investors, as defined in Article 2 point (e) of Regulation (EU) 2017/1129 as amended (the “Offering”).
Following completion of the Offering, it is expected that Bombardier will have fully exited its 3.1% stake in Alstom’s common stock.
Bookbuilding of the Offering will start immediately after publication of this press release. Bombardier will announce the results of the Offering at the end of the bookbuilding process.
Alstom shares are listed on the regulated market of Euronext in Paris (ISIN code: FR0010220475).
This press release is for information purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities and the offer of Alstom shares (the “Shares”) by Bombardier does not constitute a public offering other than to qualified investors in any jurisdiction, including in France.
The sale of the Shares does not constitute a public offer and the Shares are only being offered to qualified investors, including in France.
No communication and no information in respect of the sale by Bombardier of the Shares 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 offer or sale of the Shares on behalf of Bombardier may be subject to specific legal or regulatory restrictions in certain jurisdictions. Bombardier, its shareholders, affiliates, directors and officers take no responsibility for any violation of any such restrictions by any person.
European Economic Area
The press release is an advertisement and is not a prospectus for the purposes of Regulation (EU) 2017/1129, as amended (the “Prospectus Regulation”).
With respect to the member states of the European Economic Area (the “Member States”), no action has been or will be taken in order to permit a public offer of the Shares which would require the publication of a prospectus in one of such Member States. In Member States, this communication and any offer if made subsequently is directed exclusively at persons who are “qualified investors” within the meaning of Article 2(e) of the Prospectus Regulation.