This document may not be distributed, directly or indirectly,
in the United States of America, Canada, Australia or Japan
Lyon, 19 July 2021
OL Groupe (FR0010428771 / Ticker: OLG) has carried out capital increases enabling players, staff and managers of its men's and women's professional teams to convert part of their remuneration (February to June inclusive) into OL Groupe shares.
The Group warmly thanks the players and staff who have taken part in these transactions, demonstrating in-so-doing their commitment to the sporting and economic future of Olympique Lyonnais and enabling the Group to improve its cash position and strengthen its shareholders' equity.
The transaction was carried out via three capital increases acknowledged by decision of the Chairman & CEO on 19 May, 18 June and 19 July 2021. The shares issued were new shares, with waiver of preferential subscription rights, in accordance with the 16th resolution of the Combined Annual General Meeting of 3 December 2019 and with the 12 April 2021 decisions of the Board of Directors.
Only a small circle of investors, comprised of professional players and some of the staff and management of the men's and women's teams subscribed to these capital increases (hereinafter the “Transaction”). They acted on their own behalf, pursuant to Article L.411-2 1° of the Monetary and Financial Code.
The issue price of the shares was set at the average of the share prices of the 10 trading days preceding the date on which the subscription price was set, i.e. €2.31 on 12 May, €2.25 on 11 June and €2.22 on 12 July.
The Transaction gave rise to the issuance of a total of 363,483 new shares, with a par value of €1.52 per share, for a total subscription amount of €827,085.57, including the share premium, representing 0.62% of the post-transaction share capital.
The funds raised will enable OL Groupe to improve its cash position and strengthen its shareholders' equity.
Following the Transaction, OL Groupe's share capital will total €89,026,611.28, comprising 58,570,139 shares.
For information, a shareholder who owned 1% of the share capital of OL Groupe prior to the Transaction (and who did not subscribe thereto) would suffer a reduction in his or her percentage ownership of 0.0062 points and of 0.0024 points on a fully-diluted basis, i.e. after conversion of all OSRANEs in circulation. In other words, his or her shareholding would represent 0.9938% and 0.9976%, respectively, of the share capital after the Transaction.
To the best of the Company's knowledge, the percentage ownership of OL Groupe shareholders before and after the Transaction is as follows:
|Pre-transaction (30/04/21)||Post-transaction (19/07/21)|
|Shareholder||Nbr of shares||% of capital||Nbr of voting rights||% of voting rights||Nbr of shares||% of capital||Nbr of voting rights||% of voting rights|
The new shares issued as part of the Transaction were admitted to trading on Euronext Paris on 19 July 2021. Settlement and delivery is set for 21 July 2021. The new shares will confer ownership rights and will be admitted to trading on Euronext Paris alongside the shares currently listed under ISIN code FR0010428771 OLG, without distinction.
In accordance with the provisions of Article 211-3 of the General Regulation of the AMF (Autorité des Marché Financiers), no prospectus has been issued or submitted for approval to the AMF.
Detailed information concerning OL Groupe, in particular its business activities, earnings and corresponding risk factors, is presented in OL Groupe's Universal Registration Document, which may be consulted, along with OL Groupe's other regulatory information and all of its press releases, on the Company's website (https://investisseur.olympiquelyonnais.com/en/).
About OL Groupe
Organised around Olympique Lyonnais, the football club founded in 1950 and headed by Jean-Michel Aulas since 1987, OL Groupe is a leader in the entertainment and media sector in France. Since Olympique Lyonnais' privately-owned stadium came into service in January 2016, new businesses have been developed, in particular major sporting, cultural and corporate events. This has generated new sources of revenue, independent of the Group's core football business.
PRESS CONTACT: firstname.lastname@example.org
In France, shares issued under the OL Groupe share issuance programme were offered exclusively to a restricted circle of investors acting on their own behalf under Article L.411-2 1° of the Monetary and Financial Code and the applicable regulations and did not give rise to a prospectus requiring approval from the AMF.
With respect to the member states of the European Economic Area which have implemented Directive 2003/71/EC of the European Parliament and Council of 4 November 2003 (as amended by Directive 2010/73/EU, inasmuch as that directive has been transposed into law in each of the member states of the European Economic Area) (the Prospectus Directive), no action has been undertaken to make an offer to the public of the securities referred to herein requiring a publication of a prospectus in any member state.
This press release and the information it contains does not constitute an offer to subscribe to or purchase shares nor a solicitation of an order to subscribe to or purchase shares in the United States or in any other jurisdiction in which the programme could be subject to restrictions. Marketable securities may not be offered or sold in the United States if they are not either registered or exempt from registration under the US Securities Act of 1933, as amended (the US Securities Act). The shares of the Company have not been registered under the US Securities Act and the Company does not intend to make a public offer of its securities in the United States or in any other jurisdiction.
The distribution of this document may be restricted by law in certain jurisdictions. Persons in possession of this document are required to inform themselves about any such restrictions and to observe them.
Tel: +33 4 81 07 55 00
Fax: +33 4 81 07 45 65
|Euronext Paris - Segment C |
Indices: CAC Small - CAC Mid & Small – CAC All-Tradable – CAC All-Share – CAC Consumer Discretionary
ISIN code: FR0010428771
Bloomberg: OLG FP
ICB: 5755 Recreational services