(Boursier.com) — Society for Industrial Computing (IBS) announces the conclusion of an investment protocol between the members of the family group of Bernard Huvé (founder and chairman of the supervisory board of SII), Eric Matteucci (chairman of the management board of SII), the other members of the management board of SII, the company SII Goes On and funds managed or advised by Blackstone Tactical Opportunities Advisors LLC, with a view to filing a draft simplified public purchase offer for SII shares.
The offer is made at a price of 70 euros per SII share. It will be open for a period of 10 trading days, and possibly followed by a compulsory withdrawal, if the conditions are met, in particular the achievement of a threshold of 90% of the capital and theoretical voting rights of the company.
The price proposed per SII share as part of the offer reflects a premium of 32.3% on the share price at the close of the market on December 8, the last day of trading before the announcement of the operation , and, respectively, 40.6%, 47.1% and 41.9% on the volume-weighted average price of SII shares over the last 20, 60 and 120 trading days.
As a result of the conclusion of the Investment Protocol, the concert, within which the Huvé Family Group remains predominant, currently holds 10,624,189 shares and as many theoretical voting rights in the company. They represent 53.12% of the capital and theoretical voting rights.
The Founder, the Huvé Children, the Director and the Managers have concluded a collective conservation commitment (Pacte Dutreil 2023) under the terms of which they undertake to maintain their collective participation in a number of 7,792,606 for a minimum period of 2 years SII shares.
The Huvé Family Group, the Director and the Managers now wish to be accompanied by a professional financial partner to deliver the business plan over the coming years and to be able to seize development opportunities while alleviating regulatory and administrative constraints. and costs related to listing.
At the request of SII, trading of the shares was suspended on December 11. The company requested the resumption of trading of the shares.
The stock is currently at a final price of 52.9 euros.