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EDF’s mandatory tender offer on Edison
Press Release
EDF’s mandatory tender offer on Edison
EDF
06/28/2012
CONSOB, the Italian financial markets authority, has authorized on June 27, 2012 EDF’s subsidiary Transalpina di Energia S.r.l to launch a mandatory tender offer on the ordinary shares of Edison S.p.A that EDF does not own (1 003 045 298 shares representing 19.36 % of the company’scapital) at a price of €0.89 per share.
The acceptance period will begin on July 2, 2012 and end on August 3, 2012, subject to possible extension.
The EDF Group, one of the leaders in the European energy market, is an integrated energy company active in all areas of the business: generation, transmission, distribution, energy supply and trading. The Group is the leading electricity producer in Europe. In France, it has mainly nuclear and hydraulic production facilities where 96.5% of the electricity output is CO2-free. EDF's transmission and distribution subsidiaries in France operate 1,285,000 km of low and medium voltage overhead and underground electricity lines and around 100,000 km of high and very high voltage networks. The Group is involved in supplying energy and services to approximately 27.9 million customers in France. The Group generated consolidated sales of € 65.3 billion in 2011, of which 43.1% was achieved outside of France. EDF is listed on the Paris Stock Exchange and is a member of the CAC 40 index.
Contacts
Press:
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Analysts and Investors:
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Carole Trivi +33 (1) 40 42 44 19
Analysts and Investors:
Kader Hidra & Carine de Boissezon +33 (1) 40 42 40 38
US Investors:
David Newhouse +33 (1) 40 42 32 45
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