Atos intends to sell its entire stake in Worldline of ca. 7.0 million shares representing ca. 2.5% of Worldline’s share capital. The sale will be carried out by way of an accelerated book building to institutional investors commencing immediately (the “Placement”).
Atos will concomitantly enter into a derivative transaction with Goldman Sachs Bank Europe SE to hedge its residual exposure to Worldline’s shares related to the outstanding exchangeable bonds due 2024 which were issued in 2019. Goldman Sachs Europe Bank SE as counterparty for the derivative will hedge its short position in connection therewith by purchasing Worldline shares in the Placement, through the placing of an order in the order book.
Following completion of the Placement, Atos will no longer be a shareholder of Worldline.
Goldman Sachs Bank Europe SE is acting as sole bookrunner for the Placement and counterparty for the derivative. Rothschild & Co is acting as financial advisor.
The final terms of the Placement are expected to be announced on June 14, 2022 at the latest. Settlement of the Placement is expected to take place on or around June 16, 2022.
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