FULL PRESS RELEASE IN FRENCH ATTACHED
In its meeting on 1 July 2014, Autorité des Marchés Financiers (AMF) examined the Memorandum of Understanding signed by the French government, represented by Agence des Participations de l’Etat (APE), and Bouygues regarding Alstom, in relation to the action in concert as defined in Article L. 233-10 of the Commercial Code.
AMF has determined that the French state and Bouygues, which controls 29.3% of Alstom, are acting in concert vis-à-vis Alstom.
In the event that the AMF determines that the parties are acting in concert, it is noted that each party has agreed to do nothing which would make them cross together the 30% threshold of the capital or voting rights of Alstom. A party who breaks this obligation will be solely responsible for the consequences of such breach, including having to submit a mandatory public offering for all the shares in Alstom that may be required accordingly.