Randstad France will implement a squeeze-out on Ausy shares and ORNANE
Following the results of Randstad France's reopened cash tender offer for Ausy securities in France which was closed on 8-Feb-17, Randstad France holds today 5.9M Ausy shares, representing 95.18% of the share capital and at least 95.17% of the voting rights of Ausy.
Following the successful completion of the Offer and in line with its intentions, Randstad France has requested to the AMF the squeeze-out of the remaining outstanding Ausy shares and ORNANE not tendered to the Offer which will occur on 23-Feb-16, as indicated in the notice published today by the AMF (AMF notice n° 217C0491), it being specified that the treasury shares held by Ausy will be excluded from the squeeze-out.
The amount of compensation paid under the squeeze-out will equal that of the prices of the Offer, i.e. € 55.00 per Ausy share and € 63.25 (plus accrued interests), i.e. € 63.51, per Ausy ORNANE.