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Denial by Caisse des Dépôts - Icade
Silic - 17 July 2012
Caisse des Dépôts and Icade deny catecorically the rumours about the revision of the exchange parity in the offer of Icade for the Silic shares.
Caisse des Dépôts and Icade reiterate that the strategic interest value of this operation for Silic and its employees has been recognised by the Silic Board of Directors and that the terms of the public exchange offer were judged to be fair by the independent expert and by the Silic Board of Directors, that recommended to Silic shareholders wishing to do so that they should contribute their shares to the offer.
As a result, no revision of the offer terms is planned.
It is further recalled that the Icade public offer for the Silic shares was the subject of a compliance decision by the Financial Markets Authority (AMF) on 24 April 2012. This decision has been the subject of two actions for annulment, filed with the Paris Court of Appeal on 3 and 4 May 2012. The offer has been extended until further notice (cf. AMF opinion n°212C0615 dated 15 May 2012 and n°212C0876 dated 4 July 2012).
