ALTRAN TECHNOLOGIES : Altran successfully completes its c.€750 million capital increase with preferential subscription rights and finalises the refinancing of the acquisition of Aricent
Summary
Commenting on the Rights Issue, Dominique Cerutti, Chairman & CEO of the Altran Group , said: " We would like to thank all our shareholders for their support and participation in the capital increase, and are delighted by its success.The high level of subscription as well as the success of the debt syndication earlier this year demonstrate the attractiveness of Altran to investors, their trust in our profitable growth strategy, and our ability to create long-term value.The success of this last step in the acquisition of Aricent Technologies allows us to complete the transactions refinancing less than five months after its announcement, leading to the creation of the undisputed global leader in Engineering and R&D services ."Altrafin Participations and the founders have each agreed to a lock-up period expiring 60 calendar days after the settlement and delivery of the Rights Issue, subject to certain exceptions.The offer and sale of the shares or the preferential subscription rights of the Company (together, the " Securities ") may be subject to specific legal or regulatory restrictions in certain juridisdictions.
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