31.07.2017 18:34:00
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Groupe SEB: Disclosure of Own Shares Transactions : Acquisition of Call Options
Regulatory News:
Groupe SEB (Paris:SK):
Pursuant to its share buy-back program approved by the Shareholders' General Meeting of 11 May 2017 (11th resolution), SEB S.A. has purchased 30,000 American call options, referring to 30,000 SEB S.A. shares.
The acquisition of the call options is aimed at partially hedging SEB S.A.'s obligations of delivery of existing own shares or its payment obligations, in connection with the potential exercise of the exchange rights under its "ORNAE" (bonds redeemable in cash and/or existing shares) maturing on 17 November 2021.
Subject to market conditions, SEB S.A. may conclude further similar transactions.
Issuer: | SEB S.A. | |
Issuer ID Code: | 969500WP61NBK098AC47 | |
Transaction Date: | 28/07/2017 | |
Underlying financial instrument ID Code: | Code ISIN FR0000121709 SK | |
Buy / Sell : | Buy | |
Option / Forward : | American call options | |
Number of options / shares: | 30,000 options for. 30,000 shares | |
Maturity: | 17/11/2021 | |
Currency: | Euro | |
Market: | Over The Counter | |
Objective: | Hedging of 2021 ORNAE |
¦ Next key dates ¦
August 1(st) | October 23 | |
2017 half-year financial report |
Nine-month 2017 Sales and Financial Data |
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September 25 | ||
Shareholders meeting in Strasbourg |
Find us on … www.groupeseb.com
The world leader in small domestic equipment, Groupe SEB operates in nearly 150 countries with a unique portfolio of top brands including Tefal, Rowenta, Moulinex, Krups, Lagostina, All-Clad, WMF and Supor, marketed through multi-format retailing. Selling some 250 million products a year, it deploys a long-term strategy focused on innovation, international development, competitiveness and service to clients. Groupe SEB has nearly 32,900 employees worldwide.
SEB SA
SEB SA - N° RCS 300 349 636 RCS LYON – with a share
capital of €50,169,049 – Intracommunity VAT: FR 12300349636
View source version on businesswire.com: http://www.businesswire.com/news/home/20170731005887/en/
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