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Results of EDF Energies Nouvelles’ Simplified Public Tender Offer for FUTUREN

EDF Energies Nouvelles is announcing today the positive results of its Simplified Public Tender Offer for FUTUREN (FTRN). Since filing the offer on 20th June, EDF Energies Nouvelles has been able to buy up the majority of the securities available in the market. According to the results published by the Autorité des Marchés Financiers (AMF) on 20 July, EDF Energies Nouvelles holds a total of 240,855,625 shares, representing 87.5% of FUTUREN’s share capital and 87.2% of its voting rights, plus 105,601 convertible bonds representing 62.7% of those still outstanding1.

The Simplified Public Tender Offer followed on from the acquisition by EDF Energies Nouvelles on 9th June 2017 of 67.2%2 of FUTUREN’s share capital from the previous group of majority shareholders on the same terms, i.e. €1.15 per share and €9.37 per convertible bond. The offer will not be reopened.

The transaction forms part of the EDF Group’s CAP 2030 strategy of doubling its renewable electricity capacity in France and abroad by 2030.

Antoine Cahuzac, EDF Group’s Senior Executive Vice President, Renewable Energies and Chief Executive Officer of EDF Energies Nouvelles, commented: “We are very pleased with these results and wish to thank all the shareholders and bondholders who contributed to the success of the transaction by tendering their securities. The acquisition on the market of a majority stake in FUTUREN represents a major step in our strategy and we will now focus on developing ties between EDF Energies Nouvelles and FUTUREN.”

1 – After conversion of the 5,916,569 convertible bonds held by the EDF Energies Nouvelles group on 5th July.
2 – Based on the diluted share capital reflecting conversion of the convertible bonds.

About EDF Energies NouvellesEDF Energies Nouvelles is a market leader in renewable energy electricity, with a portfolio of more than 9,5 GW gross installed capacity focused for the most part on wind (onshore and offshore) and solar photovoltaic energy. Mostly operating in Europe and North America, EDF Energies Nouvelles continues its development by taking strong positions in promising emerging areas such as Brazil, Chile, China, India or South Africa. The Company is also present in other segments of the renewable energy market: marine energy, distributed energies and energy storage. EDF Energies Nouvelles manages renewable energy projects’ development and construction as well as operation and maintenance for its own account and for third parties. EDF Energies Nouvelles is a subsidiary of the EDF Group dedicated to renewable energy. Visit us at www.edf-energies-nouvelles.com and follow us on https://www.linkedin.com/company/edf-energies-nouvelles and on Twitter @EDFEN_officiel

MEDIA RELATIONSManon de Cassini-Hérail ▪ Tel : +33 {0} 1.40.90.48.22 ▪ e-mail : manon.decassini-herail@edf-en.com
Clarisse Placidoux ▪ Tel : +33 {0} 1.40.90.49.46 ▪ e-mail : clarisse.placidoux@edf-en.com