Public Exchange Offer completed successfully

8 July 2015
 

The Autorité des marchés financiers (the “AMF”) published today the interim results of the public exchange offer initiated by Holcim Ltd for the shares of Lafarge S.A. (the “Offer”).

As of July 7, 2015, a total of 252,230,673 shares, representing 87.46 percent of the share capital and at least 81.47 percent of the voting rightsù of Lafarge S.A. have been tendered to the Offer.The success of the Offer was subject to the condition that a minimum acceptance threshold of 2/3 of Lafarge’s share capital or voting rights be reached by Holcim Ltd. Final results shall be published by the AMF on July 9, 2015.

The result reflects the confidence of shareholders in the future company. Both companies are very pleased with this positive outcome as it paves the way towards completion of the merger.

The offer document relating to the Offer is available on the website of the AMF (www.amffrance.org) and of Holcim Ltd (www.holcim.com).

 

About Holcim
Holcim is a global leader in the manufacture and distribution of cement and aggregates (crushed stone, gravel, and sand), as well as other activities, including ready-mix concrete, asphalt, and associated services. The company holds majority and minority shareholdings in some 70 countries and on every continent. In 2014, Holcim recorded net sales of over CHF 19.1 billion. Thanks to our market-oriented structures, product innovations, skilled employees and efficient environmental management systems, Holcim is in a strong position now - and for years.

About Lafarge
A world leader in building materials, Lafarge employs 63,000 people in 61 countries, and posted sales of €12.8 billion in 2014. As a top-ranking player in its Cement, Aggregates and Concrete businesses, it contributes to the construction of cities around the world, through its innovative solutions providing them with more housing and making them more compact, more durable, more beautiful, and better connected. With the world’s leading building materials research facility, Lafarge places innovation at the heart of its priorities in order to contribute to more sustainable construction and to better serve architectural creativity.
 
Important information
This communication is for information purpose only and does not constitute an offer to purchase or exchange or the solicitation of an offer to sell or exchange any securities of Lafarge S.A. or an offer to sell or exchange or the solicitation of an offer to buy or exchange any securities of Holcim Ltd in any countries, including France. The shares to be delivered upon completion of the exchange offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”). Accordingly, the shares to be delivered upon completion of the exchange offer may only be offered or sold in transactions that are exempt from registration under the Securities Act. The exchange offer is not being made in the United States except to “qualified institutional buyers” (as defined in Rule 144A under the Securities Act). Distribution, publication or dissemination of this communication in certain countries may constitute a breach of the applicable laws and regulations. Consequently, persons physically located in countries in which this communication is distributed, published or disseminated shall inquire about such applicable laws and regulations and comply with them.

 

Based on the total number of shares outstanding as of July 7, 2015: 288,401,848 shares representing no more than 309,601,782 voting rights. The number of voting rights is an estimate taking only partially into account the loss of double voting rights attached to tendered shares.