Information For Holders Of Luxottica Shares In The United States
Joint procedure to exercise the right to purchase pursuant to art. 111 of the TUF and to comply with the obligation to purchase under art. 108, par. 1, of the TUF on all of the residual Luxottica shares.
Start of the period for the submission of the requests for sale concerning the joint procedure – information for holders of Luxottica shares in the United States.
Charenton-le-Pont (France), January 28, 2019 – EssilorLuxottica (the “Offeror”), having previously announced that it will exercise the right to purchase pursuant to Art. 111 of the Legislative Decree No. 58 of 24 February 1998, as subsequently amended (the “TUF”)(the “Right to Purchase”) and, concurrently, comply with the obligation to purchase under Art. 108, paragraph 1 of the TUF with respect to the 11,926,027 remaining outstanding ordinary shares of Luxottica Group S.p.A. (“Luxottica”) that are not already held by the Offeror (the “Residual Shares”) and the terms of the procedure through which the Offeror will do so (such procedure, the “Joint Procedure”), hereby confirms the start of the Period for the Submission of the Requests for Sale Concerning the Joint Procedure (as defined below). As of the start of the Joint Procedure, the Offeror owns directly or indirectly 473,269,006 Luxottica shares, or 97.542% of Luxottica’s issued share capital and the Residual Shares represent 2.458% of Luxottica’s issued share capital. As agreed with Borsa Italiana S.p.A. and CONSOB, the period during which the Offeror will carry out the Joint Procedure and holders of Residual Shares may submit a request for sale concerning the Joint Procedure (the “Request for Sale Concerning the Joint Procedure”) began at 8:30am (Italian time) today, January 28, 2019 and will end at 5:30pm (Italian time) on February 26, 2019 (the “Period for the Submission of the Requests for Sale Concerning the Joint Procedure”), subject to potential extension in accordance with applicable regulations.
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Joint procedure to exercise the right to purchase pursuant to art. 111 of the TUF and to comply with the obligation to purchase under art. 108, par. 1, of the TUF on all of the residual Luxottica shares.
Start of the period for the submission of the requests for sale concerning the joint procedure – information for holders of Luxottica shares in the United States.
Charenton-le-Pont (France), January 28, 2019 – EssilorLuxottica (the “Offeror”), having previously announced that it will exercise the right to purchase pursuant to Art. 111 of the Legislative Decree No. 58 of 24 February 1998, as subsequently amended (the “TUF”)(the “Right to Purchase”) and, concurrently, comply with the obligation to purchase under Art. 108, paragraph 1 of the TUF with respect to the 11,926,027 remaining outstanding ordinary shares of Luxottica Group S.p.A. (“Luxottica”) that are not already held by the Offeror (the “Residual Shares”) and the terms of the procedure through which the Offeror will do so (such procedure, the “Joint Procedure”), hereby confirms the start of the Period for the Submission of the Requests for Sale Concerning the Joint Procedure (as defined below). As of the start of the Joint Procedure, the Offeror owns directly or indirectly 473,269,006 Luxottica shares, or 97.542% of Luxottica’s issued share capital and the Residual Shares represent 2.458% of Luxottica’s issued share capital. As agreed with Borsa Italiana S.p.A. and CONSOB, the period during which the Offeror will carry out the Joint Procedure and holders of Residual Shares may submit a request for sale concerning the Joint Procedure (the “Request for Sale Concerning the Joint Procedure”) began at 8:30am (Italian time) today, January 28, 2019 and will end at 5:30pm (Italian time) on February 26, 2019 (the “Period for the Submission of the Requests for Sale Concerning the Joint Procedure”), subject to potential extension in accordance with applicable regulations.
