On December 2nd, 2020, Orange SA announced its intention to launch a conditional voluntary public takeover bid on Orange Belgium (the « Offer »). The Offer has been published by the Belgian Financial Services and Markets Authority (FSMA) on January 21st, 2021. The Offer prospectus was approved by FSMA on March 31st, 2021.
The Offer price is EUR 22.0 per share (adjusted, if applicable, in case of distribution by Orange Belgium of an annual dividend if the ex-dividend date falls prior to the date of payment of the Offer price) and relates to the shares issued by Orange Belgium which are not yet held by Orange SA and the persons related to Orange SA.
If the conditions are met, Orange SA intends to delist the Orange Belgium shares which are admitted to trading on Euronext Brussels' regulated market.
According to the proposed schedule, the takeover bid offer will be open from April 8th, 2021 to April 23rd, 2021 inclusive and the results will be published on April 27th, 2021.
Please find below the documents relating to the Offer, in particular the Offer prospectus, the response memorandum prepared by the board of directors of Orange Belgium and an F.A.Q.
The prospectus and acceptance forms are available free of charge from BNP Paribas Fortis SA counters or by telephone from BNP Paribas Fortis SA on +32 2 433 41 13. Electronic versions are also available on the following websites: www.bnpparibasfortis.be/sparenenbeleggen (in Dutch and with a summary of the prospectus in English) and www.bnpparibasfortis.be/epargneretplacer (in French and with a summary of the prospectus in English) and on Orange Belgium website (www.orange.be).
For any other matter regarding the Offer, shareholders may call the following freephone number: 0800 74 972.
- 2021/04/01 - Summary Prospectus
- 2021/04/01 - Independent financial expert report
- 2021/04/07 - Response Memorandum
- 2021/04/13 - Orange offers a final price of 22 euros per Orange Belgium share, a unique opportunity for all shareholders to immediately monetize their equity interest on attractive terms
- 2021/04/27 - Announcement of the results of the initial acceptance period of the conditional voluntary public takeover bid for Orange Belgium (the "Offer") and reopening of the Offer
- 2021/05/06 - Announcement of the final results of the public takeover bid for Orange Belgium (the "Offer")
- 2021/05/10 - Orange announces the results of its tender offer on several outstanding hybrid notes