LYD : Obligatory Takeover

ENR.GOFIM.676.1

Date: 11/04/2022

Notice N° AV-2022-024

(Only the french version prevails)

Event

Obligatory Takeover

Involved Instrument(s)

LYDEC

- NOTICE SUBJECT

Obligatory takeover of "LYDEC" shares

- REFERENCES

- Given the provisions of law No 26-03 concerning public offers on the stock market, as modified and completed by Law No. 46-06, namely sections 2, 3 and 18 ;

-Given the provisions of the Stock Exchange's General Regulation, approved by Annex of the Ministerial Order N°2208-19 of the 29th Chaoual 1440 (July 3rd, 2019), namely its sections 3.1.1, 3.2.2, 3.2.3, 3.4.4 et 3.2.10

- Casablanca Stock Exchange's approval notice N° 03/22 of 08/04/2022;

- Visa of the Moroccan Financial Market Authority (AMMC) N°VI/EM/006/2022 of 08/04/2022;

- CHARACTERISTICS OF THE OPERATION

Public offer type	Take Over
Operation initiator(s)	Veolia Environnement agissant de concert avec Suez (ex-Sonate Bidco)
Price offer (MAD)	270
Number of operation shares	8.000.000
% of shares in the capital	100%
Starting offer date	18/04/2022
Closing offer date	17/05/2022
Financial Advisor and Global Coordinator	Attijari Finance Corp & Société Générale Marocaine
Brokerage firm in charge of operation's registration	Sogécapital Bourse ou Attijari Intermédiation

1

ENR.GOFIM.676.1

Date: 11/04/2022

- CHARACTERISTICS OF THE SHARES

Sector	Utilities
Compartment	Principal B
Negociation cycle	Continuous
Label	LYDEC
Securitie Ticker	LYD
Registration date	24/05/2022

- TIMETABLE OF THE OPERATION

Number	Steps	Dates
1	Issue by Casablanca Stock Exchange of the approval notice for the operation	08/04/2022
2	Receipt by Casablanca Stock Exchange of the prospectus approved by the AMMC	08/04/2022
3	Publication of the notice relating to the operation in the listing bulletin	11/04/2022
4	Start of public offer period	18/04/2022
5	End of public offer period	17/05/2022
6	Receipt of order files by the Casablanca Stock Exchange	18/05/2022
7	Centralisation and consolidation of orders by the Casablanca Stock Exchange	19/05/2022
8	Sending, to the CDVM, a summary statement relating to the orders	20/05/2022
9	Delivery, by the Casablanca Stock Exchange, of the public offer results to the collectors of orders	20/05/2022
10	- Stock exchange registration of the operation - Announcement of the results of the operation in the listing bulletin	24/05/2022
11	Settlement / Delivery	27/05/2022

- FURTHER INFORMATION

In the event of an extension, stages 5,6,7,8,9,10 and 11 will be postponed, respectively, as follows: 24/05/2022, 25/05/2022, 26/05/2022, 27/05/ 2022, 27/05/2022, 31/05/2022 and 03/062022

For further information about the operation, an extract of the prospectus is available on the following link :

Click here

2