Randstad France will implement a squeeze-out on Ausy shares and ORNANE
Randstad Holding nv, Diemen – Following the results of Randstad France’s reopened cash tender offer for Ausy securities in France (the „Offer„) which was closed on 8 February 2017, Randstad France holds today 5,872,828 Ausy shares, representing 95.18% of the share capital and at least 95.17% of the voting rights of Ausy.
Following the successful completion of the Offer and in line with its intentions, Randstad France has requested to the AMF the squeeze-out of the remaining outstanding Ausy shares and ORNANE not tendered to the Offer which will occur on February 23, 2017, as indicated in the notice published today by the AMF (AMF notice n° 217C0491), it being specified that the treasury shares held by Ausy will be excluded from the squeeze-out.
The amount of compensation paid under the squeeze-out will equal that of the prices of the Offer, i.e. € 55.00 per Ausy share and € 63.25 (plus accrued interests), i.e. € 63.51, per Ausy ORNANE.
Ausy’s shares and ORNANE will be delisted from Euronext Paris on February 23, 2017, after the closing of the markets.
The Randstad Group is a global leader in the HR services industry and specialized in solutions in the field of flexible work and human resources services. Our services range from regular temporary Staffing and permanent placements to Inhouse Services, Professionals, and HR Solutions (including Recruitment Process Outsourcing, Managed Services Programs, and outplacement). By combining our human touch with technology-driven solutions and tools, we aim to offer both clients and candidates the best tools and solutions for increased efficiency and engagement, connecting more people to more jobs. Randstad has top-three positions in Argentina, Belgium & Luxembourg, Canada, Chile, France, Germany, Greece, India, Italy, Mexico, the Netherlands, Poland, Portugal, Spain, Sweden, Switzerland, the UK, and the United States, and major positions in Australia and Japan. At year-end 2016, Randstad had 36,524 corporate employees and 4,752 branches and Inhouse locations in 39 countries around the world. In 2016, Randstad generated revenue of € 20.7 billion. Randstad was founded in 1960 and is headquartered in Diemen, the Netherlands. Randstad Holding nv is listed on the NYSE Euronext Amsterdam, where options for stocks in Randstad are also traded. For more information, see http://www.randstad.com.