THIS NOTICE IS NOT INTENDED FOR DISSEMINATION, PUBLICATION OR DISTRIBUTION TO OR WITHIN THE UNITED STATES, CANADA, JAPAN OR AUSTRALIA
Keizerslaan 20 Boulevard de l'Empereur, 20 B-1000 Brussels
PRESS RELEASE
Tel.: +32 (0)2 546 70 11 Fax: +32 (0)2 546 70 10
22 June 2010
Results of the subscription with preferential rights to 12,071,043 new shares with VVPR strip to be issued in the framework of a capital increase with extralegal preferential rights for the existing shareholders Result of scrip private placement Subscription of 100% to capital increase Elia System Operator SA/NV announced this morning that during the subscription period with preferential rights that ended on 18 June 2010 it had received subscriptions for 11.085.617 new shares. This represents a take up of approximately 91.84 % of the offering size of EUR 299,4 million. Publi-T, Publipart and Arco Group have exercised their rights and subscribed to new shares for an amount of respectively EUR 135,8 million, EUR 7,6 million and EUR 31,1 million. Following the end of the subscription period with rights on Friday 18 June 2010, the 3.941.704 rights that had not been exercised at that date were offered for sale as scrips in the context of a private placement reserved for institutional investors today Tuesday 22 June 2010. The 3.941.704 scrips were sold between 8 AM and 9 AM at the price of EUR 0.20 per scrip which corresponds to a price per share of EUR 25.60. Purchasers of scrips will irrevocably undertake to exercise the scrips and subscribe to four new shares per scrip at the subscription price of EUR 24.80 per share. At the end of the public offering, each of the 48.284.172 rights has been sold and, as a consequence, all of the 12,071,043 new shares have been subscribed. The capital increase considered for an amount of EUR 299,4 million will normally be fully realized on 25 June 2010. The new shares with VVPR strip will be traded on the regulated market of Euronext Brussels from 25 June 2010 on. Payment and delivery of new shares with VVPR strip, coupon nr 7 and following attached, will take place on 25 June 2010 Net proceeds (after deduction of some costs) of the scrip private placement due to holders of non-exercised rights comes up to EUR 0.20 per coupon nr 6. This amount will be available as of 28 June 2010. For more information, please contact Media: Lise Mulpas Eva Suls
+32 2 546 73 75 +32 2 546 73 78
+32 478 65 28 90 +32 477 48 80 09
lise.mulpas@elia.be eva.suls@elia.be
Investor Relations: Bert Maes +32 2 546 72 39
+32 472 40 69 97
bert.maes@elia.be
THIS NOTICE IS NOT INTENDED FOR DISSEMINATION, PUBLICATION OR DISTRIBUTION TO OR WITHIN THE UNITED STATES, CANADA, JAPAN OR AUSTRALIA These materials do not constitute an offer of securities for sale in the United States of America nor does it constitute an offer to sell, or the solicitation of an offer to buy, and there shall not be any sale of the securities, in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to its registration or qualification under the laws of such jurisdiction. Neither these materials nor any copy of them may be taken into the United States of America, Canada, Japan or Australia or distributed or published, directly or indirectly, in the United States of America, Canada, Japan or Australia. Any failure to comply with this restriction may constitute a violation of US, Canadian, Japanese or Australian securities law. The securities referred to herein have not been and will not be registered under the US Securities Act of 1933, as amended (the "Securities Act") and may not be offered or sold in the United States or to or for the benefit of US persons (as such term is defined in Regulation S pursuant to the Securities Act) unless they are registered pursuant to the Securities Act or pursuant to an available exemption therefrom. No offering of securities of Elia System Operator NV/SA is being made in the United States of America. The securities will not be the subject of an offer of securities to the public in the UK within the meaning of section 102B of the Financial Services and Markets Act 2000 (as amended). This announcement is made in the United Kingdom only to (i) investment professionals, as such term is defined in Article 19 of The Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 and (ii) persons to whom it may otherwise lawfully be communicated (all such persons together referred to as “related persons�). This announcement is only directed at related persons and other persons should not rely on or act upon this announcement or any of its contents.