July 13, 2017

AREVA: implementation of the capital increases

Implementation of the capital increases of AREVA SA on July 12 and of NewCo1 capital no later than July 31.

The French State files the draft public takeover bid on AREVA SA’s shares on July 13.

Approval of binding agreements with strategic partners for the acquisition of an equity stake in New NP2.

  • Conclusion today of the AREVA SA capital increase of 2 billion euros reserved for the French State
  • Decision by the NewCo Board of Directors to launch the process for the capital increase of 2.5 billion euros reserved for the French State, and placement in trust of the JNFL and MHI subscriptions for 500 million euros in anticipation of the completion of these transactions no later than July 31
  • Recomposition of the governance of AREVA SA and of NewCo:

- Proposal of the appointment of Mr. Philippe Knoche as Chief Executive Officer of NewCo

- Proposal of the appointment of Mr. Philippe Soulié as Chief Executive Officer of AREVA SA

- Convening of the General Meeting of NewCo Shareholders for purposes of appointing the members of its Board of Directors

  • Reasoned opinion of the AREVA SA Board of Directors on the draft public takeover bid of the French State
  • Filing by the French State on July 13 of the draft public takeover bid concerning AREVA SA shares with the Autorité des Marchés Financiers, after which a compulsory withdrawal will be implemented as applicable
  • Approval by AREVA SA Board of Directors of binding agreements with MHI and Assystem for the acquisition of an equity stake in New NP

[1] Temporary name of the entity which combines all of the operations of AREVA related to the nuclear fuel cycle, whose legal name is New AREVA Holding.

[2] New NP combines the operations of AREVA NP, excluding the OL3 contract and the means needed for its completion, and, as appropriate, certain Component contracts affected by serious anomalies which might be identified in connection with the ongoing quality audit.