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Peugeot Invest communication

Peugeot Invest launches the disposal of a 4% stake in LISI

January 18, 2024

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Peugeot Invest announces the launch of the disposal of 1,900,000 LISI shares, representing c. 4,08% of the company’s share capital as of 31 December 2023, via an institutional private placement by way of an accelerated book-building process.

Since 1977, Peugeot Invest has been supporting the development of LISI, a French leader in the design and manufacture of assembly solutions for the automotive, medical and aerospace industries.

This partial disposal follows the reorganization of LISI's shareholding structure, in which Peugeot Invest contributed alongside other family shareholders back in 2023.

Following this transaction, Peugeot Invest would retain more than 10% of the share capital and 5% of the voting rights and would remain LISI's second largest shareholder. Peugeot Invest has entered into a lock-up agreement relating to its shareholding for a 180-day period as from the settlement and delivery date of the placement, subject to certain customary exceptions.

The book-building will start immediately and the final terms of the placement will be announced after the closing of the accelerated book-building process. The settlement and delivery of the shares is expected to take place on 23 January 2024.

LISI shares are listed on the regulated market Euronext Paris (ISIN FR0000050353).

Natixis is acting as Sole Bookrunner on the transaction.

This press release does not constitute an offer to purchase shares and this sale of shares constitutes an offer reserved for qualified investors as provided for by Article L.411-2-1° of the French Monetary and Financial Code.

Access to the information available in the following pages may be restricted in certain countries by applicable laws and regulations. Persons who are physically located in those jurisdictions and who would like to access the information available in the following pages must inform themselves about and observe such restrictions. Peugeot Invest assumes no responsibility if there is a violation of applicable law and regulations by any person.

With respect to each Member State of the European Economic Area (the “Relevant Member State”) which is subject to the provisions of Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017 (the “Prospectus Regulation”), this press release and the information contained herein is directed only at any legal entity which is a qualified investor as defined in the Prospectus Regulation. These restrictions with respect to any Relevant Member State apply in addition to any other restrictions which may be applicable in the Relevant Member State.

This press release and the information contained herein are not intended for, and may not be accessed by, or distributed or disseminated to, persons resident or physically present in the United States of America (including its territories, the "United States"), Canada, Japan or Australia, and do not constitute, and shall not be construed as, an offer to sell or a solicitation of an offer to purchase or acquire, directly or indirectly, any shares or other securities of Peugeot Invest in the United States, Canada, Japan or Australia or to, or for the account or benefit of, any person resident in the United States, Japan, Canada, Australia including any corporation or other entity organized under the laws of the United States, Japan, Canada or Australia.

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