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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.