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Peugeot Invest communication

Peugeot Invest launches the sale of half of its stake in SPIE

17 March 2025
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Peugeot Invest announces that it has initiated the sale of part of its shareholding in SPIE, representing 4,250,000 shares, or approximately 2.5% of SPIE’s share capital as of December 31, 2024. The sale is being conducted through an accelerated bookbuilding process to qualified investors, as defined by Article 2(e) of Regulation (EU) 2017/1129, as well as for international institutional investors (the 'Placement').

This partial divestment is in line with Peugeot Invest’s active portfolio management strategy.

Peugeot Invest has been supporting SPIE’s development for over seven years. The company benefits from long-term structural tailwinds, including the energy transition, shifts in the energy mix, and digital transformation. Furthermore, SPIE has recently unveiled an ambitious sustainability roadmap and new financial targets for the 2025-2028 period. Peugeot Invest will maintain a significant exposure to benefit from these prospects. Peugeot Invest has committed not to dispose of any shares for a period of 180 days.

Following the Placement, Peugeot Invest will retain approximately a 2.5% stake in SPIE’s share capital and 4.6% of voting rights. Peugeot Invest will no longer be represented on SPIE’s Board of Directors. The accelerated bookbuilding process is starting immediately and the final terms of the Placement will be announced upon its completion which starts immediately after the publication of this press release and will be the subject of a separate announcement with the result of the Placement. Settlement and delivery of the shares are expected to take place on March 20, 2025.

SPIE shares are listed on the Euronext Paris regulated market (ISIN: FR0012757854).

BNP Paribas and Morgan Stanley are acting as joint bookrunners for the transaction.

This press release is for information purposes only and does not constitute an offer of securities, and the share Placement is strictly reserved for qualified investors as defined under Article 2(e) of EU Regulation (EU) 2017/1129, but also to international institutional investors, and under Article L.411-2-1° of the French Monetary and Financial Code.

Disclaimer.

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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AND

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I have read and understand the foregoing, and hereby make the certifications above and agree to comply with all of the above restrictions

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