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EDF holds 96.7% in EDF Energies Nouvelles

The Autorité des marchés financiers (AMF) published the results of the simplified alternative public cash or exchange offer made by EDF on EDF Energies Nouvelles. Over the course of the offer, which took place from 27 May to 16 June 2011, EDF acquired 26,120,745 shares of EDF Energies Nouvelles under the cash offer and 10,107,686 shares of EDF Energies Nouvelles under the exchange offer. Including the shares held before the offer began, the EDF group now holds 96.71 % of EDF Energies Nouvelles share capital and voting rights. The shares that were not tendered in the offer initiated by EDF accounting for less than 5% of the share capital and the voting rights of EDF Energies Nouvelles, EDF intends to request from the AMF a squeeze-out of EDF Energies Nouvelles shares within a 3-month timeframe starting at the end of the offer period, for a compensation equal to the price of the simplified public cash offer. The squeeze-out shall be subject to a prior compliance ruling by the AMF and a report from an independent expert must be obtained.