In its decision dated 16 October 2002, the Paris Court of Appeal has rejected the requests for delaying the closing date of GECINAâ€™s public offer on SIMCO filed in the context of the litigations against the Conseil des MarchÃ©s Financiersâ€™ decision to authorize the offer (â€œrecevabilitÃ©â€).
Consequently, the Conseil des MarchÃ©s Financiers announced today that the closing date of GECINAâ€™s offer is maintained on 22 October 2002.
Holders of SIMCO securities acquired before 18 October 2002 have until 22 October 2002 included to tender such securities to GECINAâ€™s offer through their financial intermediaries or through SIMCO for securities held in purely registered form (â€œnominatif purâ€).
Final results of the offer will be published by the Conseil des MarchÃ©s Financiers on 4 November 2002 at the latest. Settlement should take place approximately twelve to fifteen trading days after the closing of the offer, i.e. in mid-November at the latest.
On 29 August 2002, GECINA launched a public offer on SIMCO and issued an offer prospectus which was published on 18 September 2002 (visa COB nÂ° 02-1023).