Result of Offer for Castorama
Kingfisher PLC
24 October 2002
FOR IMMEDIATE RELEASE
24 October 2002
Kingfisher holds 98.90% of the fully diluted share capital of
Castorama Dubois Investissements and will re-open its offer
Kingfisher notes the results of its public offering (the Offer) on the equity and equity-linked
securities issued by Castorama Dubois Investissements (CDI), as published by the Conseil des Marches
Financiers (CMF).
The Offer was the subject of an Information Note issued by Kingfisher, approved by the Commission
des Operations de Bourse on 30 August 2002 under number 02-974, and an Information Note issued in
response by CDI, approved by the Commission des Operations de Bourse on 10 September 2002 under
number 02-1006.
Following the Offer, Kingfisher holds 98.90% of the fully diluted share capital of CDI.
Following the Offer, Kingfisher directly or indirectly holds:
• 157,879,633 CDI shares (before the Offer was opened, Kingfisher held 88,268,836 CDI shares;
26,073,044 shares were purchased on the market and 43,537,753 shares were contributed to the Offer);
• 607,550 May 1996-2003 convertible bonds (before the Offer was opened, Kingfisher held 696
May 1996-2003 convertible bonds; 242,160 May 1996-2003 convertible bonds were purchased on the
market and 364,694 May 1996-2003 convertible bonds were contributed to the Offer);
• all 6,330 (unlisted) 1998-2003 convertible bonds issued by CDI (which were contributed to
the Offer in their entirety);
• all 4,878 (unlisted) 1999-2004 convertible bonds issued by CDI (which were contributed to
the Offer in their entirety);
• all 3,315 (unlisted) 2000-2005 convertible bonds issued by CDI (which were contributed to
the Offer in their entirety);
• all 4,036 (unlisted) 2001-2006 exchangeable bonds issued by CDI (which were contributed to
the Offer in their entirety);
• 79,945 (unlisted) subscription warrants issued by CDI (before the Offer was opened,
Kingfisher held 50,000 subscription warrants; 29,945 subscription warrants were contributed to the
Offer).
On the basis of such results and in order to entitle the maximum possible number of CDI shareholders
to take part in the Offer, Kingfisher has decided that the Offer will be re-opened in accordance
with Article 5.2.3.1 of the General Regulations of the CMF.
The CMF will publish shortly the timetable for the re-opened offer which will run for 10 stock
exchange days.
Sir Geoffrey Mulcahy (Chief Executive) said 'We are extremely pleased with the high level of
acceptances for our offer for CDI.' We are now focussed on delivering the improvements and benefits
from having an integrated management structure.'
-ends-
Broker and Institutional Enquiries
Frederique LePelletier +44 (0) 20 7725 4886
Media Enquiries
Jonathan Miller, Head of Corporate Comms, UK +44 (0) 20 7725 5713
Media Enquiries, France
Graham Fairbank, Head of Corporate Comms +33 (0) 1 43 18 52 26
The Maitland Consultancy
Duncan Campbell-Smith +44 (0) 20 7379 5151
Kingfisher plc +44 (0) 20 7724 7749
Kingfisher website www.kingfisher.com
Notes To Editors
Kingfisher is Europe's leading home improvement retailer and is ranked number three in the world. The
Company operates more than 590 home improvement stores in 12 countries and enjoys market-leading positions
in the UK, France, Poland and Taiwan. Sales for the Home Improvement sector for the year to 2 February 2002
were more than £5.8 billion, with retail profit in excess of £430 million.
Kingfisher's Electrical & Furniture business operates more than 830 stores in nine countries. It is
Europe's third largest electricals retailing business by sales and number two by retail profit. As well as
holding the leading position in France and the number two position in the UK, Kingfisher also enjoys
leading positions in Belgium and in the Czech and Slovak Republics. Sales for the year to 2 February 2002
were more than £3.7 billion, with retail profit of £184 million.
This information is provided by RNS
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