Publicis Groupe S.A. - Share Purchases in LBi International N.V.

Sun Jan 13, 2013 12:17pm EST

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PARIS--(Business Wire)--
Regulatory News: 

This is a press release by Publicis Groupe S.A. ("Publicis Groupe") (Paris:PUB)
in accordance with article 13 paragraph 1 of the Dutch Public Takeover Decree
(Besluit openbare biedingen Wft) in connection with the recommended public offer
by Publicis Groupe, through its indirectly wholly owned subsidiary Publicis
Groupe Holdings B.V. (the "Offeror"), for all the issued and outstanding shares
in the capital of LBi International N.V. ("LBi"). 

This press release does not constitute or form part of an offer for shares in
LBi. The Offer is made only by means of the offer document published on 12
November 2012 (the "Offer Document"). Terms not defined in this press release
will have the meaning as set forth in the Offer Document. 

The Offer is made for the securities of a Dutch company and is subject to Dutch
disclosure requirements, which are different from those of the United States. 

Please note that, to the extent permissible under applicable law or regulation,
the Offeror and its affiliates or brokers (acting as agents for the Offeror)
may, from time to time, and other than pursuant to the Offer, directly or
indirectly purchase, or arrange to purchase, shares in LBi that are the subject
of the Offer or any securities that are convertible into, exchangeable for or
exercisable for such shares. To the extent information about such purchases or
arrangements to purchase is made public in The Netherlands, such information
will be disclosed by means of a press release or other means reasonably
calculated to inform shareholders of LBi of such information. 

This press release may not be published, distributed, disseminated or otherwise
sent into Japan or Canada. 

With reference to the joint press release made by Publicis Groupe [EURONEXT
Paris: FR0000130577] and LBi [EURONEXT Amsterdam: LBI] on 12 November 2012
relating to the recommended cash public offer by Publicis Groupe to acquire all
outstanding shares of LBi, Publicis Groupe announces that, in the course of
today, Publicis Groupe has acquired 128,321 shares in LBi at a volume weighted
average price of approximately EUR 2.85 per share, a minimum price of EUR 2.85
and a maximum price of EUR 2.85 per share.

In addition, on 12 November 2012, Janivo as holder of the Share B entered into a
sale and purchase and transfer agreement with the Offeror pursuant to which it
was agreed that the Share B is sold and transferred to the Offeror against a
purchase price of EUR 2.85 equal to the Offer Price, subject to the Offer being
declared unconditional and subject to certain customary conditions. As part of
such transfer in accordance with the articles of association of LBi, the Share B
will convert into an ordinary Share.

Together with the irrevocable undertakings received from certain shareholders1,
this results in the holdings as set out below:

                                                                                                                                             
                                                                                                       % of issued             % on a fully  
                                                                                                       and                     diluted       
                                                                                                       outstanding             basis²        
                                                                                                       capital                               
 Shares bought on 01/11/13                                                      128,321                0.09%                   0.09%         
 Total Shares owned by Publicis Groupe after 01/11/13                           34,768,621             23.14%                  23.81%        
                                                                                                                                             
 Irrevocable undertakings and conditional Share B purchase                      94,677,763             63.01%                  64.83%        
                                                                                                                                             
 Total Shares owned, irrevocable undertakings and Share B                       129,446,384            86.15%                  88.64%        
 NOSH:                                                                                                                                       
 Issued and outstanding                                                         150,263,199                                                  
 Fully diluted capital (at EUR 2.85 per share)²                                 146,032,535                                                  
                                                                                                                                             


As of today, the total of LBi shares owned by Publicis Groupe, undertakings
received and the Share B represents 88.64% of the fully diluted share capital of
LBi2. 

Notes:

1. As indicated in the joint press release by Publicis Groupe and LBi of 12
November 2012 the irrevocable undertakings are subject to certain customary
undertakings and conditions. 

2. Fully diluted capital means: the expected number of issued and outstanding
ordinary shares in LBi at the settlement date of the Offer at an Offer Price of
EUR 2.85 after exercise in full of outstanding options under LBi's GSOP plan and
settlement in full of outstanding awards under LBi's LTIP plan, excluding
approximately 5.1 million ordinary shares in LBi expected to be held by LBi
ultimately on the settlement date of the Offer. 

Important information

Restrictions

The Offer is being made in and from the Netherlands with due observance of such
statements, conditions and restrictions as are included in the Offer Document.
The Offeror reserves the right to accept any tender under the Offer, which is
made by or on behalf of a Shareholder, even if it has not been effected in the
manner as set out in the Offer Document. 

The distribution of the Offer Document and/or the making of the Offer in
jurisdictions other than the Netherlands may be restricted and/or prohibited by
law. The Offer is not being made, and the Shares will not be accepted for
purchase from or on behalf of any Shareholders, in any jurisdiction in which the
making or acceptance thereof would not be in compliance with the securities or
other laws or regulations of such jurisdiction or would require any
registration, approval or filing with any regulatory authority not expressly
contemplated by the terms of the Offer Document. However, acceptances of the
Offer by Shareholders not residing in the Netherlands will be accepted by the
Offeror if such acceptances comply with (i) the acceptance procedure set out in
the Offer Document, and (ii) the applicable laws and regulations in the
jurisdiction from which such acceptances have been made. Persons obtaining the
Offer Document are required to take due notice and observe all such restrictions
and obtain any necessary authorisations, approvals or consents. Neither the
Offeror, Publicis Groupe or LBi, nor any of their respective affiliates or any
of their respective supervisory or managing directors, employees or advisers
accepts any liability for any violation by any person of any such restriction.
Outside of the Netherlands, no actions have been taken (nor will actions be
taken) to make the Offer possible in any jurisdiction where such actions would
be required. In addition, the Offer Document has not been filed with nor
recognised by the authorities of any jurisdiction other than the Netherlands. 

Any person (including, without limitation, custodians, nominees and trustees)
who would or otherwise intends to forward the Offer Document or any related
document to any jurisdiction outside the Netherlands should carefully read
Section 1 (Restrictions) and Section 2 (Important information) of the Offer
Document before taking any action. The release, publication or distribution of
the Offer Document and any documentation regarding the Offer or the making of
the Offer in jurisdictions other than the Netherlands may be restricted by law
and therefore persons into whose possession the Offer Document comes should
inform themselves about and observe such restrictions. Any failure to comply
with any such restrictions may constitute a violation of the law of any such
jurisdiction. Neither the Offeror, Publicis Groupe or LBi, nor any of their
respective affiliates or any of their respective supervisory or managing
directors, employees or advisers accepts any liability for any violation by any
person of any such restriction. 

United States of America

The Offer is made for the securities of a Dutch company and is subject to Dutch
disclosure requirements, which are different from those of the United States.
Financial statements included in the document, if any, have been prepared in
accordance with International Financial Reporting Standards (IFRS) as adopted by
the EU and thus may not be comparable to the financial statements of United
States companies. The Offer will be made in the United States pursuant to
Section 14(e) of, and Regulation 14E under, the US Securities Exchange Act of
1934, as amended (the "US Exchange Act"), subject to the exemptions provided by
Rule 14d-1(c) under the US Exchange Act and otherwise in accordance with the
requirements of the Merger Rules. Accordingly, the Offer will be subject to
disclosure and procedural requirements that are different from those applicable
under United States domestic tender offer procedures and law. 

It may be difficult for Shareholders to enforce their rights and claims arising
under the federal securities laws, since the Offeror and LBi are located in a
country other than the United States, and some or all of their officers and
directors may be residents of a country other than the United States.
Shareholders may not be able to sue a non-US company or its officers or
directors in a non-US court for violations of US securities laws. It may be
difficult to compel a non-US company and its affiliates to subject themselves to
a US court's judgments. 

Please note that, to the extent permissible under applicable law or regulation,
the Offeror and its affiliates or brokers (acting as agents for the Offeror)
may, from time to time, and other than pursuant to the Offer, directly or
indirectly purchase, or arrange to purchase, shares in LBi that are the subject
of the Offer or any securities that are convertible into, exchangeable for or
exercisable for such shares. To the extent information about such purchases or
arrangements to purchase is made public in The Netherlands, such information
will be disclosed by means of a press release or other means reasonably
calculated to inform Shareholders of such information. 

Each United States shareholder of LBi is urged to consult with its independent
professional adviser regarding the acceptance of the Offer including, without
limitation, to consider the tax consequences associated with such shareholder's
election to participate in the Offer. 

The Offer Document has not been submitted to or reviewed by the United States
Securities and Exchange Commission ("SEC") or any state securities commission.
Neither the SEC nor any such state securities commission has approved or
disapproved of the Offer, passed upon the fairness or merits of the Offer, or
passed upon the adequacy or accuracy of the disclosure contained in the Offer
Document. Any representation to the contrary is a criminal offence in the United
States of America. 

Canada and Japan

The Offer and any solicitation in respect thereof is not being made, directly or
indirectly, in or into Canada or Japan, or by use of the mailing systems, or by
any means or instrumentality of interstate or foreign commerce, or any
facilities of a national securities exchange, of Canada or Japan. This includes,
but is not limited to, post, facsimile transmission, telex or any other
electronic form of transmission and telephone. Accordingly, copies of the Offer
Document and any related press announcements, acceptance forms and other
documents are not being sent and must not be mailed or otherwise distributed or
sent in, into or from Canada or Japan or, in their capacities as such, to
custodians, nominees or trustees holding Shares for persons residing in Canada
or Japan. Persons receiving the Offer Document and/or such other documents must
not distribute or send them in, into or from Canada or Japan, or use such
mailing systems or any such means, instrumentality or facilities for any purpose
in connection with the Offer; so doing will invalidate any purported acceptance
of the Offer. The Offeror will not accept any tender by any such use, means,
instrumentality or facility from within Canada or Japan. 

Tender and transfer of Shares constitutes a representation and warranty that the
person tendering the Shares (i) has not received or sent copies of the Offer
Document or any related documents in, into or from Canada or Japan and (ii) has
not otherwise utilised in connection with the Offer, directly or indirectly, the
mailing systems or any means or instrumentality including, without limitation,
facsimile transmission, telex and telephone of interstate or foreign commerce,
or any facility of a national securities exchange of, Canada or Japan. The
Offeror reserves the right to refuse to accept any purported acceptance that
does not comply with the foregoing restrictions, any such purported acceptance
will be null, void and without effect. 

Forward looking statements

This announcement and the Offer Document include "forward-looking statements"
including statements about the expected timing and completion of the Offer.
Forward-looking statements involve known or unknown risk and uncertainty because
these statements relate to events and depend on circumstances that may occur in
the future. Generally, words such as "may", "should", "aim", "will", "expect",
"intend", "estimate", "anticipate", "believe", "plan", "seek", "continue" or
similar expressions identify forward-looking statements. Each of the Offeror,
Publicis Groupe and LBi, and any of their respective affiliates, each with
respect to the statements it has provided, believes the expectations reflected
in such forward-looking statements are based on reasonable assumptions.
Nevertheless, no assurance can be given that such statements will be fulfilled
or prove to be correct, and no representations are made as to the future
accuracy and completeness of such statements. Any such forward-looking
statements must be considered together with the fact that actual events or
results may vary materially from such forward-looking statements due to, among
other things, political, economic or legal changes in the markets and
environments in which the Offeror, Publicis Groupe and/or LBi does business, to
competitive developments or risks inherent to the Offeror's, Publicis Groupe's
or LBi's business plans and to uncertainties, risk and volatility in financial
markets and other factors affecting the Offeror, Publicis Groupe and/or LBi. 

The Offeror, Publicis Groupe and LBi undertake no obligation to publicly update
or revise any forward-looking statements, whether as a result of new
information, future events or otherwise, except as required by applicable laws
and regulations or by any competent regulatory authority. 

About Publicis Groupe

Publicis Groupe [Euronext Paris FR0000130577, part of the CAC 40 index] is the
third largest communications group in the world, offering the full range of
services and skills: digital and traditional advertising, public affairs and
events, media buying and specialized communication. Its major networks are Leo
Burnett, MSLGROUP, PHCG (Publicis Healthcare Communications Group), Publicis
Worldwide, Rosetta and Saatchi & Saatchi. VivaKi, the Groupe's media and digital
accelerator, includes Digitas, Razorfish, Starcom MediaVest Group and
ZenithOptimedia. Present in 104 countries, the Groupe employs 56,000
professionals. 

www.publicisgroupe.com | Twitter:@PublicisGroupe | Facebook:
www.facebook.com/publicisgroupe

About LBi

LBi International N.V. [NYSE Euronext Amsterdam: LBI] is Europe`s largest
independent marketing and technology agency, blending insight, media, creativity
and technical expertise to create value for brands. Headquartered in Amsterdam
(the Netherlands), the company has operations in 16 countries and a staff of
approximately 2,200. As a marketing and technology agency, LBi offers services
to brands and (clients) to help them engage with their customers through digital
channels across a wide spectrum of their points of engagement, from initial
awareness of the brand, through direct interaction with the services or products
offered by the brand, to on-going relationships with the brand. 

LBi offers a suite of services that are designed to help its clients attract,
engage and manage customers, more effectively. This full service offering
combines analytical, direct marketing and digital competences, which means that
they are able to develop big creative ideas in the digital space, build and
manage complex transactional websites, run complex CRM programmes and even
handle the media buying, planning and electronic public relations for blue chip
companies. 

www.lbi.com

Publicis Groupe
Peggy Nahmany, + 33 (0)1 44 43 72 83
Corporate Communication
or
Martine Hue, + 33 (0)1 44 43 65 00
Investor Relations
or
Stephanie Atellian, + 33 (0)1 44 43 74 44
Investor Relations 

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