Key Developments: Olympique Lyonnais Groupe SA (OLG.PA)

OLG.PA on Paris Stock Exchange

2.20EUR
16 Apr 2014
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Latest Key Developments (Source: Significant Developments)

Olympique Lyonnais Groupe SA Proposes No FY 2012/2013 Dividend
Sunday, 3 Nov 2013 07:00pm EST 

Olympique Lyonnais Groupe SA announced that it will not propose a dividend for fiscal year 2012/2013. The Company did not pay a dividend for the three previous fiscal years.  Full Article

Olympique Lyonnais Groupe SA Confirms FY 2013/2014 Financial Guidance
Tuesday, 15 Oct 2013 03:00pm EDT 

Olympique Lyonnais Groupe SA announced that it maintains its target of breaking even in fiscal year 2013/2014.  Full Article

Olympique Lyonnais Groupe SA Announces Results of Offering of Subordinated Bonds Mandatorily Convertible into New and/or Existing Shares (OSRANE)
Friday, 23 Aug 2013 01:45pm EDT 

Olympique Lyonnais Groupe SA announced that results of its offering of subordinated bonds mandatorily convertible into new and/or existing shares (OSRANE). on July 30, 2013 the Company launched an offering, with preferential subscription rights, of subordinated bonds mandatory convertible into new and/or existing shares (OSRANE) due July 1, 2023 for a total nominal amount of EUR 80,250,200 represented by 802,502 Bonds of a nominal value of EUR 100 each. The Bonds have been subscribed by irrevocable entitlement, for EUR 56,635,000, corresponding to the subscription of 566,350 Bonds and by entitlement subject to reduction, for EUR 17,500, corresponding to the subscription of 175 Bonds. The main shareholders of the Company, ICMI and Pathe, have placed orders to subscribe by irrevocable entitlement for all Bonds corresponding to their preferential subscription rights. In accordance with their respective commitments, ICMI and Pathe will subscribe, on the settlement-delivery date and at the issue price of the Bonds, all the Bonds remained unsubscribed at the end of the centralization period of the subscriptions, i.e. 53,871 Bonds for ICMI and 182,106 Bonds for Pathe (in addition to the Bonds already subscribed by them by irrevocable entitlement). ICMI and Pathe will have then subscribed through the offering to a total number of 328,053 Bonds and 421,782 Bonds respectively. The net proceeds of the Bonds offering amount to around EUR 78.3 million.  Full Article

Olympique Lyonnais Groupe SA Transfers Lisandro Lopez
Friday, 9 Aug 2013 03:30pm EDT 

Olympique Lyonnais Groupe SA announced that it has sold Argentinian international Lisandro Lopez to Al-Gharafa for EUR 7.2 million.  Full Article

Olympique Lyonnais Groupe SA Transfers Michel Bastos
Monday, 5 Aug 2013 12:00pm EDT 

Olympique Lyonnais Groupe SA announced that it has transferred Michel Bastos to Al Ain (United Arab Emirates) for EUR 4 million. Michel Bastos is Olymique Lyonnais' fourth player to be transferred since the summer trading window opened, after Dejan Lovren (Southampton), Anthony Martial (Monaco) and Fabian Monzon (Catania).  Full Article

Olympique Lyonnais Groupe SA Signs Henri Bedimo
Friday, 2 Aug 2013 11:30am EDT 

Olympique Lyonnais Groupe SA announced that it has acquired Cameroon international defender Henri Bedimo from Montpellier for EUR 2 million plus up to EUR 600,000 in incentives depending on club performance.  Full Article

Olympique Lyonnais Groupe SA Issues EUR 80,250,200 OSRANE Bonds
Tuesday, 30 Jul 2013 02:30am EDT 

Olympique Lyonnais Groupe SA announced the launch of an offering, with shareholders' preferential subscription rights, of subordinated mandatory convertible bonds into new and/or existing shares (OSRANE) due July 1, 2023 for a total nominal amount of EUR 80,250,200 and for which subscription is fully underwritten by Pathe and ICMI, the Company's two reference shareholders. The funds raised will be allocated to finance the Company's new stadium as well as to the refinancing of expenses incurred within this project, among which EUR 9.8 million will be used for the repayment of shareholders' loans granted by Pathe and ICMI in view of the pre-financing of part of land acquisition. The bonds, with a nominal value of EUR 100 each, will be issued at par on August 27, 2013, the expected settlement and delivery date. They will be remunerated on maturity date by way of delivery of 20 new or existing Company's shares per bond, subject to potential further adjustments and redeemed on July 1, 2023 by way of delivery of 45 new or existing Company's shares per bond. The offer will be open to the public in France only. The bonds' subscription period will run from August 1, 2013 to the close of trading on August 14, 2013. During this period, the preferential subscription rights will be listed and traded on the regulated market of NYSE Euronext in Paris. The listing of the bonds on the regulated market of NYSE Euronext in Paris under ISIN code FR0011544444 is expected on August 27, 2013.  Full Article

Olympique Lyonnais Groupe SA's Fonciere du Montout Signs Credit Lines with Group of Banks and Bond Contracts as Part of Grand Stade Financing; Plans EUR 80 Million Bond Issue
Saturday, 27 Jul 2013 02:20am EDT 

Olympique Lyonnais Groupe SA announced that its subsidiary Fonciere du Montout has signed lines of credit with a group of banks and bond indentures with the Vinci group and Caisse des Depots et Consignations (CDC) as part of the financing of the Grand Stade. These contracts are part of a global financing structure which includes EUR 135 million in equity financing, EUR 112 million in bonds, bank debts and finance leases totalling EUR 144.5 and guarunteed revenues during the construction phase of approximately EUR 13.5 million, giving a total of approximately EUR 405 million. The bank credit lines bring together 11 establishments and amount to EUR 136.5 million. The credit lines have a maturity of 7 years. In the coming days, the Group expects to initiate the final stage of the financing for the Grand Stade. This will be a EUR 80 million convertible bond issue which will be undewritten by the Goupe's main shareholders.  Full Article

Olympique Lyonnais Groupe SA Transfers Fabian Monzon to Catane
Tuesday, 16 Jul 2013 02:10pm EDT 

Olympique Lyonnais Groupe SA announced that it has transfered Fabian Monzon, on his own demand, to the Italian club Catane for the amount of EUR 3.3 million, that can be increased by EUR 0.3 million of incitations.  Full Article

Olympique Lyonnais Groupe SA Announces Verdict of Lyon Administrative Appeal Court on Construction of the Stade des Lumieres
Friday, 12 Jul 2013 12:00pm EDT 

Olympique Lyonnais Groupe SA announced that The Admistrative Appeal Court in Lyon rejected a request to cancel the permit for the construction of the Stade des Lumieres.  Full Article

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