ECULLY, France--(BUSINESS WIRE)--Regulatory News:
Following the transactions already concluded in 2017 and in March 2018, SEB S.A. (Paris:SK) has purchased on September 20, 2018, a volume of 30 000 American call options, referring to 30 030 SEB shares.
The acquisition of the call options is aimed at partially hedging SEB S.A.'s obligations of delivery of existing own shares or its payment obligations, in connection with the potential exercise of the exchange rights under its "ORNAE" (bonds redeemable in cash and/or existing shares) maturing on November 17, 2021.
Subject to market conditions, SEB S.A. may conclude further similar transactions.
Issuer | SEB S.A. | |
Issuer ID Code | 969500WP61NBK098AC47 | |
Transaction Date | September 20, 2018 | |
Underlying financial instrument ID Code | Code ISIN FR0000121709 SK | |
Buy / Sell | Buy | |
Option / Forward | American call options | |
Number of options / shares | 30 000 options for 30 030 shares | |
Maturity | November 17, 2021 | |
Currency | Euro | |
Market | Over The Counter | |
Objective | Hedging of 2021 ORNAE |
Prochains évènements | ||
October 2 | Shareholder meeting Annecy | |
October 25 | after market close | 2018 9 month sales and fincancial data | |
December 3 | Shareholder meeting Lille |
Find us on… www.groupeseb.com
World reference in small domestic equipment, Groupe SEB operates in nearly 150 countries with a unique portfolio of top brands including Tefal, Rowenta, Moulinex, Krups, Lagostina, All-Clad, and Supor, marketed through multi-format retailing. Selling some 250 million products a year, it deploys a long-term strategy focused on innovation, international development, competitiveness and service to clients. At December 31 2017, Groupe SEB had around 33,000 employees worldwide.
SEB SA
SEB SA - N° RCS 300 349 636 RCS LYON – with a
share capital of €50,169,049 – Intracommunity VAT: FR 12300349636