Source data
EDF tender offer, shareholder challenge and delisting milestones
Sources checked
- 4 October 2022Tender offer filed
France submitted a proposed simplified tender offer for EDF shares and OCEANEs. Source 1
- 22 November 2022AMF cleared the offer
France's financial markets regulator declared the offer compliant. Source 2
- 2 May 2023Court rejected challenge
The Paris Court of Appeal rejected the challenge to the AMF's clearance. Source 3
- 4 to 17 May 2023Offer reopened
Holders had another ten trading days to tender eligible securities. Source 3
- 23 May 2023Final result and request
The state reported 97.69% of EDF's capital and requested the squeeze-out. Source 4
- 8 June 2023Squeeze-out and delisting
The state acquired remaining covered securities at the offer prices. Source 2
The tender, court ruling and compulsory transfer were distinct steps.
EDF tender offer, shareholder challenge and delisting milestones
The timeline follows the reported regulatory and transaction dates. Offer prices are stated per instrument, in euros.
| Source | |||
|---|---|---|---|
| 4 October 2022 | Tender offer filed | France submitted a proposed simplified tender offer for EDF shares and OCEANEs. | Source 1 |
| 22 November 2022 | AMF cleared the offer | France's financial markets regulator declared the offer compliant. | Source 2 |
| 2 May 2023 | Court rejected challenge | The Paris Court of Appeal rejected the challenge to the AMF's clearance. | Source 3 |
| 4 to 17 May 2023 | Offer reopened | Holders had another ten trading days to tender eligible securities. | Source 3 |
| 23 May 2023 | Final result and request | The state reported 97.69% of EDF's capital and requested the squeeze-out. | Source 4 |
| 8 June 2023 | Squeeze-out and delisting | The state acquired remaining covered securities at the offer prices. | Source 2 |