Atos owns 84.25% share Capital of Bull
The Board of Directors of Bull, the trusted partner for enterprise data, met on August 19th 2014 further to the success of the friendly tender offer launched by Atos, the international information technology services company, for all the issued and outstanding shares and all the bonds convertible in existing or new shares (OCEANEs) of Bull, and decided certain changes related to the evolution of the governance of the group.
The Board of Directors acknowledged that Atos now owns 84.25% of the share capital and of the voting rights in accordance with the results of the tender offer published by the French Financial Markets Authority (AMF) and that the perspective announced by Atos in its information note approved by the AMF shall be the implementation of a mandatory squeeze-out upon expiration of the period of reopening of the offer should the necessary conditions be satisfied or, failing that, of a merger of Bull into Atos.
As a consequence, following the Board meeting, the composition of the Board noticeably changed with the cooptation of Mr. Thierry BRETON, Mr. Charles DEHELLY, Mr. Gilles GRAPINET and Mr. Michel-Alain PROCH as Board members and the appointment of Mr. Marc MEYER and Mr. Philippe MAREINE as observers (censeurs). These cooptations and appointments of key figures linked with Atos took place due to the resignation of six Board members and one observer (censeur).
