“The integration of Gemalto marks the start of a bold new chapter in the history of Thales. Together, Thales and Gemalto will have the ability to cover the digital needs of all clients, in civilian and defense businesses, across all Thales market segments, with a unique portfolio of advanced technologies in the fields of digital security and the Internet of Things,” said Patrice Caine, chairman and CEO of Thales.
During the Acceptance Period, 79,889,388 shares (including shares represented by American depositary shares) have been tendered to the offer, representing approximately 85.58% of the aggregate issued and outstanding share capital of Gemalto (on a fully diluted basis), and an aggregate value of approximately €4,074 million (for an offer price of €51.00 (cum dividend) per share).
Payment of the offer price and the ADS offer price will occur on April 2, 2019 (the settlement date). Thales announces that shareholders who have not tendered their shares during the acceptance period will have the opportunity to tender their Shares under the same terms and conditions applicable to the Offer, in a post-closing acceptance period which will end at 17:40 (CET) on Monday, April 15, 2019.