30th Apr 2010 17:50
TOTAL S.A. (Paris:FP)(LSE:TTA)(NYSE:TOT) announces that it now holds 100% of Elf Aquitaine shares as a result of the public tender offer followed by a squeeze out disclosed on March 24, 2010.
The public tender offer was processed from April 16, 2010 to April 29, 2010 inclusive, at a price of €305 per Elf Aquitaine share (including the remaining 2009 dividend).
The squeeze out took place on April 30, 2010 in order to acquire all of the Elf Aquitaine shares targeted by the offer which had not been tendered to the offer by the minority shareholders, upon compensation per share set at the offer price, i.e., €305 per Elf Aquitaine share (including the remaining 2009 dividend).
Christophe de Margerie, Chairman of TOTAL S.A., declared: "The public tender offer and the squeeze out are the result of an integration initiated ten years ago. I would like to congratulate all the collaborators who made this integration into a reality and contributed to the success of the Group for the past ten years".
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Total is one of the world's major oil and gas groups, with activities in more than 130 countries. Its 97,000 employees put their expertise to work in every part of the industry - exploration and production of oil and natural gas, refining and marketing, gas & power and trading. Total is working to keep the world supplied with energy, both today and tomorrow. The Group is also a first rank player in chemicals. www.total.com
TOTAL S.A.
Capital 5.871.057.210 euros
542 051 180 R.C.S. Nanterre
www.total.com
TOTAL2, place Jean MillierLa Défense 692 400 Courbevoie FranceTel. : 33 (1) 47 44 58 53Fax : 33 (1) 47 44 58 24Bertrand DE LA NOUESandrine SABOUREAULaurent KETTENMEYERMatthieu GOTorRobert HAMMOND (U.S.)Tel. : (1) 713-483-5070Fax : (1) 713-483-5629
Copyright Business Wire 2010
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