Non-dilutive convertible bonds 2022 – Determination of the initial conversion price
Non-dilutive convertible bond issue of Michelin
No communication or information relating to Michelin’s convertible non-dilutive cash-settled bonds issue may be distributed to the public in any jurisdiction in which registration or approval is required, notably in France. No action has been undertaken to make an offer to the public of Michelin’s convertible non-dilutive cash-settled bonds in any jurisdiction where such steps would be required. The securities of the company may not be offered or sold in Canada, Japan, South Africa and Australia, or the United States. No securities may be offered or sold in the United States absent registration with the Securities and Exchange Commission under the U.S. Securities Act of 1933 as amended, or by virtue of an exemption from registration. The company has no intention to register the transaction in the United States or to make a public offering of its securities in the United States.