Temporary modification of Bull Oceane bonds parity conversion (ISIN Code FR0000181034)
Paris, February 11, 2005 -
Bull bondholders General Meeting held on January 31st, 2005 unanimously approved a resolution proposing a temporary modification of the parity conversion at 15 shares per bond, subject to the approval of the Board of Directors of Bull.
On February 10th, 2005, the Board of Directors approved this resolution, with a conversion period of time between March 1st and March 31st, 2005.
The 519,558 holders of the remaining Oceanes bonds will have the possibility, during this temporary period, to convert their bonds under attractive conditions.
The conversion parity will come back to 1 share per bond at the end of the conversion temporary period.
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