Alcatel (ALA) and France Message Board

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Technology Stocks : Alcatel (ALA) and France

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To: MikeM54321 who wrote (2627)	10/22/2000 3:37:12 PM
From: Gayle Riggs	Read Replies (1) of 3891

MikeM, Below is a copy of the email I received from ALA. GR <Attached is the Form F-3 regarding Alcatel's upcoming issance of Class O shares as it has been filed with the SEC. This prospectus has been filed in preliminary form; as yet the price of the share has been determined in terms of a bracket between EUR85 and EUR100. Please refer to our press release of October 4 which may be obtained here: alcatel.com Alcatel's offering of Class O Tracking Stock is being made through a global offering to investors, including a public offering in France and a public offering in the United States. The global offering to investors does not include any rights offering to existing shareholders. It was deemed that a rights offering would have been unfeasible and impracticable both in view of the small number of Class O shares being offered relative to the total number of Alcatel shares outstanding as well as the timing constraints of the offering. The latter would not have allowed Alcatel to notify all shareholders worldwide of the offering, provide them with full information regarding the Class O shares, collect subscription orders, price the transaction and collect payments in euro. In fact, ADS depositaries have opted not to make rights available to ADS holders in a number of recent French rights offerings because of the impracticability of the logistics. At Alcatel's shareholders' meeting of September 20, 2000, the company's shareholders decided that the offering of Class O shares could be made without the attribution of preemptive rights to existing shareholders. The French securities regulator required Alcatel and its underwriters to reserve a number of shares for retail investors who are resident in the European Union (EU) via an OPO (offre à prix ouvert) as per standard French market practice. Given this requirement, it was decided to include preferential allocation rules for existing individual EU shareholders. This preference is limited to shareholders who are individuals only (no corporates). The number of shares available to these shareholders will be limited to a maximum of 12% of the overall offering. Should you have any other questions, please do not hestiate to write. Regards Peter Campbell IR North America Alcatel > > gdriggs@home.com on 15/10/2000 23:22:10 > > Please respond to gdriggs@home.com > > > > > Subject: Optics IPO > > > As an ALA shareholder, I have not received the information as to how > shareholders can participate in upcoming optics IPO. Please email the > relevant details. I hold ALA shares in several street accounts. > > I thought I read that shareholders were to be given some participation in > the IPO. > > Thanks > > Gayle D. Riggs

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