INVEXANS
ESSENTIAL FACT
INVEXANS S.A.
OPEN STOCK CORPORATION
Santiago, April 5, 2023
Mrs.
Solange Bernstein Jáuregui
President
Financial Market Commission
Avenida Libertad Bernardo O’Higgins N*1449
From our consideration,
In accordance with the provisions of Articles 9 and 10, second paragraph, of Law No. 18,045, and in the
General Standard N*30, of the Commission for the Financial Market (“CMF”),
being duly authorized, I communicate to you, as essential information of
Invexans S.A. (the “Company”) and its business, the following supplement to the Essential Fact of date
April 4, 2023 (the “Essential Fact”):
Complementing what is reported in the Essential Fact, the Company announces the successful sale of
4,203,638 shares of Nexans S.A. (“Nexans”), equivalent to 9.6% of the share capital of said
company, carried out by its subsidiary Invexans Limited, through an accelerated process
bookbuilding offering” made through a private placement to institutional investors
(the “Sale”).
The Sale attracted strong interest from a broad base of institutional investors, priced
of €80 per share and raised US$367 million net. As a result of the Sale, the
Invexans Limited’s shareholding in Nexans was reduced to 18.7%. Such participation,
together with the 0.5% owned by its related Tech Pack S.A. in France, it amounts to 19.2%.
The subsidiary of the Company announced that, after the Sale materialized, it would continue to be a shareholder
of reference of Nexans, with an active representation in its directory. To emphasize this
commitment, was delivered in favor of the Banks (as defined in the Essential Fact), a “lock-up
period” or obligation not to sell, for a period of 180 days, the shares of Nexans not
included in the Sale, subject to certain customary exceptions.
In accordance with the provisions of Circular N2988 of that Commission, the Company has calculated in a
preliminary that the Sale will generate a positive financial effect before taxes of
approximately US$148 million.
Sincerely yours,
p.p. INVEXANS S.A.
Nicolás Concha Rosales
General Manager
c.c.: Santiago Stock Exchange
Electronic Stock Exchange of Chile
File (HE04/2023)
INVEXANS S.A.
Enrique Foster Sur N%20, Office 1202
Las Condes – Santiago – Chile
Phone number: (56-2) 27507393
www.invexans.cl
Link to file in CMFChile: https://www.cmfchile.cl/sitio/aplic/serdoc/ver_sgd.php?s567=2a4a586cf2ebcfdabd7d184656d94da8VFdwQmVVMTZRVEJOUkVVd1RrUlZkMDVuUFQwPQ==&secuencia=-1&t=1682376108