Ardagh Group S.A. Announces Final Results of Exchange Offer

Provided By PR Newswire

Last update: Oct 12, 2021

LUXEMBOURG, Oct. 12, 2021 /PRNewswire/ -- Ardagh Group S.A. ("AGSA" or the "Company") (NYSE: ARD) today announced the final results of its offer to exchange all outstanding Class A Common Shares (the "AGSA Shares") for shares of Ardagh Metal Packaging S.A. (NYSE: AMBP) ("AMPSA Shares") currently held by AGSA, which expired at 11:59 p.m., New York City time, on October 5, 2021.

In accordance with the terms and conditions of the exchange offer and based on the final count by Computershare Trust Company, N.A., the exchange agent for the exchange offer, the Company has accepted for exchange a total of 15,755,304.7 AGSA Shares (representing approximately 84.38% of the total outstanding AGSA Shares as of October 5, 2021) for 39,388,152 AMPSA Shares, with cash in lieu of fractional AMPSA Shares. Exchange of the AGSA Shares accepted for AMPSA Shares will occur promptly. Following the expected completion of the exchange offer, AGSA's ownership of AMPSA is expected to be approximately 75%, with the public float increasing to approximately 25%.