AXA (EPA:CS) - AXA S.A. announces the sale of 40 million shares of common stock of AXA Equitable Holdings, Inc.

Transparency directive : regulatory news

04/06/2019 23:35

Paris, June 4, 2019

AXA S.A. announces the sale of 40 million shares of common stock of AXA
Equitable Holdings, Inc.

AXA S.A. ("AXA") announces today the sale, as selling stockholder, of
40,000,000 shares(1) of common stock of AXA Equitable Holdings, Inc.("EQH") to
Morgan Stanley and Barclays, as the underwriters in aregistered public offering
of those shares (the "Offering"). In addition, AXA has granted the underwriters
a 30-day option to purchase up to an additional 6,000,000 shares of EQH's
common stock.

EQH's effective registration statement, including an accompanying prospectus,
relating to the Offering was previously filed by EQH with the U.S. Securities
and Exchange Commission (the "SEC"). EQH intends to file a preliminary
prospectus supplement with the SEC. Investors should read the prospectus and
otherdocuments EQH has filed with the SEC before investing for more complete
information about EQH and the Offering. These documents are available onthe
SEC's website at www.sec.gov. Alternatively, copies of the prospectus and the
preliminary prospectus supplement, when available, may be obtained from: Morgan
Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd
Floor, New York, New York 10014 or Barclays, c/o Broadridge Financial
Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, email:
Barclaysprospectus@broadridge.comor telephone: 888-603-5847. Lazard is acting
as financial adviser to AXA in connection with the Offering.

This press release does not constitute an offer to sell or the solicitationof
an offer to buy securities, and shall not constitute an offer, solicitation or
sale in any jurisdiction in which such offer, solicitation or sale would be
unlawful prior to registration or qualification underthe securities laws of
that jurisdiction.

(1) EQH's issued and outstanding common stock as of May 9, 2019 comprised
491,138,042 shares.

ABOUT THE AXA GROUP

The AXA Group is a worldwide leader in insurance and asset management, with
171,000 employees serving 105 million clients in 61 countries. In 2018, IFRS
revenues amounted to Euro 102.9 billion and underlying earnings to Euro 6.2
billion. AXA had Euro 1,424 billion in assets under management as of December
31, 2018.

The AXA ordinary share is listed on compartment A of Euronext Paris under the
ticker symbol CS (ISN FR 0000120628 - Bloomberg: CS FP - Reuters: AXAF.PA).
AXA's American Depository Share is also quoted on the OTC QX platform under the
ticker symbol AXAHY.

The AXA Group is included in the main international SRI indexes, such as Dow
Jones Sustainability Index (DJSI) and FTSE4GOOD.

It is a founding member of the UN Environment Programme's Finance Initiative
(UNEP FI) Principles for Sustainable Insurance and a signatory of the UN
Principles for Responsible Investment.

This press release and the regulated information made public by AXA pursuant to
article L. 451-1-2 of the French Monetary and Financial Code and articles 222-1
et seq. of the Autorité des marchés financiers' General Regulation are
available on the AXA Group website (axa.com).

THIS PRESS RELEASE IS AVAILABLE ON THE AXA GROUP WEBSITE axa.com

FOR MORE INFORMATION:

Investor Relations:                     +33.1.40.75.48.42
Andrew Wallace-Barnett:                 +33.1.40.75.46.85
François Boissin:                       +33.1.40.75.39.82
Mikaël Malaganne:                       +33.1.40.75.73.07
Mathias Schvallinger:                   +33.1.40.75.39.20
Alix Sicaud:                            +33.1.40.75.56.66

Individual Shareholder Relations:       +33.1.40.75.48.43

Media Relations:                        +33.1.40.75.46.74
Julien Parot:                           +33.1.40.75.59.80
Nicolas Feltrin:                        +33.1.40.75.56.48
Shruti Dhanda:                          +33.1.40.75.72.58
Farah El Mamoune:                       +33.1.40.75.46.68

Corporate Responsibility strategy:
axa.com/en/about-us/strategy-commitments

SRI ratings:
axa.com/en/investor/sri-ratings-ethical-indexes

ABOUT AXA EQUITABLE HOLDINGS

AXA Equitable Holdings, Inc. (NYSE: EQH) is one of the leading financial
services companies in the U.S. and is comprised of two complementary and
well-established principal franchises, AXA Equitable Life Insurance Company and
AllianceBernstein. We have been helping clients prepare for their financial
future since 1859 and have a combined total of more than 12,500 employees and
financial professionals, 5.3 million customer relationships and $664 billion of
assets under management (as of 03/31/19).

FOR MORE INFORMATION:

Investor Relations:
Kevin Molloy:         +1.212.314.2476

Media Relations:
Matthew Asensio:      +1.212.314.2010

IMPORTANT LEGAL INFORMATION AND CAUTIONARY STATEMENTS CONCERNING FORWARD-
LOOKING STATEMENTS

Certain statements contained herein may be forward-looking statements
including, but not limited to, statements that are predictions of or indicate
future events, trends, plans, expectations or objectives. Undue reliance should
not be placed on such statements because, by their nature, they are subject to
known and unknown risks and uncertainties and can be affected by other factors
that could cause AXA's actual results to differ materially from those expressed
or implied in such forward-looking statements. Please refer to Part 4 - "Risk
Factors and Risk Management" of AXA's Registration Document for the year ended
December 31, 2018, for a description of certain important factors, risks and
uncertainties that may affect AXA's business and/or results of operations. AXA
undertakes no obligation to publicly update or revise any of these forward
-looking statements, whether to reflect new information, future events or
circumstances or otherwise, except as required by applicable laws and
regulations.

This press release does not constitute an offer to the public in France, nor a
prospectus within the meaning of Directive 200 3/71/EC of the European
Parliament and of the Council of November 4, 2003, as amended, transposed and
implemented in the relevant member State of the European Economic Area (the
"Prospectus Directive"). With respect to each Member State of the European
Economic Area which has implemented the Prospectus Directive (the "Member
State"), no action has been undertaken or will be undertaken to make an offer
to the public of securities requiring the publication of a prospectus in any
Member State. As used in this paragraph, the expression "offer to the public"
in relation to any securities in a given Member State means any communication
to persons in any form and by any means, presenting sufficient information on
the terms of the offer and the securities to be offered, so as to enable an
investor to decide to purchase or subscribe for these securities, as this
definition may have been amended, as the case may be, in such Member State in
connection with the transposition of the Prospectus Directive. These selling
restrictions apply in addition to any other selling restrictions which may be
applicable in the Member States.

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AXA (EPA:CS) - AXA S.A. announces the sale of 40 million shares of common stock of AXA Equitable Holdings, Inc.

Transparency directive : regulatory news

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