SOLOCAL (EPA:LOCAL) - Financial Structure Strengthening: Implementation of the announced Bond Issue

Transparency directive : regulatory news

17/08/2020 08:00

This press release does not constitute an offer to subscribe or purchase any
securities - Not for publication, release or distribution in the United
States of America or any other country other than France

PRESS RELEASE
Boulogne-Billancourt, August 17th 2020

Financial Structure Strengthening: Implementation of the announced Bond Issue

As announced on July the 22nd juillet 2020 and August the 7th, Solocal Group
has issued a EUR 17,777,777 Bond on August the 14th 2020. This bond has been
issued with an OID of c. 10%, i.e. the cash amount received by the company has
been EUR 16 million.

This bond issue will be completed in the coming days by the full drawdown of
the announced "Prêt Atout" for EUR 16 million from BPIfrance Financement.

This bond issue and the drawdown of the "Prêt Atout", together acting as the
additional financing line of EUR 32 million, are part of the operations
contemplated in the financial structure strengthening plan and will secure the
very short-term cash needs of the Group.

Disclaimer

This press release is for information purposes only and does not constitute an
offer to subscribe or sell any securities nor is it any form of solicitation
for the purpose of a purchase or subscription order for Solocal Group
securities in any country whatsoever, including France.

This press release does not constitute a prospectus within the meaning of
Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14
June 2017 on the prospectus to be published when securities are offered to the
public or admitted to trading on a regulated market, and repealing Directive
2003/71/EC.

The release, publication or distribution of this press release in certain
countries may constitute a breach of applicable laws or regulations.
Consequently, people who are physically present in such countries in which this
press release has been released, distributed or published should inquire about
and comply with any local restrictions. This press release shall not be
released, published or distributed, directly or indirectly, in Australia,
Canada, Japan or in the United States of America.

Solocal Group declines any responsibility for any violation by any person of
such restrictions or of applicable legal restrictions.

Solocal - www.solocal.com

We are the local digital partner for companies. Our job: advising and
supporting them to boost their activity thanks to our digital services (Digital
Presence, Digital Advertising, Websites, New Print Solutions). We also provide
users with the best possible digital experience with PagesJaunes, Mappy and
Ooreka, and our partners (Google, Facebook, Apple, Microsoft/Bing, Yahoo!,
etc.). We provide professionals and the public with our high audience services,
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coverage across France, our privileged partnerships with digital companies and
our talents in terms of data, development, digital marketing, etc. We gather
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Solocal moreover benefits from the "Digital Ad Trust Classique" label for its
PagesJaunes and Mappy digital services. To know more about Solocal (Euronext
Paris "LOCAL"): let's keep in touch @solocal.

Press contacts

Charlotte Millet
+33 (0)1 46 23 30 00
charlotte.millet@solocal.com

Edwige Druon
+33 (0)1 46 23 37 56
edruon@solocal.com

Investor contacts

Julie Gualino-Daly
+33 (0)1 46 23 42 12
jgualino@solocal.com

Colin Verbrugghe
+33 (0)1 46 23 40 13
cverbrugghe@solocal.com

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Transparency directive : regulatory news

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