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Constellium Announces Exercise of Over-Allotment Option


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Copyright © Thomson Reuters 2013. All rights reserved.
2013-06-24 22:19:04 -

Amsterdam,  24 June, 2013 - Constellium N.V. (NYSE and NYSE Euronext:CSTM) today
announced  that the underwriters of its  recently announced public offering have
exercised  their over-allotment option to purchase an additional 2,251,306 Class
A  Ordinary  shares  at  a  public  offering  price of $15.00 per share less the
underwriting  discount.  The  exercise  of  the over-allotment option brings the
total number of Class A Ordinary Shares sold in this offering to 24,473,528.

Goldman, Sachs & Co., Deutsche Bank Securities Inc., J.P. Morgan Securities LLC,
Barclays  Capital Inc., Credit Suisse Securities (USA) LLC, Morgan Stanley & Co.
LLC,  BNP Paribas Securities Corp., UBS Securities LLC, Citigroup Global Markets
Inc., HSBC Securities (USA) Inc., SG 
Americas Securities, LLC and Lazard Capital Markets LLC acted as joint book runners for the offering, and Apollo Global Securities, LLC, Moelis & Company LLC, Rothschild Inc. and Davenport & Company LLC acted as co-managers for the offering. This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About Constellium Constellium (NYSE and NYSE Euronext: CSTM) is a global sector leader that develops innovative, value added aluminum products for a broad scope of markets and applications, including aerospace, automotive and packaging. With approximately 8,900 employees, Constellium generated €3.61 billion of revenue in 2012. Forward-looking statements Certain statements contained in this press release may constitute forward- looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. This press release may contain "forward-looking statements" with respect to our business, results of operations and financial condition, and our expectations or beliefs concerning future events and conditions. You can identify certain forward-looking statements because they contain words such as, but not limited to, "believes," "expects," "may," "should," "approximately," "anticipates," "estimates," "intends," "plans," "targets," "likely," "will," "would," "could" and similar expressions (or the negative of these terminologies or expressions). All forward-looking statements involve risks and uncertainties. Many risks and uncertainties are inherent in our industry and markets. Others are more specific to our business and operations. The occurrence of the events described and the achievement of the expected results depend on many events, some or all of which are not predictable or within our control. Actual results may differ materially from the forward-looking statements contained in this press release. All forward-looking statements in this press release and subsequent written and oral forward-looking statements attributable to us, or persons acting on our behalf, are expressly qualified in their entirety by the cautionary statements. Some of the factors that we believe could materially affect our results include: (a) our ability to implement our business strategy, including our productivity and cost reduction initiatives; (b) our susceptibility to cyclical fluctuations in the metals industry, our end-markets and our customers' industries, and changes in general economic conditions; (c) the highly competitive nature of the metals industry and the risk that aluminum will become less competitive compared to alternative materials; (d) the possibility of unplanned business interruptions and equipment failure; e)adverse conditions and disruptions in European economies; (f) the risk associated with being dependent on a limited number of suppliers for a substantial portion of our primary and scrap aluminum; (g) the risk that we may be required to bear increases in operating costs under our multi-year contracts with customers, or certain fixed costs in the event of early termination of contracts; (h) competition and consolidation in the industries in which we operate; (i) our ability to maintain and continuously improve our information technology and operational systems and financial reporting and internal controls; (j) our ability to manage our labor costs and labor relations and attract and retain qualified employees; (k) the risk that regulation and litigation pose to our business, including our ability to maintain required licenses and regulatory approvals and comply with applicable laws and regulations, and the effects of potential changes in governmental regulations; (l) risk associated with our global operations, including natural disasters and currency fluctuations; (m) changes in our effective income tax rate or accounting standards; (n) costs or liabilities associated with environmental, health and safety matters; and (o) the other factors presented under the heading "Risk Factors" in our Form F-1 filed with the U.S. Securities and Exchange Commission. We caution you that the foregoing list of important factors may not contain all of the material factors that are important to you. In addition, in light of these risks and uncertainties, the matters referred to in the forward-looking statements contained in this press release may not in fact occur. We undertake no obligation to publicly update or revise any forward-looking statement as a result of new information, future events or otherwise, except as required by law. Constellium Nicolas Brun Phone: +33 (0)1 73 01 46 13 nicolas.brun@constellium.com Investor relations Europe Richard Ham Phone: +33 (0)1 73 01 41 05 investor-relations@constellium.com Media relations Constellium Corporate Aina Ramboatiana Phone : +33 (0)1 80 50 53 11 aina.ramboatiana@clai2.com Hill+Knowlton Strategies (Media & Investors) David Chambers Phone: +1 (212) 885 0402 david.chambers@hkstrategies.com   Constellium announces exercise of over-allotment option: hugin.info/151297/R/1711707/567934.pdf This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Constellium via Thomson Reuters ONE [HUG#1711707]


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