Cyril Deniaud advises French and foreign clients (listed companies, investment funds, institutional investors and banks) in connection with market transactions (takeover bids, IPOs, issues of shares or securities giving access to capital, delistings, management and employee shareholdings, etc.).
Skills
Lawyer since : 2006
Bar. : Paris
Language(s) : French - English - German
Training :
- Postgraduate Diploma (DESS) in Business and Tax Law – University of Panthéon-Sorbonne (Paris I), 2004
- Sciences Po Paris, 2002
- University Centre of Political Studies of Nancy, 2000
Member of :
- Head of the Stock Market Law division of the think tank “Droit & Croissance” (Law and Growth)
Publications
- Le prospectus de relance de l’Union : un outil méconnu à la disposition des émetteurs cotés souhaitant lever des fonds en période de crise sanitaire – Option finance, 03/14/2022
- Focus on the ceilings for free share allocations – Option Finance, 03/03/2022
- Management trust: an innovative solution to reduce the debt load of listed companies – Option Finance, 10/19/2020
- La libération « mixte » des actions : une technique méconnue permettant à une société cotée de lever des fonds quand son cours de bourse est inférieur au nominal – Option Finance, 03/12/2018
- L’AMF se penche sur les problématiques de gouvernance et de rémunération – LJA 03/12/2018
- World Stock Exchanges : a Practical Guide, Chapter France : The French Stock Exchange – Globe Business Publishing, 2018
- Le financement en OCABSA : les « equity lines 2.0 »
- Attribution gratuite d’actions – Actes pratiques et ingénierie sociétaire, 01/07/2018
- Attribution gratuite d’actions – JurisClasseur Banque-Crédit-Bourse, Fascicule 1866, 03/2018
- Say on Pay – Journal des sociétés, 01/12/2017
- « Say on pay » : droit de regard des actionnaires sur la rémunération des dirigeants sociaux – Actes pratiques et ingénierie sociétaire, septembre/octobre 2017
- « Détermination du bénéficiaire d’une garantie de passif en cas de transfert ultérieur des titres », commentaire de l’arrêt de la Cour d’Appel de Paris du 20 juin 2006 co-écrit avec Fabrice Cohen, publié dans la Revue Trimestrielle de Droit Financier – Edition N°3, janvier 2007
Capital markets:
- Advised Global Bioenergies on its Capital Increase in favor of a category of persons with a public offering aimed at retail investors (via Primabyd platform) for a total amount of 14.5 M€.
- Advised Hoffman Green Cement Technologies in the context of its share capital increase without preferential subscription rights by way of a public offering and with a priority period, on a irreducible basis only, for its existing shareholders on Euronext Growth Paris.
- Advised the Prologue Group in the context of its capital reorganization, which involved a public exchange offer launched by Prologue for the shares of its sub-subsidiary M2i, followed by the merger by Prologue of its subsidiary O2i.
- Advised Height Capital Mangement in the context of its subscription to the reserved capital increase issuance of bonds convertible into new shares and/or exchangeable for existing shares of Claranova (50 M€).
- Advised Ikonisys on its Initial Public Offering on the Market of Euronext Growth Paris.
- Advised Archos and Equitis Gestion in the establishment of a trust to restructure Archos’ 6 M€ debt to the European Investment Bank through the issuance of share subscription warrants (equitization process).
- Advised Equitis Gestion in the establishment of a trust to restructure Cybergun’s 12m€ bond debt through the issuance of share subscription warrants (equitization process).
- Advising Archos (Euronext Paris) on its new financing by way of notes convertibles into shares with share subscription warrants attached (10 M€), based on a simplified prospectus approved by the AMF.
- Advisied Euromédis Groupe (Euronext Paris) on its convertible bonds issuance with preferential subscription rights (2.8 M€).
- Advised Hoffmann Green Cement Technologies on its initial public offering on the market of Euronext Growth Paris (74 M€).
- Advised Maroc Telecom on the sale by the Kingdom of Morocco of 8% of Maroc Telecom’s share capital, for a total amount of 8.88 billion dirhams (approximately 825 M€), through a block sale transaction and an offer for sale to the public on the Casablanca Stock Exchange .
- Advised Global Bioenergies (Euronext Growth) on a capital increase by way of a public offering without preferential subscription rights (17 M€).
- Advised Archos (Euronext) on its share capital increase with preferential subscription rights (4.3 M€).
- Advised Global Bioenergies (Euronext Growth) on a capital increase by way of private placement (6.2 M€).
- Advised Cogelec on its initial public offering on the regulated market of Euronext Paris (41.7 M€).
- Advised Aroundtown (Euronext Growth/ Frankfurt Stock Exchange) on its delisting from Euronext Growth Paris.
- Advised Figeac Aéro on its issuance of ORNANE by way of private placement (100 M€).
- Advised Novacyt (Euronext Growth Paris) on its dual listing on AIM London, following a reserved share capital increase (9.7 M€)
- Advised M2i (Euronext Access) on the transfer of the company from Euronext Access to Euronext Growth by way of private placement (6.8 M€)
- Advised O2i (Euronext Growth) on the issuance of shares with share subscription warrants attached, with preferential subscription rights (2.7 M€)
- Advised Figeac Aéro (Alternext) on (i) a capital increase of 86.2 M€ following a public offering, (ii) the sale of the shares by the reference shareholder (10 M€), and (iii) the transfer of the company on the regulated market of Euronext Paris.
- Advised Nippon Steel & Sumitomo Metal Corporation in relation to the fund raising of Vallourec for €1bn through a reserved issuance of mandatory convertible bonds and the subscription to a capital increase with preferential subscription rights).
- Advised Etablissements Maurel & Prom on (i) its issuance of ORNANE (253 M€) and (ii) a simultaneous buyback of OCEANE maturing in 2014, performed over the counter as part of a reverse bookbuilding process and continued on the stock market in a procedure involving payoff at the same price.
- Advised Bpifrance Investissement on its acquisition of a stake in Serge Ferrari Group, as part of the global investment related to the listing of Serge Ferrari Group shares on the Euronext regulated market in Paris (38 M€).
- Advised the Fonds Stratégique d’Investissement on its acquisition of a stake as part of a capital increase with preferential subscription rights of Cegedim, a company listed on Euronext Paris (180 M€).
Public takeovers:
- Advised Groupe Open (listed on Euronext) on the tender offer for its shares launched by New GO, special purpose vehicle constituted by the managers of Groupe Open and Montefiore, acting in concert.
- Advised Yorkville on the sale of its stake in TxCell capital (listed on Euronext), in the framework of the tender offer launched by Sangamo Therapeutics for TxCell.
- Deal counsel on the simplified tender offer followed by a squeeze out launched by SiegCo for Valtech (listed on Euronext Paris and whose registered office is in the UK).
- Deal counsel on the simplified tender offer launched by Hodiall for Radiall (listed on Euronext Paris) in the perspective of its delisting.
- Advised Montupet (listed on Euronext Paris) on the tender offer for its shares by the Canadian group Linamar.
- Advised Financière Ampère Galilée on its simplified tender offer for Serma Technologies (listed on Euronext Paris).
- Advised Prologue (listed on Euronext Paris) on its public exchange offer for O2i (listed on Alternext).
- Advised the BPCE Group on its simplified tender offer for the shares issued by Banque de la Réunion (listed on Euronext Paris) followed by a squeeze out.
- Advised the Belgian group Solvay on its tender offer for Rhodia.
Corporate – Mergers & acquisitions:
- Advised the April group on the sale of subsidiaries in Latin America and Eastern Europe.
- Advised the Danone group on the sale of one of its European subsidiaries.
- Advised the April group on the acquisition of a majority stake in the capital of a European insurance broker.
- Advised Danone on the acquisition, in partnership with the Groupe Abraaj, of Fan Milk International, a major player in the manufacture and distribution of frozen dairy products and juices in various counties of West Africa (Ghana, Nigeria, Togo, Burkina Faso, Benin and Ivory Coast).
- Advised the Caisse des Dépôts et Consignations on the creation of the French Strategic Investment Fund.
Jeantet advises QUADPACK on its acquisition by PSB INDUSTRIES
Paris, 21 November, 2024 – Jeantet is advising the listed company Quadpack Industries on its acquisition by PSB Industries, both specialized in the development, manufacture and distribution of packaging for the cosmetics industry, for approximately EUR 140 million. Quadpack Industries, a Catalan-based company listed on Euronext Growth Paris, and PSB Industries (the parent of the […]
Paris | CORPORATE – M&A – PRIVATE EQUITY
Jeantet advises ADVANTECH CO. LTD, on the acquisition of a block of shares, prior to the filing of a draft mandatory tender offer for the remaining shares of AURES TECHNOLOGIES
Paris, October 15 2024 – Jeantet has advised the Taiwanese group Advantech Co., Ltd., a global leader in the Internet of Things (“IoT”) intelligent systems sector and listed on the Taiwan Stock Exchange, on the off-market acquisition of a block of shares representing 35.76% of the share capital of Aures Technologies SA from its founder […]
Paris | CAPITAL MARKETS AND STOCK EXCHANGE LAW
Jeantet advised IQEQ MANAGEMENT on the implementation of a trust solution (Fiducie-Gestion) by CARMAT in accordance with its agreement entered into with all its financial creditors, including the european investment bank, on new repayment terms for its bank loans
Paris, on June 21 2024 – Jeantet advised IQEQ Management, an AMF-accredited management company, as trustee, in connection with the implementation of a trust solution (fiducie-gestion) by Carmat, in accordance with the final agreement entered into on March 22, 2024 with its financial creditors, including the European Investment Bank, on new repayment terms for its […]
Paris | CAPITAL MARKETS AND STOCK EXCHANGE LAW
Jeantet advises PULLUP ENTERTAINMENT in the context of its share capital increase without preferential subscription rights by way of a public offering and with a priority period, on an irreducible basis only, for its existing shareholders, for a total amount of circa €23 million
Paris, May 31, 2024 – Jeantet advised PulluP Entertainment, one of the European leaders in the publishing and development of video games iii – AA for PC and Consoles, in the context of its share capital increase without preferential subscription rights of the shareholders by way of a public offering and with a priority period, […]
Paris | CAPITAL MARKETS AND STOCK EXCHANGE LAW
Jeantet advises OSMOZIS and its controlling shareholders in the context of the entry into exclusive negotiations with the PASSMAN GROUP for the acquisiton by the PASSMAN GROUP of a majority block, prior to the filing of a simplified tender offer on OSMOZIS shares
Paris, May 24, 2024 – Jeantet has advised Osmozis (a company listed on the Euronext Growth Paris market), specialized in the digital transformation of campsites and holiday homes in Europe, as well as its controlling shareholders, in the context of the acquisition project of a majority block of Osmozis shares by the Passman Group, a […]
| CAPITAL MARKETS AND STOCK EXCHANGE LAW
Jeantet advises the GIFI group on its 100% takeover of BRICOLEX
Paris, April 4, 2024 – After having advised it, in the course of 2023, on its acquisition of a minority stake, Jeantet advised the Gifi group, specialized in the retail distribution of home decoration and bazaar products under the “Gifi” brand, on its 100% takeover of Le Chamois, specialized in the retail sale of do-it-yourself […]
Paris | CORPORATE – M&A – PRIVATE EQUITY
Jeantet advises 2CRSi in the context of its share capital increase by way of private placement with a public offering aimed at retail investors (via the Primarybid platform) for a total amount of €12 million
Paris, March 20, 2024 – Jeantet advised 2CRSi in the context of its share capital increase by way of private placement to qualified investors with a public offering aimed at retail investors via the PrimaryBid platform on Euronext Growth Paris, for a total amount of €12 million. The total demand for the transaction amounted to […]
Paris | CAPITAL MARKETS AND STOCK EXCHANGE LAW
Jeantet advises ENERTIME in the context of its share capital increase without preferential subscription rights by way of a public offering and with a priority period for its existing shareholders on Euronext Growth Paris
Paris, March 8, 2024 – Jeantet advised Enertime in the context of its share capital increase without preferential subscription rights of the shareholders by way of a public offering and with a priority period, on an irreducible and reducible basis, for its shareholders and of a global placement on Euronext Growth Paris, for a total […]
Paris | CAPITAL MARKETS AND STOCK EXCHANGE LAW
Jeantet advises SII Goes On and Société pour l’Informatique Industrielle (SII) in the context of the proposed simplified tender offer for SII shares to be launched by SII Goes On
Paris, 15 December 2023 – Jeantet advises Société pour l’Informatique Industrielle (SII), a leading international group in engineering, technology consulting and digital services, listed on Euronext Paris, with a sales turnover of one billion euros during its last financial year, and SII Goes On, a company created for the purposes of the transaction and controlled […]
Paris | CAPITAL MARKETS AND STOCK EXCHANGE LAW
Cyril Deniaud ranked among the “Top 40 CAC 40 Lawyers” by Forbes France and La LJA
Cyril Deniaud, partner in the Capital Markets – Stock Exchange Law department, has been recognized in the “Top 40 CAC 40 lawyers” ranking published by Forbes France in partnership with La Lettre des Juristes d’Affaires (LJA). What they say about him: Expert in listed company financing, pragmatic, innovative and attentive to his clients’ needs*. Cyril […]
| CAPITAL MARKETS AND STOCK EXCHANGE LAW
Jeantet advises Intrasense in the context of the voluntary tender offer for its shares launched by its reference shareholder Guerbet
Paris, June 16, 2023, Jeantet advised Intrasense, a company specializing in medical imaging software solutions listed on Euronext Growth Paris, in the context of the voluntary tender offer (the “Offer”) for its shares, launched by its reference shareholder Guerbet, following the share capital increase reserved to Guerbet for a total amount of €8.8 million, dated […]
Paris | LISTED COMPANIES AND CAPITAL MARKETS LAW | CAPITAL MARKETS AND STOCK EXCHANGE LAW
Jeantet advises Keyrus and K Eagle Investment in the context of the proposed simplified tender offer for Keyrus shares to be launched by K Eagle Investment
Paris, 9 June 2023 – Jeantet advises Keyrus, an international player in providing IT and electronic consultancy services, whose shares are listed on Euronext Growth Paris, and K Eagle Investment, a company created for the purposes of the transaction and controlled by Eric Cohen (Chairman and Chief Executive Officer and majority shareholder of Keyrus), in […]
Paris | CAPITAL MARKETS AND STOCK EXCHANGE LAW