Spin-off
Aperam was spun-off from ArcelorMittal in January 2011.
At an Extraordinary General Meeting held in Luxembourg on 25 January 2011, ArcelorMittal shareholders approved the spin-off of the company’s stainless business. As a result, they became shareholders of Aperam, a new company with an exchange ratio of 20 to 1.
Spin-off Timeline
| 25 Jan. 2011 | At 14:00 CET, ArcelorMittal shareholders approve spin-off proposal and report on the proposal during an extraordinary general meeting. New ordinary shares for Aperam are issued and allotted to ArcelorMittal shareholders on record. |
| 26 Jan. 2011 | Ex-date for ArcelorMittal shares. New Aperam shares start trading on ‘as if and when’ (AIW) basis. |
| 28 Jan. 2011 | COB marks record date spin-off, final eligible positions to allocate Aperam shares. |
| 31 Jan. 2011 |
|
Spin-off Related Documentation
General Documents
- Letter from Chairman and CEO PT NL EN FR ES
- 11 Month Listing Prospectus EN
- Summary of Prospectus EN FR ES
- Technical Information Memorandum to Members of NYSE Euronext and Admitted Institutions of Euroclear Nederland EN
- Spin-Off Proposal EN / FR
- Report Prepared by the Boards of Directors of ArcelorMittal and Aperam on the Spin-Off Proposal EN
- Reports Prepared by an Independent Auditor (PricewaterhouseCoopers) on the Spin-Off Proposal in Accordance with Article 294 of the Luxembourg Law of 10 August 1915 on Commercial Companies, as Amended (the “Law”) (EN)
- Audited Opening Balance sheet of Aperam as of September 9, 2010 EN - Aperam EN - ArcelorMittal
- Convening Notice EN FR ES
- Information Letter for Spanish Shareholders ES
Documents for holders of New York Registry Shares
ArcelorMittal Annual Reports
- 2007 EN
- 2008 EN
- 2009 EN - Management Report EN - Financial Information
