By Yakubu LAAH InvestAdvocate

Lagos (INVESTADVOCATE)- Holcim Ltd, one of the world’s leading suppliers of cement and aggregates said on Thursday Autorité des marchés financiers (AMF) has released the final results of the public exchange offer it  initiated  for the shares of Lafarge S.A, following the settlement-delivery of the offer expected to occur on July 10, 2015.

Holcim said it will hold 252,230,673 Lafarge S.A. shares representing 87.46 percent of the share capital and at least 83.94 percent of the voting rights¹ of Lafarge S.A. based on the total number of shares outstanding as of July 8, 2015.

“In accordance with the AMF general regulations, the offer will be re-opened during at least 10 trading days according to a timetable that will be published by the AMF,” a statement from Holcim said.

The company affirmed that based on the total number of shares outstanding as of July 8, 2015: 288,411,188 shares representing no more than 300,493,937 voting rights. “The number of voting rights is an estimate taking only partially into account the loss of double voting rights attached to tendered shares,” it added.