a me pare che non paghino 60 in cash ma offrano titoli nuovi e migliori con cambio al 60% dei vecchi, sbaglio?
Holders that do not hold at least the Minimum Offer Amounts of the Existing Securities (in order that the relevant
Holder is able to receive at least the minimum denomination of the New Notes) (each an Ineligible Holder) may
be eligible, to the extent permitted by applicable laws and regulations, to receive an amount, in cash, equal to the
application of the relevant Exchange Ratio to the nominal amount of their Existing Securities (rounded to the
nearest €0.01, with half a cent rounded upwards) (an Ineligible Holder Payment).
Only Ineligible Holders may submit Ineligible Holder Instructions and be eligible to receive an Ineligible Holder
Payment.
Payment of any Ineligible Holder Payment is conditional on the acceptance by BCP of the Existing Securities
offered for exchange pursuant to the Offers, the completion of the Offers and the further conditions referred to
under "Participation in the Offers – Ineligible Holder Instructions".
Ineligible Holder Payments will be paid by BCP to relevant Ineligible Holders on the Settlement Date (subject to
BCP's right to amend such date of payment as set out in this Exchange Offer Memorandum) in the same manner
as any Exchange Consideration and Accrued Interest Payment would be paid to the relevant Ineligible Holder, if
the Existing Securities in respect of which such Ineligible Holder validly submitted an Ineligible Holder
Instruction were permitted to be and in fact were accepted for exchange by BCP pursuant to the Offers.