Contingent Capital: SCOR issues shares to UBS
Further to the drawdown, announced on July 5, 2011, by SCOR of EUR 75,000,000 on the contingent capital facility placed at its disposal by UBS, UBS has exercised the number of warrants required for the issuance and subscription by it of new SCOR shares in an aggregate amount of EUR 75,000,000 and has informed SCOR that it has placed the corresponding shares with investors in a private placement.
1 Based on the number of shares existing as at June 30, 2011 as published on SCOR Website on July 4, 2011 (on a non-dilutive basis)
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