EUROPACORP (EPA:ECP) - Sale of French television activity

Transparency directive : regulatory news

17/11/2017 18:45

Press release

                     Sale of French television activity

Saint-Denis, November 17th, 2017 - EuropaCorp Television has sold business
assets related to French  television production activity.

The transaction includes the sale of the following elements:
- The French-language TV productions of the company including French-language
  projects of TV series and TV films of EuropaCorp Television, produced, in
  production or in development, as well as the rights on the catalogue of
  French-language TV series and TV films developed by EuropaCorp Television ;
- The following English-language TV series and TV films, produced or in
  development : XIII, Le Vol des Cigognes, Taxi Brooklyn, The Art of War, Life
  after Life and La Patrouille Perdue ;
- The adaptation rights of all the assets sold by EuropaCorp Television ;
- The assets and the commitments given or received directly linked to these
  assets.

The transfer of these elements will go with the take back of all the employees
of the French activity.

The current CEO of EuropaCorp Television, Thomas Anargyros, has acquired these
business assets for a price of EUR11 million.

As a result of this sale, the Company's overheads will decrease by a yearly
amount comprised between EUR2.5 million and EUR3 million.

EuropaCorp retains interest in its US television business and is not selling
this activity. The Company will continue to produce and distribute
English-language TV series with strong international potential, such as the
series Taken whose second season is currently in production.

ABOUT EUROPACORP
Founded in 1999, EuropaCorp has become one of Europe's leading film and
television studios.
The company's global activities span the entire film value chain with expertise
in production, theatrical distribution, video and VOD sales, international
sales, soundtrack publishing, and television sales. By directly managing the
production and distribution process, EuropaCorp is able to maintain quality and
creativity throughout the lifecycle of a film or television project. The
company has produced or coproduced over 110 films, distributed nearly 160 films
in French cinemas, and owns a catalogue of more than 500 French and English
language titles. Since 2000, the company has produced 8 of France's 20 highest
grossing films based on worldwide box-office. Starting in 2010, the company has
been active in producing television movies and episodic television series for
platforms around the world.
EuropaCorp was founded by French director, screenwriter and producer Luc
Besson. For more information, go to www.europacorp-corporate.com

Contacts

EuropaCorp Group
Lisa Reynaud / Investor relations / investors@europacorp.com
Régis Lefèbvre / Communication / rlefebvre@europacorp.com
Tel: 01 55 99 50 00

NewCap
Pierre Laurent / NewCap
plaurent@newcap.fr / Tel : 01 44 71 94 94

EuropaCorp is listed in Compartment C of Euronext Paris
ISIN code: FR0010490920 - Ticker: ECP

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