LAGARDERE (EPA:MMB) - No appeal filed against the French financial markets authority’s decision granted on the proposed conversion of Lagardère SCA into a joint-stock company
Transparency directive : regulatory news
15/06/2021 08:00
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Paris, 15 June 2021No appeal filed against the French financial markets authority's decision
granted on the proposed conversion of Lagardère SCA into a joint-stock
company
Lagardère SCA (the "Company") received confirmation from the registry of the
Paris Court of Appel that no appeal was filed against the decision of the
French financial markets authority's (Autorité des marchés financiers - AMF)
having considered that the conversion of the Company into a joint-stock company
does not require the launching of a tender offer(1).
Consequently, the conversion of the Company into a joint-stock company is now
only subject to approval by the General Partners and the Shareholders whose
General Meetings will be held on 30 June 2021, it being specified that the
General Partners and the main shareholders, Vivendi, Qatar Holding LLC, Amber
Capital and Financière Agache (which together with Arnaud Lagardère hold 75%
of the Company's voting rights), agreed to support the proposed conversion.
Created in 1992, Lagardère is an international group with operations in more
than 40 countries worldwide. It employs some 28,000 people and generated
revenue of EUR4,439 million in 2020.
In 2018, the Group launched its strategic refocusing around two priority
divisions: Lagardère Publishing (Book and e-Publishing, Mobile and Board
games) and Lagardère Travel Retail (Travel Essentials, Duty Free & Fashion,
Foodservice).
The Group's operating assets also include Lagardère News and Lagardère Live
Entertainment.
Lagardère shares are listed on Euronext Paris.
www.lagardere.com
Press Contacts
Thierry Funck-Brentano
Tel. +33 1 40 69 16 34
tfb@lagardere.fr
Ramzi Khiroun
Tel. +33 1 40 69 16 33
rk@lagardere.fr
Image 7 contacts
Anne Méaux
Tel: +33 6 89 87 61 76
Investor Relations Contacts
Emmanuel Rapin
Tel. +33 1 40 69 17 45
erapin@lagardere.fr
Alima Lelarge Levy
Tel. +33 1 40 69 19 22
alelargelevy@lagardere.fr
(1) Decision AMF n°221C1166 dated 21 May 2021
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