NRJ GROUP (EPA:NRG) - NRJ GROUP - Sale of remaining stake in EIT

Transparency directive : regulatory news

23/06/2020 18:51

Paris, June 23, 2020 - 6:00pm

   NRJ GROUP completes the sale of its minority interest in Euro-Information
                                   Telecom

NRJ Group announces that it has completed the sale to Euro-Information of its
5% remaining interest in Euro-Information Telecom, a company which has
licensed the brand NRJ Mobile, for an amount of EUR 50 million. Euro-
Information, a company of Crédit Mutuel group, now holds all the shares and
voting rights of Euro-Information Telecom.

Together with this sale, NRJ and Euro-Information Telecom have extended the
NRJ Mobile brand licensing contract until December 31, 2025.

This sale of minority interest will be effective in NRJ Group's consolidated
accounts as at June 30, 2020. NRJ Group intends to use the proceeds for
corporate purposes.

About NRJ GROUP

NRJ GROUP is one of France's leading private media groups in the publishing,
production and broadcasting sectors and also markets its own media spaces.

In France, the Group tops the private radio market with its four brands (NRJ,
CHERIE FM, NOSTALGIE and RIRE & CHANSONS), is a significant player on the
television market where it operates and develops two free national channels
(NRJ 12 and CHERIE 25) and a paid channel (NRJ HITS, the number 1
cable-satellite-ADSL music channel) and, through its subsidiary towerCast,
ranks number two on the French broadcasting market. Backed by its strong
brands, marketing expertise and commercial performance, in recent years the
Group has also developed a digital ecosystem enabling it to monitor and
anticipate changes in the consumption of media via new delivery mechanisms,
expanding its original brand portfolio through websites, mobile and voice apps,
multi-channel networks and nearly 240 Internet radio stations. Today, NRJ Group
is the number 1 private Internet radio group in France. This digital presence
enables the Group's advertising business to provide its clients with a more
targeted offering thanks to the strategic data collected by the Group.

On the international market, the Group is present in 17 other countries, with
NRJ/ENERGY, the number one international radio brand, and/or
NOSTALGIE/NOSTALGIA, either directly or through partnerships or licensing
agreements.

NRJ GROUP shares are listed on Euronext Paris (compartment B).
Codes - ISIN: FR0000121691; Reuters: NRG-FR; Bloomberg: NRG FP.

                       Analyst and Investor Information
  NRJ GROUP - Investor Relations 46-50 avenue Théophile Gautier 75016 Paris -
                               www.nrjgroup.fr
        FTI Consulting - Arnaud de Cheffontaines / Cosme Julien-Madoni /
          Tel: + 33 1 47 03 68 19 / e-mail: nrjgroup@fticonsulting.com

      NRJ GROUP, a public limited company with capital of 781,076.21 euros
                    Head office: 22, rue Boileau 75016 Paris
                             332 036 128 RCS PARIS

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30/04/2024 17:43

NRJ GROUP (EPA:NRG) - NRJ GROUP - Sale of remaining stake in EIT

Transparency directive : regulatory news

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