ROTHSCHILD (EPA:ROTH) - Press release
Transparency directive : regulatory news
16/03/2020 08:00
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Press release
Paris, 16 March 2020
The Rothschild family announces its intention to strengthen its shareholding in
Rothschild & Co
Rothschild & Co Concordia, holding company of the Rothschild family concert and
main shareholder of Rothschild & Co, announces its intention to increase its
shareholding in Rothschild & Co, showing the Rothschild family's trust in the
fundamentals of the Rothschild & Co group.
Rothschild & Co Concordia intends to purchase Rothschild & Co shares for a
maximum amount of EUR45,000,000, on the market and off-market.
With respect to the increase of its shareholding, a request for a derogation
from the obligation to submit a public offer for the shares of Rothschild & Co
will be filed with the AMF (Autorité des marches financiers) by Rothschild &
Co Concordia, which currently holds 34.92% of the share capital and 42.72% of
the voting rights of Rothschild & Co. Rothschild & Co Concordia is part of the
enlarged family concert which already holds the majority of the share capital
and voting rights of Rothschild & Co.
- ENDS -
For further information:
Rothschild & Co Media Contact
Media Relations DGM
Caroline Nico Olivier Labesse
Tel: + 33 1 40 74 43 44 Tel: +33 1 40 70 11 89
Caroline.nico@rothschildandco.com labesse@dgm-conseil.fr