ROTHSCHILD (EPA:ROTH) - The Rothschild family announces an agreement to acquire Rothschild & Co shares from Jardine Matheson Group
Transparency directive : regulatory news
23/04/2021 20:10
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Press release
Paris, 23 April 2021
The Rothschild family announces an agreement to acquire Rothschild & Co shares
from Jardine Matheson Group
Rothschild & Co Concordia, holding company of the Rothschild family, announces
that it has entered into an agreement today to acquire a block of shares from
the Jardine Matheson Group representing 1.76% of the share capital of
Rothschild & Co. The transaction will be completed after the payment of the
dividend in respect of financial year 2020, at a price of 29.30 euros per share
ex dividend. The completion of the transaction is also subject to regulatory
authorizations and a derogation by the AMF to the requirement to file a tender
offer on the share capital of Rothschild & Co.
In parallel to this transaction, Rothschild & Co Concordia has been informed
that the Jardine Matheson Group has agreed to sell approximately 1% of the
share capital of Rothschild & Co, on the same financial terms, to the Groupe
Industriel Marcel Dassault (which is not part of the enlarged family
concert).
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