Lagardère’s Shareholder Vivendi Extends Rights to Sell Shares Until June 2025

Lagardère’s Shareholder Vivendi Extends Rights to Sell Shares Until June 2025

(IN BRIEF) Lagardère acknowledges that its shareholder, Vivendi SE, has unanimously approved the extension of the exercise period for the rights to sell Lagardère shares until June 15, 2025. This extension maintains the terms and conditions outlined in the public tender offer document, including the exercise price of €24.10 guaranteed by the presenting institutions underwriting the public tender offer. Lagardère is an international group operating in over 40 countries, with divisions in publishing, travel retail, and news, among others. As of 2022, the group had 27,400 employees and generated €6,929 million in revenue.

(PRESS RELEASE) PARIS, 12-Dec-2023 — /EuropaWire/ — Lagardère acknowledges the publication on December 11, 2023, by its shareholder, Vivendi SE, of a press release entitled “Approval of the extension of the exercise period of the rights to sell Lagardère shares to June 15, 2025”, whose content is set out below:

“The general meeting of the beneficiaries of Lagardère transfer rights, granted in connection with the public tender offer for Lagardère shares, today unanimously approved on first notice the extension of the exercise period to June 15, 2025.

It is reminded that the other terms and conditions of the transfer rights described in the public tender offer document approved by the French Financial Markets Authority1 on April 12, 2022, will remain unchanged, in particular their exercise price of €24.10 guaranteed by the presenting institutions underwriting the public tender offer”.

(1)AMF Visa no. 22-106. The offer document is available at https://www.vivendi.com/en/opa-lagardere-documents/

Created in 1992, Lagardère is an international group with operations in more than 40 countries worldwide. It employs some 27,400 people and generated revenue of €6,929 million in 2022. The Group focuses on three divisions: Lagardère Publishing (Book and e-Publishing, Board Games and Mobile Games), Lagardère Travel Retail (Travel Essentials, Duty Free & Fashion and Foodservice) and Lagardère News (Paris Match, Le Journal du Dimanche, JDD Magazine, and the Elle brand licence). The Group’s operating assets also include Lagardère Live Entertainment and Lagardère Paris Racing. Its consolidated financial statements also include Lagardère Radio SCA, which is wholly owned, and its subsidiaries (Europe 1, Europe 2 and RFM) controlled by Arnaud Lagardère.

Lagardère shares are listed on Euronext Paris.

Media Contact:
presse@lagardere.fr

Investor Relations:
Emmanuel Rapin
+33 1 40 69 17 45
erapin@lagardere.fr

SOURCE: Lagardère