Casino Group : Casino Group announces the disposal of 5% of Mercialys equity
21 Août 2020 - 10:50PM
Casino Group : Casino Group announces the disposal of 5% of
Mercialys equity
Casino Group announces the disposal of 5%
of Mercialys equity
Paris, 21st August 2020,
In connection with the asset disposal plan, the Group
announces the additional and definitive disposal of 5% of Mercialys
equity through the Mercialys total return swap (TRS).
In this operation the Group will cash-in €26
million proceeds which will be allocated to the escrow account
dedicated to gross debt reimbursement.
This disposal reduces Casino Group's stake in Mercialys in
terms of voting rights from 25.3% to 20.3%.
Disclaimer
This press release was prepared solely for information purposes,
and should not be construed as a solicitation or an offer to buy or
sell securities or related financial instruments. Likewise, it does
not provide and should not be treated as providing investment
advice. It has no connection with the specific investment
objectives, financial situation or needs of any receiver. No
representation or warranty, either express or implied, is provided
in relation to the accuracy, completeness or reliability of the
information contained herein. It should not be regarded by
recipients as a substitute for the exercise of their own judgement.
All the opinions expressed herein are subject to change without
notice.
ANALYST AND INVESTOR
CONTACTS
Lionel BENCHIMOL – +33 (0)1 53
65 64 17 lbenchimol@groupe-casino.fr
or
+33 (0)1 53 65 24 17
IR_Casino@groupe-casino.fr
PRESS CONTACTS
Casino Group – Direction
of Communication
Stéphanie ABADIE - sabadie@groupe-casino.fr - +33
(0)6 26 27 37 05
or
+33(0)1 53 65 24 78 -
directiondelacommunication@groupe-casino.fr
Agence IMAGE 7
Karine ALLOUIS - +33(0)1 53 70 74 84
- kallouis@image7.fr
Grégoire LUCAS - gregoire.lucas@image7.fr
- 2020.08.21 - PR - Casino Group announces the disposal of 5% of
Mercialys equity
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