JCDecaux : Update on JCDecaux's proposed acquisition of APN Outdoor in Australia
18 Octobre 2018 - 8:30AM
Update on
JCDecaux's proposed acquisition of APN Outdoor in Australia
Paris, October
18th, 2018 -
JCDecaux SA (Euronext Paris: DEC), the number one outdoor
advertising company worldwide, announces that the Federal Court of
Australia (NSW) (the Court) has approved the scheme of arrangement
in relation to the APN Outdoor transaction (the Scheme).
APN Outdoor has confirmed that an
office copy of the Court orders has been lodged with ASIC pursuant
to section 411(10) of the Corporations Act 2001 (Cth) and
accordingly the Scheme is now legally effective.
APN Outdoor shares have ceased
trading on the Australian Securities Exchange at the close of trade
on October 18th, 2018.
It is expected that:
·
the Scheme date will be 7.00pm (Sydney time) on October
25th, 2018;
and
·
the Scheme will be implemented on October 31st,
2018.
Key Figures for
JCDecaux
-
2017 revenue: €3,493m*, H1 2018
revenue: €1,643m
-
JCDecaux is listed on the
Eurolist of Euronext Paris and is part of the Euronext 100 and
Euronext Family Business indexes
-
JCDecaux is part of the
FTSE4Good index
-
N°1 worldwide in street
furniture (543,050 advertising panels)
-
N°1 worldwide in transport
advertising with more than 215 airports and 250 contracts in
metros, buses, trains and tramways (356,320 advertising
panels)
-
N°1 in Europe for billboards
(141,630 advertising panels)
-
N°1 in outdoor advertising in
Europe (672,220 advertising panels)
-
N°1 in outdoor advertising in
Asia-Pacific (216,290 advertising panels)
-
N°1 in outdoor advertising in
Latin America (77,190 advertising panels)
-
N°1 in outdoor advertising in
Africa (26,770 advertising panels)
-
N°1 in outdoor advertising in
the Middle-East (18,650 advertising panels)
-
Leader in self-service bike
rental scheme: pioneer in eco-friendly mobility
-
1,074,113 advertising panels in
more than 80 countries
-
Present in 4,033 cities with
more than 10,000 inhabitants
-
13,040 employees
* Restated from
the retrospective application of IFRS 15, applicable from
January 1st, 2018
Communications Department: Agathe
Albertini
+33 (0) 1 30 79 34 99 - agathe.albertini@jcdecaux.com
Investor Relations:
Arnaud Courtial
+33 (0) 1 30 79 79 93 - arnaud.courtial@jcdecaux.com
Domestique
Consulting: Lauren Thompson
+61 2-9119-3078 - lauren@domestiqueconsulting.com.au
20181018 - APN Outdoor - Scheme
effective - UK
This
announcement is distributed by West Corporation on behalf of West
Corporation clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: JCDecaux via Globenewswire
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