Cancellation of 3% of FDJ's Share Capital Following the Court of Cassation Ruling in Favour of the FDJ Group in its Dispute with Soficoma
10 Maggio 2024 - 5:47PM
Business Wire
Regulatory News:
In the litigation between FDJ (Paris:FDJ) and Soficoma
pertaining to ownership of 3% of FDJ, the Court of Cassation issued
a judgment on 10 May 2024 rejecting the appeal brought by Soficoma
against the judgment issued by the Aix-en-Provence Court of Appeal
on 17 November 2022, which had confirmed the terms of the decision
handed down by the Marseille Commercial Court on 23 May 2019.
For reference, the Marseille Commercial Court had found that
Soficoma was required to sell its 5,730,000 shares to FDJ for the
price of €15,647,940 and had ceased to be a shareholder with effect
from 18 May 2017, and ruled that FDJ was authorised to record in
its books the transfer of these 5,730,000 shares.
The FDJ Group notes this ruling which, in accordance with the
decision by the Shareholders’ Meeting of 8 June 2018, results in
the cancellation of these 5,730,000 shares and the corresponding
reduction in its share capital, which now consists of 185,270,000
shares.
It should be noted that FDJ deposited the amount payable to
Soficoma for the purchase of these shares with Caisse des Dépôts et
Consignations on 18 May 2017, and that dividends attached to these
shares paid after that date, totalling €44,170,000, have been
retained by FDJ and will be allocated to Group shareholder
equity.
About FDJ Group
As the leading French player in betting and gambling, and as one
of the world leaders, FDJ offers the general public a responsible
range of lottery games (draws and instant games), sports betting
(with its brands ParionsSport point of sale and ParionsSport
online), horse racing betting and poker. FDJ’s performance is
driven by a large portfolio of iconic brands, the leading local
sales network in France, a growing market, and recurring
investments. The Group rolls out an innovative strategy to increase
the attractiveness of its gaming and service offering across all
distribution channels, by offering a responsible customer
experience. FDJ Group is listed on the regulated market of Euronext
Paris (Compartment A – FDJ.PA) and is part of the SBF 120, Euronext
100, Euronext Vigeo 20, EN EZ ESG L 80, STOXX Europe 600, MSCI
Europe and FTSE Euro indices.
For more information, visit www.groupefdj.com
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Media Contact 01 41 10 33 82 |
servicedepresse@lfdj.com
Investor Relations Contact 01 41 04 19 74 |
invest@lfdj.com
Grafico Azioni Francaise Des Jeux (EU:FDJ)
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