Casino Group: GPA capital increase and dilution of Casino stake
14 Marzo 2024 - 11:36AM
Casino Group: GPA capital increase and dilution of Casino stake
GPA capital increase and dilution of Casino
stake
Paris, 14 March 2024
Following the communication made on December
11th, 2023, Casino Group announces today the completion of Grupo
Pão de Açucar ("GPA") primary offering with 220.000.000 new shares
at 3,2 BRL per share, for a total placement amount of BRL 704
million.
At the end of the transaction, the Casino
Group’s GPA capital stake will be 22.5% and will therefore no
longer control the company. Casino Group will maintain 2 members at
GPA board of directors, as announced previously to the market.
***
This communication is for informational purposes
only under the current applicable laws and regulations, and is
neither an offer to sell nor a solicitation of an offer to buy the
securities described herein, nor shall there be any sale of these
securities in any jurisdiction in which such an offer, solicitation
or sale would be unlawful prior to registration or qualification
under the securities laws of any such jurisdiction.
ANALYSTS AND INVESTORS CONTACTS
Christopher WELTON -
cwelton.exterieur@groupe-casino.fr - Tel: +33 (0)1 53 65 64 17
orIR_Casino@groupe-casino.fr - Tel: +33 (0)1 53 65 24 17
PRESS CONTACTS
Groupe Casino Communications
Stéphanie Abadie -
sabadie@groupe-casino.fr – Tel: +33 (0)6 26 27 37
05ordirectiondelacommunication@groupe-casino.fr - Tel: + 33(0)1 53
65 24 78
Agence IMAGE 7
Karine Allouis - kallouis@image7.fr - Tel: +33
(0)6 11 59 23 26
Laurent Poinsot - lpoinsot@image7.fr - Tel: +
33(0)6 80 11 73 52
Franck Pasquier - fpasquier@image7.fr - Tel: +
33(0)6 73 62 57 99
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