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GL events — Major Shareholding Notification 2017
Mar 14, 2017
1368_iss_2017-03-14_0f2225dc-c2e5-42dd-baa7-5bfc7d60acdb.pdf
Major Shareholding Notification
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Lyon, 14 March 2017
Polygone SA announces the block purchase of shares representing 4.42% of GL events' capital
Polygone SA, the controlling holding company of GL events, announces the purchase through a block trade of 1,034,853 shares representing 4.42% of GL events' capital at a price of €19.30 per share.
After this purchase, Polygone SA now holds 55.54% of GL events' share capital and 64.72% of the voting rights.
Olivier Ginon, Chairman-CEO of Polygone SA and GL events, commented: "Following the recent publication of 2016's good performances, Polygone SA seized the opportunity to strengthen its stake in GL events' capital, highlighting its confidence in the outlook as presented to the market and in the Group's prospects for continuing development".