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GL events Major Shareholding Notification 2025
1368_iss_2025-03-06_23fb3a21-41d7-4e84-a561-4cf575d552fa.pdf
Major Shareholding Notification
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GL EVENTS SHAREHOLDING STRUCTURE DEVELOPMENTS
POLYGONE HOLDING'S REINFORCED - ENTRY OF THE AMAR FAMILY OFFICE – EXIT OF THE SOFINA SHAREHOLDING BLOCK
GL events (FR0000066672, GLO), the integrated event industry group, announces changes to its shareholder structure. Polygone and the Amar Family Office today acquired the entire remaining stake in GL events held by Sofina, representing 7.0% of GL events' capital.
As part of this transaction:
- The Amar Family Office, through its subsidiary Holgespar Luxembourg SA, acquired a 3.5% stake in GL events, representing 1,051,364 shares,
- Polygone acquired the remaining 1,051,365 shares, representing 3.5% of the Group's share capital.
Olivier Ginon, Chairman-CEO of GL events, commented:
"We are delighted to welcome the Amar Family Office as a new shareholder in GL events and a key player in this new capital structure. We thank them for their trust and commitment by joining us in this capacity. Their long-term vision and commitment will provide a valuable contribution in supporting GL events' growth and strategic development. In addition, Polygone's increased shareholding highlights its confidence in the GL events' prospects for continuing growth. This potential is illustrated by strength of our 2024 results (EBITDA up 16% on 2023 to €232m / Net Attributable Profit to Group shareholders up 21% on 2023 to €77m) and our forecasts for growth in business and the operating margin in 2025. "
Following this acquisition, the Amar Family Office will nominate David Amar to represent it on the GL events Board of Directors as a non-voting member (Censeur). This nomination reflects the Amar Family Office's wish to actively contribute to GL events' governance and strategic development.
Upon completion of the transaction, GL events' share capital structure will be as follows:
| - | Polygone | 60.3% |
|---|---|---|
| - | Trévise Participations | 8.0% |
| - | Holgespar Luxembourg SA1 | 3.5% |
- Own shares 2,2%
- Le Grand Rey2 0.3%
- Free float 25.7%.
1 Company controlled by the Amar Family Office
2 Polygone and Le Grand Rey are controlled by Mr. Olivier Ginon
It is noted for the record that there is no shareholders' agreement between Polygone and the Amar family.
ABOUT GL EVENTS
About GL events: GL events Group is a world-class provider of integrated solutions and services for events operating across the industry's three main market segments: conventions, conferences, congresses; cultural, sports and political events; trade shows / B2B and B2C exhibitions and consumer fairs. GL events' activities are organised into three major business divisions. GL events Live's expertise covers the complete range of business specialisations and services for corporate, institutional and sports events and offers turnkey solutions from consulting and
design to staging the event itself. GL events Exhibitions manages and coordinates the Group's portfolio of more than 200 proprietary trade fairs covering a wide range of sectors: food industry, culture, textiles/fashion, manufacturing… GL events Venues manages a network of 59 venues (convention and exhibition centres, concert halls and multi-purpose facilities) in France and international destinations.
Present on five continents with operations in more than 20 countries, GL events has 5,850 employees. GL events is listed on Euronext Paris, Compartment B (mid-caps).
| INVESTOR RELATIONS | MEDIA RELATIONS | ||
|---|---|---|---|
| GL events | FTI Consulting | ||
| Sylvain Bechet | Julien Durovray | ||
| Tel.: +33 (0)4 72 31 54 20 | Tel: +33 (0)6 25 04 57 73 | ||
| [email protected] | [email protected] | ||
| ISIN FR0000066672 - BLOOMBERG GLO FP - REFINITIV GLTN.PA - FTSE 581 |
LEI 9695002PXZMQNBPY2P44