The general meeting of the beneficiaries of Lagardère transfer rights, granted in connection with Vivendi’s public tender offer for Lagardère shares, today unanimously approved on first notice the extension of the exercise period to June 15, 2025.
It is reminded that the other terms and conditions of the transfer rights described in the public tender offer document approved by the French Financial Markets Authority[1] on April 12, 2022, will remain unchanged, in particular their exercise price of €24.10 guaranteed by the presenting institutions underwriting the public tender offer.
About Vivendi
Since 2014, Vivendi has been building a world-class content, media and communications group. Canal+ Group is a major player in the creation and distribution of cinema and audiovisual content on all continents. Lagardère is the world’s third-largest book publisher for the general public and educational markets and a leading global player in travel retail. Havas is one of the largest global communications groups with a presence in more than 100 countries. Vivendi is also active in the magazine business (Prisma Media), video games (Gameloft) and live entertainment and ticketing (Vivendi Village). It also owns a global digital content distribution platform (Dailymotion) and a subsidiary dedicated to providing very high-speed Internet access in Africa (GVA). Vivendi’s various activities work closely together as an integrated group committed to transforming its businesses to meet the expectations of the public and anticipate constant changes. As a committed group, Vivendi contributes to building more open, inclusive, and responsible societies by supporting diverse and inventive creative works, promoting broader access to culture, education, and its industries, and increasing awareness of 21st century challenges and opportunities.
[1] AMF Visa no. 22-106. The offer document is available at https://www.vivendi.com/en/opa-lagardere-documents/