Vivendi takes note of the Paris Court of Appeal’s decision today which annuls the AMF (French stock market authority) Decision published on November 13, 2024.
Vivendi recalls that the Group’s split, submitted to the December 9, 2024, Shareholders’ Meeting acting by a qualify majority of two-thirds of the shareholders present and represented, was overwhelmingly approved by more than 97.5 % of its shareholders. If the Shareholders’ Meeting had been held without the Bolloré group, the three resolutions relating to the split project would still have received 95.7% approval with a recalculated quorum of 40.91%, demonstrating the strong support from all the shareholders.
Vivendi remains confident in the split’s ability to create long term value for all stakeholders as well as in the operational and stock market development of the four entities involved.
About Vivendi
Since its creation, Vivendi has established itself as a player in content, media and entertainment, developing a portfolio of both listed and unlisted assets, each a leader in its market. Vivendi owns 100% of Gameloft, a world-renowned video game publisher that successfully develops multi-platform games for consoles, PCs, and mobile devices. Vivendi’s asset portfolio includes minority stakes in leading publicly traded companies: Universal Music Group and Banijay Group in content and entertainment, and MediaForEurope and Prisa in media and telecommunications. In addition, Vivendi owns a stake in the publishing and travel retail sector with Lagardère and a stake in telecoms with TIM and Telefonica. Leveraging its strategic and economic expertise, Vivendi anticipates global dynamics and participates in the transformations of the sectors in which the group operates, notably the digital revolution and new consumer uses of content. Vivendi supports value-creating companies, offering sustainable prospects and a positive contribution to the evolution of our society. Guided by a long-term vision and a constant drive for innovation, the group relies on experienced teams to identify and support sustainable growth projects. Corporate Social Responsibility (CSR), a commitment made in 2003, is at the heart of Vivendi’s strategy and shapes each of its decisions. www.vivendi.com