BRIEF

on SOCIETE GENERALE (EPA:GLE)

Threshold crossing and declaration of intent by SOCIETE GENERALE

Stock price chart of SOCIETE GENERALE (EPA:GLE) showing fluctuations.

On August 1, 2024, SG 29 Haussmann declared that it had crossed upwards the threshold of 15% of SOCIETE GENERALE's voting rights. This event took place on July 26, 2024. On that date, SG 29 Haussmann held 77,720,004 shares representing 134,800,863 voting rights, which corresponds to 9.57% of the capital and 15.01% of the voting rights of SOCIETE GENERALE. This crossing results from a subscription to a capital increase of the company.

In the same statement, SG 29 Haussmann specified that this acquisition is part of the normal framework of its portfolio management activity, with no intention of implementing a particular strategy or exerting influence on the management of SOCIETE GENERALE. The company also stated that it is not acting in concert with a third party and does not intend to take control of SOCIETE GENERALE or to request the appointment of directors or members of the supervisory board.

R. E.

Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all SOCIETE GENERALE news