from EIFFAGE (EPA:FGR)
Eiffage strengthens its position in Getlink and crosses the threshold of 20% of the capital
Vélizy-Villacoublay, 25 October 2023
18:45
Press release
Eiffage strengthens its position in Getlink and crosses the threshold of 20% of the capital
Eiffage entered today into an agreement to purchase 9,696,452 shares (1.76% of the capital[1]) of Getlink SE ("Getlink"). Following settlement of this block of shares, Eiffage will hold 20.55% of Getlink's capital and 20.72% of its voting rights.
Eiffage thus consolidates its position as Getlink's largest shareholder by crossing the thresholds of 20% of the capital and voting rights. Eiffage confirms its intention to be a long-term investor in Getlink and supports its strategy.
Eiffage plans to increase its stake depending on market conditions but does not intend to make a public offer for the remaining shares.
This investment of 143.5 million euros (14.80 euros per share) has been financed by Eiffage from its available cash and is not subject to any conditions.
Investor contact | Press contact |
Xavier Ombrédanne | Sophie Mairé |
Tel: + 33 (0)1 71 59 10 56 | Tel: + 33 (0)1 71 59 10 62 |
Email: xavier.ombredanne@eiffage.com | Email: sophie.maire@eiffage.com |
[1] On the basis of 550,000,000 shares and 680,120,115 voting rights as published by Getlink Octobre 12, 2023