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(CercleFinance.com) – Altarea announces the conclusion by AltaGroupe, controlled by the family group of its founding president Alain Taravella, of a transfer mandate covering a volume of 150,000 shares, with no deadline target.
The securities sold correspond to 0.69% of the capital and voting rights of the real estate group. At the end of this operation, the holding of Altarea shares by Alain Taravella’s family group would amount to 45.32% of the capital and voting rights.
This operation should improve Altarea’s free float and the liquidity of the stock. AltaGroupe clarified that this sale in no way calls into question its ongoing, long-term commitment to the group.
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