Engie: the French State now owns more than a third of the voting rights

PARIS (Agefi-Dow Jones)–The Agence des participations de l’Etat (APE), acting for the French State, has crossed the threshold of one third of the voting rights of the energy producer Engie, according to a notice published Thursday by the Financial Markets Authority (AMF).

As of April 7, 2022, the APE held 23.6% of the capital and 33.71% of the voting rights of Engie. This threshold crossing results from an allocation of 23,888,889 double voting rights, according to the AMF.

If the French state still holds more than 33% of Engie’s voting rights at its next general meeting, it will have a blocking minority for resolutions that require a two-thirds majority.

On the Paris Bourse, the Engie share fell by 0.8%, to 11.66 euros.

-Dimitri Delmond, Agefi-Dow Jones; +33 (0)1 41 27 47 31; [email protected] ed: VLV

Agefi-Dow Jones The financial newswire

Dow Jones Newswires

April 07, 2022 10:04 ET (14:04 GMT)

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