(CercleFinance.com) – The investment company IDSud announces its intention to initiate a proposed public buyback offer (OPRA) targeting its own shares listed on Euronext Growth Paris, an operation which will constitute a liquidity opportunity for shareholders ‘.
The OPRA would be remunerated in ordinary Française des Jeux (FDJ) shares, at the rate of five FDJ shares for one IDSud share. The company holds 2,797,064 FDJ shares, or 1.46% of the shares making up the capital of La Française des Jeux.
The OPRA would be filed with the AMF in the second quarter of 2024, subject to the adoption of the necessary resolutions for a capital reduction by the extraordinary general meeting (EGM) which should meet before April 30.
IDSud has also been informed that Indivision Luciani plans to initiate, subject to the completion of the OPRA, a simplified public purchase offer (OPAS) targeting the balance of the shares that it would not hold after the reduction of capital envisaged.