(CercleFinance.com) – Orpea announced Friday evening that it was going to summon its creditors and shareholders for the approval of its accelerated safeguard plan.
This vote for each of the classes of parties concerned, shareholders and creditors, will be held on June 16, face-to-face or remotely, with a single resolution, namely the implementation of the accelerated safeguard plan to which the group is subject.
This procedure was extended last week for an additional two months, until July 24, by a judgment of the Commercial Court of Nanterre.
This announcement comes as the minority shareholders of the operator of retirement homes had previously announced their intention to take legal action in order to obtain the convening of a general meeting.
In a press release published Friday evening, the association of individual shareholders Adamo denounces in particular the decision of the AMF to have granted Caisse des dépôts and its partners an exemption from the obligation to file a takeover bid on the group.
Following this financial restructuring, the CDC, CNP Assurances, MAIF and
MACSF, will be required to hold approximately 50.2% of the capital, while existing shareholders will be required to hold 0.4%, or even 0.04%, of the capital.
On the Paris Stock Exchange, the Orpea share yielded 4.7% on Monday morning in the first exchanges, which brings to more than 64% its decline since the beginning of the year.