Vivendi: Great Success of Its Public Tender Offer on Société d’Edition de Canal Plus
August 17 2015 - 10:51AM
Business Wire
Regulatory News:
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Vivendi (Paris:VIV) announces the highly successful outcome of
its public tender offer for shares of Société d’Edition de Canal
Plus (SECP), announced on May 12, 2015. The results of this offer
were published today by the Autorité des Marches Financiers (AMF),
the French securities regulator.
A total of 57,220,114 SECP shares, representing 45.2% of the
share capital and voting rights of the company, were validly
tendered in the offer, which took place from July 9, 2015 to August
12, 2015. Taking into account the 48.5% indirect control already
held by Vivendi through its wholly-owned subsidiary, Canal+ Group,
Vivendi now controls 93.6% of SECP.
Pursuant to Article 232-4 of the AMF General Regulations, the
public tender offer will be reopened for a period of at least ten
stock market days. The offer price will remain the same (8 euros
per share) and the specific dates will be published shortly by the
AMF. This reopening will offer shareholders who have not yet
tendered their shares an opportunity to do so at this time.
About Vivendi
Vivendi is an integrated media and content group. The company
operates businesses throughout the media value chain, from talent
discovery to the creation, production and distribution of content.
The main subsidiaries of Vivendi comprise Canal+ Group and
Universal Music Group. Canal+ is the leading pay-TV operator in
France, and also serves markets in Africa, Poland and Vietnam.
Canal+ operations include Studiocanal, a leading European player in
production, sales and distribution of film and TV series. Universal
Music Group is the world leader in recorded music, music publishing
and merchandising, with more than 50 labels covering all genres. A
separate division, Vivendi Village, brings together Vivendi
Ticketing (ticketing in the UK, France and the U.S.), MyBestPro
(experts counseling), Watchever (subscription video-on-demand) and
the Paris-based concert venue L’Olympia. With over 2.5 billion
videos viewed each month, Dailymotion is one of the biggest
aggregation and distribution platforms in the world.
www.vivendi.com, www.cultureswithvivendi.com,
www.themediashaker.com
Important Disclaimer
This press release does not constitute an offer and should not
be construed as constituting any form of solicitation for the
purchase or sale of securities in the United States or any other
country. This press release is not for distribution in countries
other than France. The distribution of this press release, the
offer and the acceptance of the offer may be, in certain countries,
subject to special regulations. Consequently, persons in possession
of this press release are required to ascertain the local
restrictions which may apply, and to comply with them. Vivendi
disclaims any liability for any violation of such restrictions by
any person.
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