[Holdco Press Release] Offer for iliad shares: Xavier Niel now owns more than 90% of iliad’s share capital and voting rights, triggering the possibility of launching a squeeze-out
29 September 2021 - 8:57PM
[Holdco Press Release] Offer for iliad shares: Xavier Niel now owns
more than 90% of iliad’s share capital and voting rights,
triggering the possibility of launching a squeeze-out
Press
release
Paris, September 29, 2021
Offer for iliad shares: Xavier Niel
now owns more than 90% of iliad’s share capital and voting rights,
triggering the possibility of launching a
squeeze-out
Based on the published results of the public
tender offer, Xavier Niel – iliad’s controlling shareholder –has
exceeded, through his holding company HoldCo II, the ownership
threshold of 90% of iliad’s share capital and voting rights (96.46%
of iliad's share capital). This means he can request for a
squeeze-out procedure to be launched, as referred to in his
intentions concerning the tender offer (see the Offer Document
approved by the AMF under visa no. 21-386 dated September 7,
2021).
The final results of the tender offer were
issued in a Notice published by the AMF on September 29, 2021
and the request to launch the squeeze-out procedure will be made in
the coming days.
Contact: presse@iliad.fr
www.iliad.fr/en