Elia, Publi-T and GDF SUEZ make an agreement on the modalities for the stepping out of the capital of Elia of Electrabel S.A, GDF Suez

Release Date: 2010-03-31

On March 30, Elia, Publi-T and GDF SUEZ have negotiated the modalities for stepping out of the capital of Elia of Electrabel S.A.
In this context, Electrabel sells to Publi-T 12.5 % of the shares of Elia, i.e. 6 035 522 shares, at the price of € 26.5 per share, for a total amount of € 159 941 330, which brings the stake of Publi-T in Elia to 45.37 %.

Electrabel confirms its intention to sell the remaining stake of 11.85 % in Elia. This operation will take place before, during or after the capital increase planned by Elia. The agreement will be proposed for approval to the Board of Directors of Publi-T on 31 March.

Details of the agreement will be finalised in the near future so that the boards of the parties can ratify it in the coming weeks and the offering can be organised before June 30.
Type: NORMAL
Company: GDF Suez
Country: 法国
 
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