JCDecaux SE confirms evaluating the opportunity to sell its stake in APG|SGA
February 27 2024 - 1:30AM
JCDecaux SE confirms evaluating the opportunity to sell its stake
in APG|SGA
JCDecaux SE
confirms evaluating the opportunity to sell its stake in
APG|SGA
Paris, February
27th, 2024 - JCDecaux SE
(Euronext Paris: DEC), the number one outdoor advertising company
worldwide, confirms that it has entered into an agreement with
Pargesa Asset Management S.A., to evaluate an intended coordinated
disposal of their stakes in APG|SGA of 30% and 25.3% respectively,
following the announcement today of APG|SGA that its Board of
Directors has decided to initiate a process which aims at finding a
potential acquirer for the entire company.
In case a third party makes an attractive offer,
JCDecaux SE will consider selling its shares in light of its
capital allocation plans into other growth opportunities around the
world. For the avoidance of any doubt, JCDecaux SE has no intention
of increasing its stake in the APG|SGA as indicated on several
occasions in the past.
The shares of APG|SGA are listed on the SIX
Swiss Exchange.
Key Figures for JCDecaux
- 2023 revenue: €3,570.0m(a)
- N°1 Out-of-Home Media company
worldwide
- A daily audience of more than 850
million people in more than 80 countries
- 1,040,132 advertising panels
worldwide
- Present in 3,573 cities with more
than 10,000 inhabitants
- 11,200 employees
- JCDecaux is listed on the Eurolist
of Euronext Paris and is part of the Euronext 100 and Euronext
Family Business indexes
- JCDecaux is recognised for its
extra-financial performance in the FTSE4Good (3.4/5), CDP (A), MSCI
(AA), Sustainalytics (13.5), and has achieved Gold Medal status
from EcoVadis
- 1st Out-of-Home Media company to
join the RE100
- Leader in self-service bike rental
scheme: pioneer in eco-friendly mobility
- N°1 worldwide in street furniture
(604,536 advertising panels)
- N°1 worldwide in transport
advertising with 153 airports and 205 contracts in metros, buses,
trains and tramways (333,620 advertising panels)
- N°1 in Europe for billboards
(101,976 advertising panels worldwide)
- N°1 in outdoor advertising in
Europe (654,957 advertising panels)
- N°1 in outdoor advertising in
Asia-Pacific (170,973 advertising panels)
- N°1 in outdoor advertising in Latin
America (129,305 advertising panels)
- N°1 in outdoor advertising in
Africa (24,198 advertising panels)
- N°1 in outdoor advertising in the
Middle East (19,371 advertising panels)
(a) Adjusted revenue
For more information about JCDecaux, please
visit jcdecaux.com. Join us on Twitter, LinkedIn, Facebook,
Instagram and YouTube.
Communications
Department: Albert Asséraf+33 (0) 1 30 79
35 68 – albert.asseraf@jcdecaux.com
Investor
Relations: Rémi Grisard+33 (0) 1 30 79 79
93 – remi.grisard@jcdecaux.com
- 27-02-2024 # CP_JCDecaux_EN
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