Decision of the Aix-en-Provence Court of Appeal in Favour of FDJ in its Dispute with Soficoma
November 17 2022 - 12:45PM
Business Wire
Regulatory News:
In the context of the dispute pending before the Court of Appeal
of Aix-en-Provence between FDJ (Paris:FDJ) and Soficoma concerning
the share ownership of 3% of the Company’s share capital, the Court
of Appeal has, in a decision dated 17 November 2022, confirmed the
terms of the judgment of the Commercial Court of Marseille dated 23
May 2019 that found that Soficoma was required to sell its
5,730,000 shares to the Company for a price of 15,647,940 €, that
Soficoma had lost its status as a FDJ shareholder since 18th May
2017 and that FDJ was authorized to record in its records the
transfer by Soficoma of its 5,730,000 shares to the Company.
FDJ is analyzing the consequences of this very positive
decision.
Like any decision of the Court of Appeal, it can be appealed
before the Court of Cassation (Cour de cassation).
About La Française des Jeux (FDJ Group)
France’s national lottery and leading gaming operator, the #2
lottery in Europe and #4 worldwide, FDJ offers secure, enjoyable
and responsible gaming to the general public in the form of lottery
games (draws and instant games) and sports betting (ParionsSport),
available from physical outlets and online. FDJ’s performance is
driven by a portfolio of iconic and recent brands, the #1 local
sales network in France, a growing market, recurring investment and
a strategy of innovation to make its offering and distribution more
attractive with an enhanced gaming experience. FDJ Group is listed
on the Euronext Paris regulated market (Compartment A – FDJ.PA) and
is included in indices such as the SBF 120, Euronext 100, Euronext
Vigeo 20, EN EZ ESG L 80, STOXX Europe 600, MSCI Europe and FTSE
Euro.
For more information, www.groupefdj.com
@FDJ FDJ @FDJ_officiel @FDJ
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