Bollore SE plans to buy back up to 9.78% of its capital

Compagnie De lodet SE

14/03/2023 17:15

PARIS, March 14 (Reuters) - Bollore SE  BOLL.PA , the
family-owned conglomerate of French billionaire Vincent Bollore,
said on Tuesday it planned to launch a simplified cash tender
offer for up to 9.78% of its share capital.
    Under the plan, Bollore SE would offer 5.75 euros per share
to buy a maximum of 288,607,076 Bollore SE shares, the company
said in a statement. 
    Should such limit be exceeded, orders would be prorated
based on the total number of shares tendered to the offer, the
statement said.
     Bollore's listed holding Compagnie de l’Odet, which owns
66.83% of the share capital and 76.72% of the voting rights of
Bollore SE, has said that it does not plan to participate in the
offer.
    
    
     

 (Reporting by Dominique Vidalon;
Editing by Mathieu Rosemain)
 ((dominique.vidalon@thomsonreuters.com; +33149495432; Reuters
Messaging: dominique.vidalon.reuters.com@reuters.net))