Brief: Pierre & Vacances To Request The Opening Of An Amicable Conciliation Procedure

Pierre Et Vacances SA

29/01/2021 08:16

Jan 29 (Reuters) - Pierre et Vacances SA  PVAC.PA :
    * PIERRE & VACANCES-CENTER PARCS GROUP INFORMATION
    * TO REQUEST OPENING OF AN AMICABLE CONCILIATION PROCEDURE
    * ON JANUARY 28TH 2021, GROUP'S BOARD OF DIRECTORS HAS
DECIDED TO
REQUEST OPENING OF AN AMICABLE CONCILIATION PROCEDURE.
    * TO CONDUCT AMICABLE DISCUSSIONS WITH GROUP'S MAIN
STAKEHOLDERS
UNDER AEGIS OF CONCILIATOR
    * REVIEW OF MEASURES TO STRENGTHEN GROUP'S EQUITY CAPITAL IS
CONTINUING
    * GROUP IS CONVINCED THAT IT IS THUS TAKING APPROPRIATE
MEASURES
TO DEAL WITH THIS UNPRECEDENTED HEALTH CRISIS
    * REITERATES ITS CONFIDENCE IN ITS ABILITY TO BOUNCE BACK AS
SOON
AS ITS SITES REOPEN DUE TO ATTRACTIVENESS OF ITS TOURISTIC
OFFERS.

Source text for Eikon:  ID:nBw4bY93Ja 
Further company coverage:  PVAC.PA 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))