Brief: Pierre Et Vacances To Amend Lease Agreement, Set Up Fiducie-Surete

Pierre Et Vacances SA

08/09/2021 17:42

Sept 8 (Reuters) - PIERRE ET VACANCES SA  PVAC.PA :
    * GOOD PERFORMANCE IN THE MIDDLE OF THE SUMMER, ENABLING THE
GROUP
TO IMPROVE ITS PROPOSAL FOR AN AMENDMENT TO THE LEASE AGREEMENT
ENTERED INTO WITH INDIVIDUAL LESSORS FROM JULY 1ST, 2021
    * IMPLEMENTATION OF A FIDUCIE-SÛRETÉ FOR THE CENTER PARCS
DIVISION, IN ACCORDANCE WITH THE TERMS OF THE NEW FINANCING
AGREEMENT
    * CONFIRMS THAT FIDUCIE-SÛRETÉ WILL BE SET UP IN NEXT FEW
DAYS
    * ON SEPTEMBER 7TH, 2021, AMF ISSUED, AT REQUEST OF SITI
S.A,
GROUP'S MAJORITY SHAREHOLDER, A DECISION NOT TO FILE A PUBLIC
BUYOUT OFFER

Source text for Eikon:  ID:nNDL4HCsY8 
Further company coverage:  PVAC.PA 

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