Brief: Bpifrance Aims To Hold At Least 8% Of Quadient's Capital

Quadient

27/07/2023 06:54

July 27 (Reuters) - Quadient SA  QDT.PA :
    * BPIFRANCE PLANS TO CONTINUE PURCHASING QUADIENT SHARES,
DEPENDING ON MARKET CONDITIONS, WITH AIM OF HOLDING AT LEAST 8%
COMPANY'S CAPITAL.
    * IF THIS 8% THRESHOLD IS REACHED, BPIFRANCE WILL PROPOSE
APPOINTMENT OF BPIFRANCE INVESTISSEMENT AS AN INDEPENDENT
DIRECTOR AT NEXT ANNUAL GENERAL MEETING,
    * BPIFRANCE UNDERTAKES TO SUPPORT QUADIENT'S OVERALL
STRATEGY
    * BPIFRANCE AGREED TO HOLD ON TO ITS QUADIENT SHARES FOR A
PERIOD
OF THREE YEARS, AND TO PURCHASE OR SUBSCRIBE FOR QUADIENT SHARES
ONLY UP TO LIMIT OF 15% OF QUADIENT'S SHARE CAPITAL

Source text for Eikon:  ID:nGNE9lckLy 
Further company coverage:  QDT.PA 

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