Brief: Solocal Group announces favourable decision of Court of Appeal of Versailles

Solocal SE

10/03/2017 06:34

March 10 (Reuters) - Solocal Group SA  LOCAL.PA : 
    * Requested from Euronext Paris that the trading of its 
shares (local FR0012938884) resumes from the opening of the 
Paris stock exchange on Friday March 10, 2017 
    * Says proceedings initiated by Benjamin Jayet for obtaining 
a decision on merits of annulment of certain decisions taken at 
December 15 AGM recalled in press release of March 8 are still 
ongoing 
    * Court of Appeal of Versailles by a decision rendered on 
March 9, 2017, upheld the order of the President of The 
Commercial Court of Nanterre of January 13, 2017 
    * Says settlement and delivery of rights issue and 
allocation of free shares and settlement of securities subscribe 
by  creditors to occur on March 13 
    * Says total shares subscribed by creditors pursuant to 
share capital increase without preferential subscription rights 
for an amount of 363.2 million euros ($384.6 million)including 
issue premium 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nBw6NnfXza 
Further company coverage:  LOCAL.PA  
 
($1 = 0.9444 euros) 
 
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