Covivio Hotels: Simplified public exchange offer

Covivio Hotels is proposing a simplified public exchange offer, approved by the AMF on May 30, 2024. The Covivio Hotels share will be exchanged for Covivio shares to be issued on the basis of 31 Covivio shares for 100 Covivio Hotels shares tendered.

The offer covers all existing shares of Covivio Hotels not held by Covivio, i.e. a maximum of 70,841,464 shares, representing 47.82% of the capital and voting rights. The initiator already holds 52.17% of the company's capital.

Shareholders on the supervisory board will not tender their shares to the offer. No other title or financial right exists. The offer complies with the provisions of articles 233-1 et seq. of the AMF general regulations and will be open for a period of 15 days.

This information can be consulted on the AMF and Covivio Hotels websites.