on TOUR EIFFEL (EPA:EIFF)
General Meeting of the Eiffel Tower Society: Approval of Key Resolutions
On December 16, 2024, the Extraordinary General Meeting of Société de la Tour Eiffel validated all the resolutions proposed by the Board of Directors. Among these, the delegation of authority to increase the share capital by issuing ordinary shares was particularly notable. This increase aims for a target amount of €600 million, while maintaining shareholders' preferential subscription rights.
Christel Zordan, CEO, underlines the strategic importance of this step. She mentions a strong commitment of the Company towards a transformation of its real estate assets, responding to current challenges in a constrained market context. This financial maneuver aims to consolidate the capacity to follow an ambitious roadmap.
Details of the decisions taken at this meeting are available on the company's website, with key meetings planned for 2025, including the announcement of annual and half-yearly results.
R. E.
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