from GL EVENTS (EPA:GLO)
Atream and Carac become shareholders of Polygone and GL events
ATREAM AND CARAC BECOME
SHAREHOLDERS OF POLYGONE AND GL EVENTS
GL EVENTS (FR0000066672, GLO), the integrated event solutions and services group, welcomes the investment fund ATREAM and CARAC, its main shareholder, as new shareholders of Polygone and GL events.
Atream and CARAC today become shareholders of Polygone and GL events by acquiring:
56,000 Polygone shares[1] from Le Grand Rey, representing 5.3% of the capital,
449,742 GL events shares from Polygone off-market, representing 1.5% of the share capital.
Following these acquisitions, the Confluence investment vehicle (managed by Atream on behalf of Atream and CARAC) will hold a seat on the Boards of Directors of Polygone and GL events.
Olivier Ginon and the companies he controls will not act in concert with Atream, and the main provisions of the shareholders' agreement to be concluded between Atream and Le Grand Rey will be disclosed in accordance with applicable regulations.
The completion of these transactions has no impact on Olivier Ginon's control over GL events.
Olivier Ginon, Chairman and CEO of GL events and Polygone, commented:
"We are delighted to welcome Atream and its shareholder, the CARAC Group, as a new long-term shareholder of GL events and Polygone. We thank them for their trust and commitment by joining us in this capacity. Their contribution and experience will be valuable assets in supporting sustainable growth and creating value for all shareholders. Finally, we would like to pay a special tribute to Pascal Savary, who led the discussions for Atream and who has sadly left us too soon. Pascal was a highly regarded professional, a visionary, a person of integrity and a genuinely kind individual and I greatly appreciated every moment I was able to spend with him.
Grégory Soppelsa, Chief Executive Officer of Atream, stated
"We are particularly enthusiastic about investing in a global leader respected for its expertise and long-term strategy, driven by its unique DNA as a family-owned business. This long-term investment is fully in line with Atream's strategy. More specifically, this transaction positions Atream in the MICE (Meetings, Incentives, Conferences, Exhibitions) sector, a key component of the tourism industry, thus complementing its leisure activities. This project was spearheaded by Pascal Savary and today we honour his memory.”
About GL events: The Group is a world-class provider of integrated solutions and services for events operating across the three main market segments: conventions, conferences, congresses; cultural, sports and political events; trade shows / B2B and B2C exhibitions and consumer fairs. GL events' activities are organised into three major business divisions. GL events Live provides a complete range of services for corporate, institutional and sports events, and offers turnkey solutions from consulting and design to staging the event itself. GL events Exhibitions manages and coordinates the Group's portfolio of more than 200 proprietary trade fairs covering a wide range of sectors: food industry, culture, textiles/fashion, manufacturing… GL events Venues manages a network of 60 venues (convention and exhibition centres, concert halls and multi-purpose facilities) in France and international destinations.
Present on five continents with operations in more than 20 countries, GL events has more than 6,000 employees. GL events is listed on Euronext Paris, Compartment B (mid-caps).
INVESTOR RELATIONS MEDIA RELATIONS
GL events FTI Consulting Sylvain Bechet Julien Durovray
Tel.: +33 (0)4 72 31 54 20 Tel: +33 (0)6 25 04 57 73 finance@communication.gl-events.com glevents@fticonsulting.com
ISIN FR0000066672 - BLOOMBERG GLO FP - REFINITIV GLTN.PA - FTSE 581 LEI 9695002PXZMQNBPY2P44
ABOUT ATREAM
Atream is an independent asset management firm specialised in real estate funds (OPCI, SCPI and FIA) with particular expertise in transforming the tourism sector. With a team of more than 50 experts in real estate investment and private equity, Atream identifies and develops both tailor-made solutions for institutional investors as well as collective financial investment solutions for private investors.
Atream joined the CARAC group at the end of September 2024.
MEDIA RELATIONS
Thomas de Climens & Armand Rigaudy Primatice Conseil
thomasdeclimens@primatice.com
armandrigaudy@primatice.com
ABOUT CARAC GROUP
The CARAC Group is comprised of:
CARAC, a mutual insurance company offering savings, retirement and personal protection solutions for people interested in approach that combines both performance and integrity in the management of their assets. CARAC’s network of experts throughout France advise and support individual investors over the long term, helping them to navigate the complexities of the world of finance.
Proud of its century-old history as a mutual insurance organisation, promoting values such as dedication, integrity, trust and solidarity, CARAC is committed to living up to the expectations of its members. Reflecting its mission of safeguarding
2/3
in governance.
Atream, a management company specializing in real estate assets and funds, joined the CARAC Group at the end of September 2024.
Selencia is a life insurance company that has been serving the market of independent financial advisors (IFAs) since 1903.
CARAC CONTACTS
Isabelle Genest
Director of Communications Tel: +33 (0)1 55 61 56 23 igenest@carac.fr
Véronique Wasa
Becoming Group
Tel: +33 (0)6 52 22 69 07 veronique.wasa@becoming-group.com
 |
3/3