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APG|SGA's main shareholders JCDecaux and Pargesa Asset Management have entered into an agreement regarding a potential coordinated sale of their stakes in the Company

[Ad hoc announcement pursuant to Art. 53 LR]

February 27, 2024

On February 26, 2024, the Company was notified by its two main shareholders, JCDecaux SE and Pargesa Asset Management S.A., that the two companies had entered into an agreement with a view to a potential coordinated disposal of their stakes in APG|SGA. The two entities hold about 55% of APG|SGA's share capital and voting rights.
 

In this context, APG|SGA’s Board of Directors has decided to initiate a process which aims at finding a potential acquirer for the entire Company. The Board will make sure that this process will take into account the interests of the Company's various stakeholders. 

The initiated process may or may not lead to a transaction involving the Company and/or to a disposal of the shares the two main shareholders currently hold. 

Goldman Sachs International has been appointed to serve as financial advisor to APG|SGA. 

APG|SGA will make further announcements only if and when appropriate.
 

Contact

Nadja Mühlemann
Head of PR / press office

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