Eiffage undertakes to purchase 2.1 % of its capital from Bpifrance
Bpifrance announces today the launch of a disposal of 4.75 million Eiffage shares, representing 5% of Eiffage share capital. Eiffage wishes to accompany this transaction within the framework of the authorization granted by its shareholders during the shareholders’ meeting held on April 15, 2015.
As part of this authorization, concomitantly with the placement and subject to its completion, Eiffage undertakes to purchase 2 million shares, representing 2.1% of Eiffage share capital, at the placement price.
Bpifrance, who has been a shareholder of Eifffage since 2006, will own post transaction c13.8% of Eiffage capital, thus reaffirming its position as second reference shareholder of Eiffage after the employees. This transaction which improves the liquidity of the shares does not result in a change in the representation of Bpifrance at the Board of Directors of Eiffage.