On 4 April 2014, Casino acquired 8,907,123 preferred shares of GPA after exercising a call option that was purchased in July 2012 from a financial institution and exercisable any time before 30 June 2014.
After completion of this deal, Casino’s share of interest in GPA’s equity increases from 38% to 41.4%, without any evolution in the total economic exposure of 46.5% (which takes into account the other derivative instruments).
This deal will be accretive on Group’s adjusted eps from 2014.
ANALYSTS AND INVESTORS CONTACTS
Régine GAGGIOLI – Tél : +33 (0)1 53 65 64 17
rgaggioli@groupe-casino.fr
or
IR_Casino@groupe-casino.fr
+33 (0)1 53 65 64 18
PRESS CONTACT
Aziza BOUSTER
Tél : +33 (0)1 53 65 24 78
Mob : +33 (0)6 08 54 28 75
abouster@groupe-casino.fr
