Simplification of the corporate structure of the Casino group
Paris, 15e June 2022,
The Casino group plans to simplify its corporate structure and increase its clarity by combining all of its food distribution entities in France (mainly Franprix, Monoprix, Distribution Casino France, Easydis and AMC) within a holding company unique, 100% owned by Casino, Guichard -Perrachon.
The Group’s financial reporting segments and management structure would not change.
The employee representative bodies concerned will be informed and consulted in accordance with the applicable legal provisions. This corporate simplification is expected to be completed before the end of 2022.
This press release and the information contained herein do not constitute an offer to repurchase the Bonds or an invitation to sell the Bonds or an invitation to participate in any such tender offer in or from any country in or from which, or from or to any person to whom such invitation is prohibited by applicable laws and regulations. The distribution of this press release in certain countries may be restricted by law and/or be subject to specific regulations. Persons in possession of this document are responsible for informing themselves of and complying with all applicable legal and regulatory restrictions.
ANALYSTS AND INVESTORS CONTACTS
Lionel BENCHIMOL – +33 (0)1 53 65 64 17
+33 (0)1 53 65 24 17
Casino Group – Communications Department
Stephanie Abadie: email@example.com – +33 (0)6 26 27 37 05
+33(0)1 53 65 24 78 – firstname.lastname@example.org
IMAGE 7 Agency
Karine Allouis: +33(0)1 53 70 74 84 – email@example.com
Franck Pasquier: +33 (0)6 73 62 57 99 – firstname.lastname@example.org
15.06.2022 – PR – Simplification of the social structure of the Casino group