Peugeot Invest: reduction in Spie's capital

(CercleFinance.com) - Peugeot Invest has announced the sale of 4.
25 million Spie shares, representing around 2.5% of the company's capital at the end of 2024, as part of an accelerated placement with qualified investors through the construction of an order book.

This partial disposal is in line with the active management of Peugeot Invest's investment portfolio, which will retain significant exposure in order to benefit from Spie's prospects, and has undertaken not to dispose of any shares for 180 days.

Following the transaction, Peugeot Invest would retain approximately 2.5% of the share capital and 4.6% of the voting rights, and would no longer sit on Spie's Board of Directors. The final terms of the offering will be announced after the order book closes. Settlement and delivery of the shares is scheduled for March 20.

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