Casino: financial restructuring and listing suspended

(CercleFinance.com) - As part of its financial restructuring, Casino
announces several capital increases, reserved for secured creditors, bondholders, holders of TSSDIs and the SPV consortium.


The capital increase is associated with the issue of 2,275,702,822 warrants at an exercise price of one euro cent (E0.01), the issue of 2,111,688,559 ordinary share warrants at an initial exercise price of E0.0461, and the issue of 542,299,330 share warrants at an exercise price of E0.0000922 each.

Note that the Reserved Capital Increases and the BSA issues are part of Casino's accelerated sauvegarde plan approved by the Paris Commercial Court on 26 February 2024.

In this context, the listing of Casino shares will be suspended on 27 March and is expected to resume on 28 March on the market's opening (subject to successful completion of the financial restructuring).


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