TREVISO, Italy--(BUSINESS WIRE)--Edizione S.r.l announces that it has taken the decision not to tender the 708,000 shares and 107,546 OCEANE its holds to the public tender offer made by Gaillon Invest for the Club Méditerranée securities and has conformingly advised Gaillon Invest, Club Méditerranée and the AMF on May 15, 2014.
Edizione S.r.l observes that the market price of such securities is now significantly higher than the price offered by Gallion Invest so that the motivations that led Edizione to express the intention to tender its securities in Club Mediterranée to the Gaillon Invest Offer no longer exist.
Edizione S.r.l states that its intention to tender its shares and OCEANE was made public by Gaillon Invest in section 1.3.5 of the “Note d’Information” with the AMF visa n°13-362 and by Club Méditerranée in section 2.5 on the “Note d’Information en Réponse” with the AMF visa n°13-363.
Edizione S.r.l also announces that it is not acting in concert with a third party regarding Club Méditerranée and that it is not engaged in any discussions with anyone in view of a sale of its securities in Club Méditerranée or in view of entering into a contract vis-à-vis Club Méditerranée or its shareholders.
Calmaggiore n. 23
Corso di Porta Vittoria n. 16
Tel. +39 0422.5995
Fax +39 0422.412176
Codice Fiscale, Partita IVA
e R.I. di Treviso 00778570267
R.E.A. CCIAA Treviso 148942
Cap. Soc. Euro 1.500.000.000,00 i.v.