PARIS--(BUSINESS WIRE)--Regulatory News:
Vincent Rebillard has today tendered his resignation from his position
as Mercialys’ (Paris:MERY) Chief Operating Officer. He will continue
developing his career within the Casino Group as Executive General
Manager of a business line.
The Board of Directors thanked him for
his outstanding contribution to the company's development.
As proposed by the Chairman and Chief Executive Officer, the Board of Directors has appointed Vincent Ravat as Chief Operating Officer with effect from today.
Vincent Ravat, 42, was Mercialys’ Executive Vice-President since January 2014. He previously held various responsibilities within the King Jouet group then Hammerson France.
* *
*
This press release is available on www.mercialys.com
About Mercialys
Mercialys is one of France's leading real
estate companies, focused exclusively on retail property. At June 30,
2016, Mercialys had a portfolio of 2,240 leases, representing a rental
value of Euro 176.8 million on an annualized basis.
At June 30,
2016, it owned properties with an estimated value of Euro 3.7 billion
(including transfer taxes). Mercialys has had “SIIC” real estate
investment trust (REIT) tax status since November 1, 2005 and has been
listed on Euronext Paris Compartment A (ticker: MERY) since its initial
public offering on October 12, 2005. At June 30, 2016, there were
92,049,169 shares outstanding.
IMPORTANT INFORMATION
This press release contains
certain forward-looking statements regarding future events, trends,
projects or targets.
These forward-looking statements are
subject to identified and unidentified risks and uncertainties that
could cause actual results to differ materially from the results
anticipated in the forward-looking statements. Please refer to the
Mercialys shelf registration document available at www.mercialys.com
for the year ended December 31, 2015 for more details regarding certain
factors, risks and uncertainties that could affect Mercialys' business.
Mercialys
makes no undertaking in any form to publish updates or adjustments to
these forward-looking statements, nor to report new information, new
future events or any other circumstances that might cause these
statements to be revised.
