Eiffage strengthens its position in Getlink capital and crosses the threshold of 25% of the capital

Eiffage entered today into an agreement to purchase 39,106,453 shares (7.11% of the capital[1]) of Getlink SE ("Getlink"). Following settlement of this block of shares, Eiffage will hold 27.66% of the capital and 29.90% of Getlink’s voting rights.

Eiffage thus consolidates its position as Getlink's largest shareholder by crossing the thresholds of 25% of the capital. Eiffage confirms its intention to be a long-term investor in Getlink and supports its strategy. 

Shareholder since 2018, Eiffage intends to increase its stake depending on market conditions but does not intend to make a public offer for the remaining shares.

This investment of 692 million euros (17,70 euros per share) has been financed by Eiffage from its cash available and is not subject to any conditions.

If Eiffage were to sell shares or acquire new ones for a higher price within 18 months of the block acquisition, the price difference per share paid for the block, adjusted for dividends, would be paid to the seller.

Read the press release

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