"10 years of accelerating transformation"
Regulatory News:
The Eurazeo (Paris:RF) Shareholders' Meeting was held Friday, May 11, 2012 in Paris. Shareholders present or represented approved all proposed resolutions.
During the meeting, Chairman of the Executive Board Patrick Sayer said that Eurazeo, an accelerator of transformation in the companies in which it invests, had itself changed significantly over its 130 years of existence, particularly during the past 10 years since Eurazeo had defined its strategy to be one of the leading listed investment companies in Europe.
Michel David-Weill, Chairman of the Supervisory Board, and Patrick Sayer said that in the 10 years of global change and the turbulent economic situation of 2011, Eurazeo had made the right choices in remaining true to its investment principles while evolving its business model. Patrick Sayer said that growth had been an important factor in the decision to invest in the four companies acquired this year: growth in the luxury segment (Moncler); the inherent growth of SMEs (OFI Private Equity, which became Eurazeo PME); innovation-led growth (3S Photonics); growth through optimization (Foncia). Eurazeo also has enhanced the growth potential of each of its existing portfolio companies, whose average growth has been significantly higher than that of the euro zone.
CFO Philippe Audouin, presented the Fiscal 2011 results, noting the increasing contribution from companies' operating performance, which quadrupled in 2011.
Patrick Sayer reaffirmed Eurazeo's role as a professional, long-term shareholder and underlined its useful economic importance in the current context. He reiterated the 2015 objective of € 100 NAV per share.
This confidence was reflected in the proposed dividend of 1.20 euro per share, which was approved by shareholders. The ex-dividend will be May 16, 2012 with a payment date of May 21, 2012. In addition, shareholders will receive one Eurazeo bonus share for every 20 shares held.
Shareholders also approved the appointment of Victoire de Margerie, the co-optation of Michel Mathieu and the reappointment of Richard Goblet d'Alviella, Roland du Luart and Georges Pauget, as members of the Supervisory Board.
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About Eurazeo
With a diversified portfolio of nearly 4 billion euros in assets, Eurazeo is one of the leading listed investment companies in Europe. Its mission is to identify, accelerate and enhance the transformation potential of companies in which it invests. Its solid family shareholder base, its lack of debt and its flexible investment horizon enable Eurazeo to support its companies over the long term. Eurazeo is the majority or leading shareholder in Accor, ANF Immobilier, APCOA, Edenred, Elis, Europcar, Foncia, Moncler and Rexel.
Eurazeo's shares are listed on the Paris Euronext Eurolist.
ISIN: FR0000121121 - Bloomberg: RF FP - Reuters: EURA.PA
| Â | Â | Â | Â | Â |
| Eurazeo financial calendar | Â | August 29, 2012 | Â | 1st Half 2012 revenues and results |
| Â | November 9, 2012 | Â | 3rd Quarter 2012 revenues |
For more information, please visit Eurazeo's Internet site: www.eurazeo.com
Contacts:
Eurazeo
Investor Relations:
Sandra Cadiou, +33 (0)1 44
15 80 26
scadiou@eurazeo.com
or
Press:
Eurazeo
– Euro RSCG C&O
Charles Fleming, +33 (0)1 58 47 94 40 - +33
(0)6 14 45 05 22
charles.fleming@eurorscg.fr
