The Board of Directors of Europcar Mobility Group (Paris:EUCAR) has recently received an expression of interest regarding a possible transaction on the company's share capital. After studying this proposal carefully, the Board of Directors of the Company has concluded that the price of €0.44 per share proposed does not reflect the Company's full value and value creation potential.
Further discussions may take place, which the Company does not intend to comment, unless required by law.
About Europcar Mobility Group
Europcar Mobility Group is a major player in mobility markets and listed on Euronext Paris. Europcar Mobility Group's purpose is to offer attractive alternatives to vehicle ownership, in a responsible and sustainable manner. With this in mind, the Group offers a wide range of car and van rental services be it for a few hours, a few days, a week, a month or more with a fleet that is already "C02 light" and equipped with the latest engines, and which will be increasingly "green" in the years to come (more than 1/3 electric and hybrid vehicles by 2023).
Customers' satisfaction is at the heart of the Group's ambition and that of its employees. It also fuels the ongoing development of new offerings in the Group's three service lines Professional, Leisure and Proximity which respond to the specific needs and use cases of both businesses and individuals. The Group's 4 major brands are: Europcar the European leader of car rental and light commercial vehicle rental, Goldcar the low-cost car-rental Leader in Europe, InterRent 'mid-tier' car rental and Ubeeqo one of the European leaders of round-trip car-sharing (BtoB, BtoC).
Europcar Mobility Group delivers its mobility solutions worldwide through an extensive network in over 140 countries (including wholly owned subsidiaries 18 in Europe, 1 in the USA, 2 in Australia and New Zealand completed by franchises and partners).
Further details on our website: www.europcar-mobility-group.com
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