PARIS–(BUSINESS WIRE)–Regulatory Information:
Europcar Mobility Group (Paris:EUCAR) (the « Firm ») and SELARL FHB, represented by Maître Hélène Bourbouloux, in its capability as judicial administrator appointed as such by a ruling of the business courtroom of Paris dated December 14, 2020 (the « Judicial Administrator »), herein announce that, in the middle of the conferences held on January 7, 2021 and convened by the Judicial Administrator, the monetary lenders’ committee and the bondholders’ common assembly authorized, by the requisite majorities, the draft accelerated monetary safeguard plan.
It is a vital milestone for the Firm, and the subsequent key milestone would be the shareholders’ assembly which might be held on January 20, 2021 at 3pm, exceptionally in closed session, given the sanitary state of affairs. A optimistic shareholder vote in favor of all of the resolutions at this assembly is required for the implementation of the accelerated monetary safeguard plan and for the continuity of actions, thus opening a brand new chapter to the Firm’s growth with the execution of the ‘Join’ strategic roadmap.
This announcement has been ready by Europcar Mobility Group completely for info functions. It doesn’t represent or embody any recommendation or advice by Europcar Mobility Group (or another particular person) relating to the securities of Europcar Mobility Group or EC Finance plc or as to the deserves of any transaction or the making of any funding choice. It doesn’t represent or embody any affirmation or dedication by Europcar Mobility Group (or another particular person) relating to the current or future worth of the enterprise of Europcar Mobility Group, its securities, its associates or any of Europcar Mobility Group’s or their property.
This announcement is just not a suggestion to promote or a solicitation of a suggestion to purchase or alternate or purchase securities in america or in another jurisdiction. The securities referenced on this announcement will not be provided, bought, exchanged or delivered in america absent registration or an relevant exemption from the registration requirement underneath the U.S. Securities Act of 1933, as amended. The securities talked about on this announcement should not, and won’t be, registered in america. This announcement is just not directed at, or supposed for distribution, publication, availability to or use by, any particular person or entity that could be a citizen or resident or situated in any locality, state, nation or different jurisdiction, the place such distribution, publication, availability or use could be opposite to regulation or regulation, or which might require any registration or licensing inside such jurisdiction.
This press launch contains forward-looking statements based mostly on present beliefs and expectations about future occasions. Such forward-looking statements might embody projections and estimates and their underlying assumptions, statements relating to plans, aims, intentions and/or expectations with respect to future monetary outcomes, occasions, operations and companies and product growth, in addition to statements, relating to efficiency or occasions. Ahead-looking statements are usually recognized by the phrases “expects”, “anticipates”, “believes”, “intends”, “estimates”, “plans”, “initiatives”, “might”, “would”, “ought to” or the damaging of those phrases and comparable expressions. Ahead wanting statements should not ensures of future efficiency and are topic to inherent dangers, uncertainties and assumptions about Europcar Mobility Group and its subsidiaries and investments, traits of their enterprise, future capital expenditures and acquisitions, developments in respect of contingent liabilities, modifications in financial situations globally or in Europcar Mobility Group’s principal markets, aggressive situations out there and regulatory components. These occasions are unsure; their consequence might differ from present expectations which can in flip materially have an effect on anticipated outcomes. Precise outcomes might differ materially from these projected or implied in these forward-looking statements. Any forward-looking assertion contained on this press launch is made as of the date of this press launch. Apart from as required by relevant regulation, Europcar Mobility Group doesn’t undertake to revise or replace any forward-looking statements in gentle of latest info or future occasions. The outcomes and the Group’s efficiency may be affected by numerous dangers and uncertainties, together with with out limitation, dangers recognized within the “Danger components” of the Annual Registration Doc registered by the Autorité des marchés financiers on Might 6, 2020 and in addition obtainable on the Group’s web site.
About Europcar Mobility Group
Europcar Mobility Group is a significant participant in mobility markets and listed on Euronext Paris. The mission of Europcar Mobility Group is to be the popular “Mobility Service Firm” by providing engaging alternate options to automobile possession, with a variety of mobility-related companies and options: automotive rental and lightweight business automobile rental, chauffeur companies, car-sharing and personal rent automobile (PHV – rental to “Uber like” chauffeurs).
Prospects’ satisfaction is on the coronary heart of the Group’s mission and all of its staff and this dedication fuels the continual growth of latest companies.
Europcar Mobility Group operates by means of a diversified portfolio of manufacturers assembly each buyer particular wants and use instances, be it for 1 hour, 1 day, 1 week or longer ; its four main manufacturers being: Europcar® – the European chief of automotive rental and lightweight business automobile rental, Goldcar® – the low-cost car-rental Chief in Europe, InterRent® – ‘mid-tier’ automotive rental and Ubeeqo® – one of many European leaders of round-trip car-sharing (BtoB, BtoC). Europcar Mobility Group delivers its mobility options worldwide options by means of an in depth community in over 140 nations (together with wholly owned subsidiaries – 18 in Europe, 1 within the USA, 2 in Australia and New Zealand – accomplished by franchises and companions).
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