The Enterprise Chamber of the Amsterdam Court of Appeal has granted an additional thirty-day extension to France Retail Holdings S.à r.l. (FRH) and Casino Guichard-Perrachon S.A. under the Dutch Financial Supervision Act. This decision comes after a request made by FRH and Casino, ultimately controlled by Mr. Daniel KÅ™etÃnský, to extend the time period provided in the Act.
The extension, pursuant to Article 5:72(2) of the Dutch Financial Supervision Act, will now see the period provided in Article 5:72(1) FMSA extended by thirty days starting from May 27, 2024. This judgment follows previous press releases on April 29, 2024, and May 7, 2024, regarding the matter.
It is important to note that this communication is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein. Any sale of these securities must comply with the laws and regulations of the relevant jurisdictions.
For analysts and investors seeking more information, they can contact Christopher Welton at cwelton.exterieur@groupe-casino.fr or IR_Casino@groupe-casino.fr. For press inquiries, Groupe Casino Communications can be reached through Stéphanie Abadie at sabadie@groupe-casino.fr or Agence IMAGE 7 through Karine Allouis, Laurent Poinsot, or Franck Pasquier.
This judgment marks a significant development in the ongoing proceedings under the Dutch Financial Supervision Act, and stakeholders are advised to stay informed about further updates on the matter.