Econocom : Acquisition of Econocom Group shares by BIS BV
February 05, 2021 at 03:41 am EST
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REGULATORY INFORMATION
0 5 F e b r u a r y 2 0 2 1
Acquisition of Econocom Group shares by BIS BV
BIS BV, a subsidiary of Econocom Group, has entered into an agreement on 4 February 2021 pursuant to which it acquires the 6.01% stake (13,278,091 shares) held by two companies controlled by Walter Butler (i.e. Butler Industries Benelux SA and Butler Industries) in the share capital of Econocom Group SE.
The agreed sale price is EUR 2.825 per Econocom Group SE share. The settlement will take place in the coming days.
Walter Butler (through companies controlled by him) acquired a stake in Econocom Group SE in 2013, when Econocom Group acquired Osiatis.
Following this transaction and as agreed, Walter Butler resigned from his position as director of Econocom Group SE.
According to Jean-LouisBouchard: "Walter Butler has been a loyal supporter of the group over all these years and I sincerely thank him for his active participation in the Board of Directors and the Audit Committee of Econocom Group".
Walter Butler said: "These years of participation in the group's bodies have been constructive and exciting, and I thank Jean-Louis Bouchard and all the directors for the quality and diversity of our discussions".
Next publication: Annual Results 2020: 24 February 2021, after market close
A B O U T E C O N O C O M
F O R M O R E I N F O R M A T I O N
As a digital general contractor, Econocom conceives, finances and facilitates
www.econocom.com
the digital transformation of large firms and public organisations. With 40
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years' experience, it is the only market player offering versatile expertise
Investor and shareholder relations contact::
through a combination of project financing, equipment distribution and digital
etienne.jacquet@econocom.com
services. The group operates in 18 countries, with over 10,000 employees,
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and made €2,559m in revenue in 2020. Econocom is listed on Euronext in
Info@Capvalue.fr +33 1 80 81 50 01
Brussels, on the BEL Mid and Family Business indexes.
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Econocom Group SE published this content on 05 February 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 February 2021 08:41:01 UTC.
Econocom Group SE specializes in providing digital services to companies. Net sales break down by activity as follows:
- Products and Solutions (45%): supply and integration of IT, mobile, telecom and multimedia products;
- Technology Management and Financing (37.2%): leasing and piloting of computer systems and telecoms;
- Services (17.8%): consulting, engineering, outsourcing, maintenance services, etc.
Net sales are distributed geographically as follows: Benelux (14.4%), France (46.5%), Southern Europe (25.3%), Northern and Eastern Europe and Americas (13.8%).