Gaillon Invest : Club Méditerranée : Gaillon Invest improves the terms of its offer on the securities of the company June 25^th, 2013 - Gaillon Invest, acting in concert with the investment funds managed or advised by AXA Private Equity participating in the tender offer, Fosun and MM. Henri-Giscard d'Estaing and Michel Wolfovski (holding together 19.33% of the share capital), have decided to improve the terms of its offer on the shares of Club Méditerranée to change it to 17.50 euros per share (compared to the initial offer of 17 euros per share) and 19.79 euros per OCEANE (compared to the initial offer of 19.23 euros per OCEANE). This improved offer will be filed with the Autorité des Marchés Financiers as soon as possible, after the necessary changes to the documentation. The Initiator is pleased that the Board of Club Méditerranée, after acknowledging the amended terms of the offer, has unanimously considered it in the interest of the company, its shareholders and its employees, and that the shareholders represented on the Board, i.e. Caisse de Dépôt et de Gestion du Maroc (via its subsidiary CMVT International), Rolaco and Holding Edizione Benetton have decided to tender their shares to the offer. These shareholders represent 7.1% of the share capital for Caisse de Dépôt et de Gestion du Maroc, 5.6% for Rolaco and 2.2% for Holding Edizione Benetton. This press release is not and should not be considered as a tender offer on Club Méditerranée's securities. Pursuant to French regulations, the offer and the documentation with respect to the tender offer is subject to the review by the French Market Authority. About AXA Private Equity : AXA Private Equity is a world leader in private equity, with assets of $32 billion managed or advised in Europe, North America and Asia. The company offers its investors a wide choice of funds covering the full range of asset classes: Funds of Funds (primary, early secondary and secondary), Direct Funds including Infrastructure, Small and Mid-Market Enterprise Capital, Innovation & Growth, Co-Investment and Private Debt. With offices in Paris, Frankfurt, New York, Singapore, Milan, London, Zurich, Jersey and Luxembourg AXA Private Equity is committed to supporting companies in their long-term growth by providing access to its international network. AXA Private Equity sets great store by the regularity and quality of its reporting on the performance of its funds and the performance of the companies in its portfolio, as a service to its investors. About Fosun : Fosun is a large scale group which places importance on China's growth momentum and its operating activities include insurance, industrial operations, investment and asset management. Fosun International Limited is listed on Hong Kong Stock Exchange (Stock Code : 656). Fosun has been a shareholder of Gaillon since 2010" Contacts Presse AXA Private Equity Image 7 Estelle Guillot-Tantay / Flore Larger Tel: 01 53 70 74 93 / 01 53 70 74 91 email@example.com / firstname.lastname@example.org FOSUN CHEN Bo, GM, Corporate Communications Dept Tel:+86 21 23156758 / Mobile:+8618601781529 E-mail:email@example.com Press release (PDF) ------------------------------------------------------------------------------ This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Gaillon Invest via Thomson Reuters ONE HUG#1711730
Gaillon Invest : Club Méditerranée : Gaillon Invest improves the terms of its offer on the securities of the company
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