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Club Méditerranée: Tender Offer - Calendar of Proceedings before the Paris Court of Appeal

  Club Méditerranée: Tender Offer - Calendar of Proceedings before the Paris
  Court of Appeal

Business Wire

PARIS -- September 24, 2013

Regulatory News:

The pre-trial conference for the appeals filed by Charity & Investment Merger
Arbitrage Fund ("CIAM") and the Association for the Defense of Minority
Shareholders ("ADAM") seeking annulment of the decision by the French Market
Authority (AMF) to clear the tender offer for Club Méditerranée (Paris:CU) by
Gaillon Invest was held today.

After acknowledging that Club Méditerranée and Gaillon Invest had filed their
respective statements of observations before the hearing, the Paris Court of
Appeal scheduled a full hearing for February 27, 2014, after which the Court
will deliver its judgment.

As it stated in its notice, the AMF announced on August 23, 2013 that it
promised to defer the closing of the tender offer at least eight days after
the Court judgment on the appeals for annulment is delivered.

This press release does not constitute and should not be considered as a
public offer to buy Club Méditerranée stock. In accordance with French
regulations, documentation concerning the public offer, including the terms
and conditions thereof, will be submitted to the Autorité des Marchés
Financiers.

Contact:

Club Méditerranée
Press:
Caroline Bruel, tel: +33 (0)1 53 35 31 29
caroline.bruel@clubmed.com
or
Analysts:
Pernette Rivain, tel: +33 (0)1 53 35 30 75
pernette.rivain@clubmed.com
 
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