Commercial Court

EQS-News: Petro Welt Technologies AG: Squeeze-out entered into the Companies Register of the Commercial Court of Vienna with effect as of 4 August 2023

Retrieved on: 
Friday, August 4, 2023
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The issuer is solely responsible for the content of this announcement.

Key Points: 
  • The issuer is solely responsible for the content of this announcement.
  • The squeeze-out pursuant to the Austrian Squeeze-Out Act resolved at the 18th Annual General Meeting on 27 June 2023 under agenda item 7 was today entered into the Companies Register of the Commercial Court of Vienna with effect as of 4 August 2023.
  • The minority shareholders will be informed separately about the modalities and date of payment of the cash compensation.
  • Trading in the shares of Petro Welt Technologies AG has already been suspended.

RALLYE S.A.: Agreement with all Rallye’s creditors benefiting from a trust (fiducie-sûreté) on Casino’s securities

Retrieved on: 
Saturday, June 17, 2023
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Paris, on 16 June 2023 – Further to its press releases of 25 April 2023 and 22 May 2023, Rallye has reached an agreement, under the aegis of the conciliators (conciliateurs), with all its creditors benefiting from a trust (fiducie-sûreté) on Casino’s securities [1] .

Key Points: 
  • Paris, on 16 June 2023 – Further to its press releases of 25 April 2023 and 22 May 2023, Rallye has reached an agreement, under the aegis of the conciliators (conciliateurs), with all its creditors benefiting from a trust (fiducie-sûreté) on Casino’s securities [1] .
  • The distribution of this press release in certain countries may be restricted by law and/or be subject to specific regulations.
  • [1] Casino’s securities representing 11.7% of Casino’s share capital have been placed in trust (fiducie-sûreté) by Rallye for the benefit of some of the creditors, including Fimalac (cf.
  • the breakdown of Rallye's financial debt on page 23 of the 2022 Universal Registration Document, in French).

ERYTECH Responds to Akkadian’s Disinformation

Retrieved on: 
Monday, June 12, 2023
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Cambridge, MA (U.S.) and Lyon (France), June 12, 2023, 7:00 am CEST – ERYTECH Pharma (Nasdaq & Euronext: ERYP), today reacts to a series of disinformation attempts by Akkadian Partners to try and destabilize ERYTECH.

Key Points: 
  • Cambridge, MA (U.S.) and Lyon (France), June 12, 2023, 7:00 am CEST – ERYTECH Pharma (Nasdaq & Euronext: ERYP), today reacts to a series of disinformation attempts by Akkadian Partners to try and destabilize ERYTECH.
  • The proposed transaction is structured as a merger of PHERECYDES into ERYTECH, pursuant to which PHERECYDES shareholders will receive 15 new ERYTECH shares for every 4 PHERECYDES shares they own.
  • On 13 April, Akkadian Partners, an entity domiciled in Luxembourg, crossed the threshold of 5% of the share capital of ERYTECH Pharma.
  • Finally, it is important to note that a failure of the merger would only lead to the destruction of value for ERYTECH and its shareholders.

EQS-News: UNIQA Insurance Group AG: Dividend Announcement

Retrieved on: 
Saturday, June 10, 2023
ISIN, Uniqa Insurance Group, Wiener Börse, Commercial Court, Raiffeisen Bank International, Security (finance)

The 24th Annual General Meeting of UNIQA Insurance Group AG (FN 92933 t, Commercial Court of Vienna) held on June 06, 2023 approved a dividend payment of 55 cents per dividend entitled share for the financial year 2022.

Key Points: 
  • The 24th Annual General Meeting of UNIQA Insurance Group AG (FN 92933 t, Commercial Court of Vienna) held on June 06, 2023 approved a dividend payment of 55 cents per dividend entitled share for the financial year 2022.
    Dividend payment will be made on Monday, June 19, 2023 (value date to the custodian bank).
  • Dividend payment will be made through credit of the custodian bank.
  • Dividend payments by the principal paying agent will be made exclusively less 27,5% withholding tax.
  • Shares of UNIQA Insurance Group AG (ISIN AT0000821103) are traded ex-dividend 2022 on the Vienna Stock Exchange from Thursday, June 15, 2023.

Opening of conciliation proceedings

Retrieved on: 
Monday, May 22, 2023
Prejudice, Court, Commercial Court, Trust, Commercial code, Security (finance), Groupe Casino, Rallying

As of today, discussions with the holders of Rallye’s debts secured by Casino’s securities placed in trust (fiducie-sûreté) have not been successful yet.

Key Points: 
  • As of today, discussions with the holders of Rallye’s debts secured by Casino’s securities placed in trust (fiducie-sûreté) have not been successful yet.
  • Under these circumstances, the companies have decided to request the opening of a conciliation proceeding to benefit from a more protective legal framework in order to pursue discussions with their creditors.
  • The president of the Paris Commercial Court today opened conciliation proceedings to the benefit of Rallye, Foncière Euris, Finatis and Euris for an initial period of four months, possibly renewable for a further month, and appointed SELAFA MJA (Me Valérie Leloup-Thomas) and SELARL Fides (Me Bernard Corre) as conciliators (conciliateurs) and terminated the ad hoc mandate proceedings opened on 25 April 2023.
  • Without prejudice to the application of Article L.611-16 of the Commercial Code [1] , the conciliation proceeding will allow the companies Rallye, Foncière Euris, Finatis and Euris to request from the Court periods of grace (délais de grâce) pursuant to Article L.611-7 of the Commercial Code in the event that the above-mentioned secured debt holders trigger events of default resulting from the opening of conciliation proceedings with respect to Casino.

ERYTECH Provides Update on the Announced Combination with PHERECYDES

Retrieved on: 
Monday, May 15, 2023
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In relation with the announced merger of PHERECYDES into ERYTECH (the “Proposed Merger”), ERYTECH and PHERECYDES entered into a merger agreement on May 15, 2023, pursuant to which PHERECYDES will be merged into ERYTECH and PHERECYDES shareholders will receive 15 new ERYTECH shares for every 4 PHERECYDES shares they own (the “Merger Agreement”).

Key Points: 
  • In relation with the announced merger of PHERECYDES into ERYTECH (the “Proposed Merger”), ERYTECH and PHERECYDES entered into a merger agreement on May 15, 2023, pursuant to which PHERECYDES will be merged into ERYTECH and PHERECYDES shareholders will receive 15 new ERYTECH shares for every 4 PHERECYDES shares they own (the “Merger Agreement”).
  • The annual general meetings of ERYTECH and PHERECYDES shareholders will be called upon to vote on the Proposed Merger on June 23, 2023.
  • The Proposed Merger is expected to close shortly after the approval by both ERYTECH and PHERECYDES shareholders.
  • Guy Rigaud, of 827,132 PHERECYDES shares to ERYTECH in consideration of 3,101,745 newly issued ERYTECH shares (the “Contribution”).

Technicolor Creative Studios: availability of a prospectus approved by the French Autorité des marchés financiers under number 23-139

Retrieved on: 
Tuesday, May 2, 2023
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The completion of each of these issuances forms an indivisible whole, such that if any could not be completed, none of the others could then be completed.

Key Points: 
  • The completion of each of these issuances forms an indivisible whole, such that if any could not be completed, none of the others could then be completed.
  • The Prospectus consists of the universal registration document (document d’enregistrement universel) of the Company, approved by the AMF on April 21, 2023 under number R. 23-013, the securities note (note d’opération) (the “Securities Note”), and the summary of the prospectus (included in the Securities Note).
  • The Prospectus is available on the Company’s website www.technicolorcreative.com (under the heading “Investors” - “Financial information” - “Regulated Information”) and at its corporate head office: 8-10, rue du Renard, 75004 Paris, France.
  • It is also available on the website of the AMF ( www.amf-france.org ).

RALLYE S.A.: Opening of ad hoc mandate proceedings / Resumption of the listing of securities

Retrieved on: 
Tuesday, April 25, 2023
Commercial Court, Casino, Sale, Trust, Rallying, Groupe Casino

In this context, Rallye and its parent companies indicated that they would liaise with their creditors in order to examine the possibilities and possible ways of adjusting their safeguard plans.

Key Points: 
  • In this context, Rallye and its parent companies indicated that they would liaise with their creditors in order to examine the possibilities and possible ways of adjusting their safeguard plans.
  • The ad hoc mandate procedure is an amicable procedure, with no impact on the safeguard plan or on the rights and obligations of the companies, their shareholders and the creditors of the companies involved.
  • The listing of all securities issued by the companies concerned will resume on 26 April, at market opening.
  • [1] Casino’s shares representing 11.7 % of Casino’s share capital have been placed in trust (fiducie-sûreté) by Rallye for the benefit of certain creditors, including Fimalac (cf.

GEVELOT S.A.: PRESS RELEASE CLOSING OF 2022 ACCOUNTS

Retrieved on: 
Saturday, April 15, 2023
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The Group’s consolidated operating income in 2022 amounted to a profit of €12.1 million against €5.8 million in 2022, i.e.

Key Points: 
  • The Group’s consolidated operating income in 2022 amounted to a profit of €12.1 million against €5.8 million in 2022, i.e.
  • The increasing Pumps Sector’s contribution is positive for €12.9 million (€6.7 million positive in 2021).
  • In 2022, net charges of consolidated tax totalled €1.3 million against €0.4 million in 2021.
  • An impairment on recent bond investments has been recorded at the end of 2022 amounted to €2.1 million.

Technicolor Creative Studios: Progressing towards delivering its recovery plan

Retrieved on: 
Monday, April 3, 2023
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PARIS (FRANCE), April 3, 2023 – Technicolor Creative Studios (Euronext Paris: TCHCS) (the “Company”) announces today an update of the implementation of its refinancing.

Key Points: 
  • PARIS (FRANCE), April 3, 2023 – Technicolor Creative Studios (Euronext Paris: TCHCS) (the “Company”) announces today an update of the implementation of its refinancing.
  • New chapter of Technicolor Creative Studios’ Refinancing:
    Approval by a judgment of the Commercial Court of Paris dated March 29, 2023, which puts an end to the conciliation procedure opened on January 20, 2023
    Caroline Parot, Chief Executive Officer of Technicolor Creative Studios, said: “Reaching an agreement on the refinancing of Technicolor Creative Studios has been pivotal in establishing the foundations of our long-term growth.
  • I am delighted that the process is progressing well with the execution of a conciliation protocol in line with the established schedule.
  • We are extremely grateful for the confidence and support of our key creditors and shareholders, as we strive to achieve Technicolor Creative Studios’ full value potential.