News and Press releases
Groupe BPCE has agreed today to dispose of 3 % of Nexity’s share capital to an investment vehicle controlled by Nexity’s executives
This disposal forms part of the implementation by Groupe BPCE of its strategic plan, aiming at reducing or disposing of its parts in its non-core assets. Following the Transaction, Groupe BPCE’s residual stake in Nexity will stand at 33.4%.
The lock-up undertaken by BPCE in the context of the 2 December 2014 placement was lifted only as part of the Transaction and only for the shares related to it.