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Extension of the deadline to enter into a lock-up agreement
Paris, 29 September 2023
Further to its press release dated 28 July 2023 relating to the execution of an agreement in principle with certain secured creditors, Casino announces the extension of the deadline to enter into a lock-up agreement with its creditors until the 3rd of October, i.e. an agreement pursuant to which the signatories commit to support and take all steps and actions reasonably necessary to implement and consummate the Group’s financial restructuring.
This extension will enable ongoing negotiations on a lock-up agreement to continue.
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This press release was prepared solely for information purposes and should not be construed as a solicitation or an offer to buy or sell securities or related financial instruments. Likewise, it does not provide and should not be treated as providing investment advice. It has no connection with the specific investment objectives, financial situation or needs of any receiver. No representation or warranty, either express or implied, is provided in relation to the accuracy, completeness or reliability of the information contained herein. Recipients should not consider it as a substitute for the exercise of their own judgement. All the opinions expressed herein are subject to change without notice.
Forward-looking statements
This press release may include forward-looking statements. These forward-looking statements can be identified by the use of forward-looking terminology, including the terms as “believe”, “expect”, “anticipate”, “may”, “assume”, “plan”, “intend”, “will”, “should”, “estimate”, “risk” and or, in each case, their negative, or other variations or comparable terminology. These forward-looking statements include all matters that are not historical facts and include statements regarding the Casino Group’s intentions, beliefs or current expectations concerning, among other things, the Casino Group’s plans, objectives, assumptions, expectations, prospects and beliefs and statements regarding other future events or prospects. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future.
These forward-looking statements reflect the Casino Group’s current expectations, intentions or forecasts of future events, which are based on the information currently available and on assumptions made by the Casino Group. The forward-looking statements and information contained in this announcement are made as of the date hereof and the Casino Group is under no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable laws. All subsequent written or oral forward-looking statements attributable to the Casino Group, or persons acting on the Casino Group’s behalf, included in but not limited to press releases (including on the Casino Group’s website), reports and other communications, are expressly qualified in their entirety by the cautionary statements contained throughout this press release.
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ANALYSTS AND INVESTORS CONTACTS
Christopher WELTON – Phone number: +33 (0)1 53 65 64 17
cwelton.exterieur@groupe-casino.fr
or
+33 (0)1 53 65 24 17
IR_Casino@groupe-casino.fr
PRESS CONTACTS
Casino Group – Communications Department
Nicolas BOUDOT – nboudot@groupe-casino.fr – + 33 (0)6 79 61 40 99
or
+ 33(0)1 53 65 24 78 – directiondelacommunication@groupe-casino.fr
Agence IMAGE 7
Karine Allouis – Phone number: +33 (0)6 11 59 23 26 – kallouis@image7.fr
Laurent Poinsot – Phone number: + 33(0)6 80 11 73 52 – lpoinsot@image7.fr
Franck Pasquier – Phone number : + 33(0)6 73 62 57 99 – fpasquier@image7.fr
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