in the middle of the sale process, OL Groupe suspends its listing on the Stock Exchange

OL Groupe, the security listed on the Paris Stock Exchange representing Olympique Lyonnais, requested the suspension of its listing on Monday in full discussion for the arrival of new investors in the capital of the club. The operator of the Paris Stock Exchange Euronext suspended the course “at the request of the company, pending the publication of a press release”, according to a notice published Monday.

At the beginning of the month, the historic president of the club, Jean-Michel Aulas, announced his intention to have “concluded the subject” of the arrival of new investors by “June 23”. According to information from L’Equipe and RMC Sport, the American businessman Foster Gillett is a candidate to buy out the shares of the Pathé group and the Chinese investment fund IDG, representing a total of nearly 40% of the group’s shares. .

If an investor bought all these shares alone, he would take control of OL. Jean-Michel Aulas, president since June 1987, remains today the majority shareholder via his family holding Holnest which holds 27.72% of the capital and has already announced its desire to remain in control of the club after the operation.

OL Groupe was launched on the stock market in 2007, at a price of 24 euros per share. But the title did not win success in the financial markets. Before the suspension, a share was worth 3.07 euros, up more than 50% since January 1, boosted by the selling process.



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