on OLYMPIQUE LYONNAIS GROUPE (EPA:OLG)
EFG Initiates Measures Amid Eagle Bidco's Administration
Lyon, April 14, 2026 - The Board of Directors of Eagle Football Group (EFG) addressed recent developments regarding administration proceedings involving its majority shareholder, Eagle Football Holdings Bidco Limited (Eagle Bidco). The Company acknowledged the potential for sharing confidential information with third parties interested in acquiring EFG shares held by Eagle Bidco. This process complies with the Autorité des marchés financiers' guidelines, requiring a demonstration of serious interest and confidentiality agreements.
Confidentiality agreements have been established with Eagle Bidco and a consortium including Ares Capital and Michele Kang, EFG's Chairwoman and CEO. EFG may enter similar agreements with other parties. The administration process could lead to a change in Company control and a mandatory tender offer.
To manage potential conflicts of interest, EFG's Board formed an Ad Hoc Committee with directors Gilbert Saada, Nathalie Dechy, and Victoria Wescott. This committee will oversee proceedings, possibly appointing an independent expert and advising on any tender offers. Such measures aim to maintain the Company’s interests amid possible transitions.
R. P.
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