PARIS–(BUSINESS WIRE)–Regulatory Information:
In response to the indicative timetable scheduled by the business court docket of Paris, and topic to a constructive shareholder vote in favor of all of the resolutions required for its implementation in the course of the basic assembly scheduled on January 20, 2021, a court docket listening to shall be held on January 25, 2021 with a view to study the draft accelerated monetary safeguard plan.
On this perspective, the court docket determined to increase the accelerated monetary safeguard proceedings by a ruling dated January 11, 2021.
This extension is notably within the continuation of the approval of the draft accelerated monetary safeguard plan by the monetary collectors’ committee and the bondholders’ basic assembly, as introduced on January 7, 2021.
Europcar Mobility Group (Paris:EUCAR) is subsequently executing the required steps aiming at finishing the implementation of its monetary restructuring.
Disclaimers
This announcement has been ready by Europcar Mobility Group completely for data functions. It doesn’t represent or embody any recommendation or advice by Europcar Mobility Group (or every other individual) concerning the securities of Europcar Mobility Group or EC Finance plc or as to the deserves of any transaction or the making of any funding resolution. It doesn’t represent or embody any affirmation or dedication by Europcar Mobility Group (or every other individual) concerning the current or future worth of the enterprise of Europcar Mobility Group, its securities, its associates or any of Europcar Mobility Group’s or their property.
This announcement isn’t a suggestion to promote or a solicitation of a suggestion to purchase or trade or purchase securities in the USA or in every other jurisdiction. The securities referenced on this announcement might not be supplied, bought, exchanged or delivered in the USA absent registration or an relevant exemption from the registration requirement below the U.S. Securities Act of 1933, as amended. The securities talked about on this announcement usually are not, and won’t be, registered in the USA. This announcement isn’t directed at, or supposed for distribution, publication, availability to or use by, any individual or entity that could be a citizen or resident or positioned in any locality, state, nation or different jurisdiction, the place such distribution, publication, availability or use can be opposite to legislation or regulation, or which might require any registration or licensing inside such jurisdiction.
This press launch consists of forward-looking statements primarily based on present beliefs and expectations about future occasions. Such forward-looking statements might embody projections and estimates and their underlying assumptions, statements concerning plans, aims, intentions and/or expectations with respect to future monetary outcomes, occasions, operations and providers and product growth, in addition to statements, concerning efficiency or occasions. Ahead-looking statements are typically recognized by the phrases “expects”, “anticipates”, “believes”, “intends”, “estimates”, “plans”, “tasks”, “might”, “would”, “ought to” or the unfavorable of those phrases and comparable expressions. Ahead trying statements usually are not ensures of future efficiency and are topic to inherent dangers, uncertainties and assumptions about Europcar Mobility Group and its subsidiaries and investments, tendencies of their enterprise, future capital expenditures and acquisitions, developments in respect of contingent liabilities, adjustments in financial circumstances globally or in Europcar Mobility Group’s principal markets, aggressive circumstances available in the market and regulatory elements. These occasions are unsure; their final result might differ from present expectations which can in flip materially have an effect on anticipated outcomes. Precise outcomes might differ materially from these projected or implied in these forward-looking statements. Any forward-looking assertion contained on this press launch is made as of the date of this press launch. Apart from as required by relevant legislation, Europcar Mobility Group doesn’t undertake to revise or replace any forward-looking statements in gentle of latest data or future occasions. The outcomes and the Group’s efficiency may additionally be affected by numerous dangers and uncertainties, together with with out limitation, dangers recognized within the “Threat elements” of the Annual Registration Doc registered by the Autorité des marchés financiers on Could 6, 2020 and in addition accessible on the Group’s web site.
About Europcar Mobility Group
Europcar Mobility Group is a significant participant in mobility markets and listed on Euronext Paris. The mission of Europcar Mobility Group is to be the popular “Mobility Service Firm” by providing enticing options to automobile possession, with a variety of mobility-related providers and options: automobile rental and lightweight business automobile rental, chauffeur providers, car-sharing and personal rent automobile (PHV – rental to “Uber like” chauffeurs).
Clients’ satisfaction is on the coronary heart of the Group’s mission and all of its staff and this dedication fuels the continual growth of latest providers.
Europcar Mobility Group operates by means of a diversified portfolio of manufacturers assembly each buyer particular wants and use circumstances, be it for 1 hour, 1 day, 1 week or longer ; its 4 main manufacturers being: Europcar® – the European chief of automobile rental and lightweight business automobile rental, Goldcar® – the low-cost car-rental Chief in Europe, InterRent® – ‘mid-tier’ automobile rental and Ubeeqo® – one of many European leaders of round-trip car-sharing (BtoB, BtoC). Europcar Mobility Group delivers its mobility options worldwide options by means of an in depth community in over 140 nations (together with wholly owned subsidiaries – 18 in Europe, 1 within the USA, 2 in Australia and New Zealand – accomplished by franchises and companions).
Additional particulars on our web site:
www.europcar-mobility-group.com
