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Several French ministers have issued a common statement announcing that they have asked the main search engines and mobile app stores operating in France to hide Wish’s website and mobile app altogether. Wish is a popular e-commerce platform that mostly references products from China-based merchants. It doesn’t hold inventory as products are shipped directly from […]
French government triggers public reward in FDJ Share
May 14, 2021
France’s Ministry of the Economy and Finance has activated its ‘public reward’ for investors that participated in the
Paris Euronext IPO of
Française des Jeux (FDJ) back in November 2019.
Groupe FDJ’s public investors will be rewarded with one additional share for each tranche of 10 IPO shares brought, with the supplement paid for by the French government.
The offer, which will be activated from 24 May, has been guaranteed for public investors who have kept hold of their FDJ IPO shares for the past 18 months.
“These additional shares already exist and are currently owned by the State. There will therefore be no creation of new shares or dilution of shareholders following this transaction,” FDJ detailed in a statement to shareholders.