Vivendi today announced its decision to offer the beneficiaries of Lagardère share transfer rights, granted in connection with its public tender offer for Lagardère shares, an extension of the expiry date of those rights, currently set for December 15, 2023, to June 15, 2025.

This proposed extension would align the exercise period of the transfer rights with Lagardère’s first full fiscal year in which Vivendi will have been able to fully implement its strategic plan[1] following completion of the transaction between Vivendi and the Lagardère group. The proposal will be submitted to a general meeting of the beneficiaries of transfer rights to be convened on December 11, 2023. In order for the proposal to take effect, this meeting will require a quorum of at least one fifth of the existing transfer rights, and the proposal must be approved by a two-thirds majority.

The other terms and conditions of the transfer rights described in the public tender offer document approved by the French Financial Markets Authority[2] on April 12, 2022, and set out in the annex hereto, will remain unchanged, in particular their exercise price of €24.10 guaranteed by the presenting institutions underwriting the public tender offer.


[1] See Vivendi’s press release dated November 14, 2023:

[2] AMF Visa no. 22-106. The offer document is available at


About Vivendi

Since 2014, Vivendi has been building a world-class content, media and communications group. The Group owns leading, highly complementary assets in television and movies (Canal+ Group), communications (Havas), magazines (Prisma Media), video games (Gameloft) and live entertainment and ticketing (Vivendi Village). It also owns a global digital content distribution platform (Dailymotion) and a subsidiary dedicated to providing very high-speed Internet access in Africa (GVA). The combination with Lagardère, subject to the fulfilment of the commitments that Vivendi has proposed to the European Commission, will enable the Group to become the world’s third-largest consumer and educational publishing group. Vivendi’s various businesses cohesively work together as an integrated industrial group to create greater value. Vivendi is committed to the environment and aims to help mitigate climate change by adopting an approach aligned with the 2015 Paris Agreements. In addition, the Group is helping to build more open, inclusive and responsible societies by supporting diverse and inventive creative works, promoting broader access to culture, education and its businesses, and increasing awareness of 21st century challenges and opportunities.