November 17, 2022

Decision of the Aix-en-Provence Court of Appeal in favour of FDJ in its dispute with Soficoma


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Boulogne-Billancourt (France), 17 November 2022 (5:45 p.m.) – In the context of the dispute pending before the Court of Appeal of Aix-en-Provence between FDJ and Soficoma concerning the share ownership of 3% of the Company’s share capital, the Court of Appeal has, in a decision dated 17 November 2022, confirmed the terms of the judgment of the Commercial Court of Marseille dated 23 May 2019 that found that Soficoma was required to sell its 5,730,000 shares to the Company for a price of 15,647,940 €, that Soficoma had lost its status as a FDJ shareholder since 18th May 2017 and that FDJ was authorized to record in its records the transfer by Soficoma of its 5,730,000 shares to the Company.

FDJ is analyzing the consequences of this very positive decision.

Like any decision of the Court of Appeal, it can be appealed before the Court of Cassation (Cour de cassation).


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