Altarea: Reclassification of 150,000 shares to improve the float

On October 3, 2024, Altarea announced that AltaGroupe subscribed for 657,545 Altarea shares on July 5, 2024 as part of the stock dividend payment. With this subscription, AltaGroupe plans to reclassify 150,000 shares on the market to improve the stock's free float.

This decision, which concerns 0.69% of Altarea's capital and voting rights, aims to strengthen the liquidity of the share. AltaGroupe assured that this sale does not affect its long-term commitment to Altarea.

Following this transaction, Alain Taravella's family group will hold 45.32% of Altarea's capital and voting rights, thus retaining a significant position.