HERITAGE AND TRADE: COMPLETION OF THE €20 MILLION CAPITAL INCREASE RESERVED FOR CRÉDIT AGRICOLE CENTER FRANCE

PATRIMOINE ET COMMERCE has finalized a capital increase of 20 million euros reserved for Crédit Agricole Center France, via its subsidiary SNC CACF INVESTISSEMENTS FONCIERS. The operation was decided at the combined general meeting of June 13, 2024. It consists of the issue of 869,565 new shares at 23 euros each. The share capital now reaches 159.7 million euros, divided into 15,972,458 shares of 10 euros.

Eric Duval, manager and founder, expressed his satisfaction with the entry of Crédit Agricole Center France into the capital, underlining the relevance of the company's value creation strategy in the low-cost retail parks sector. Frédéric Baraut, Managing Director of Crédit Agricole Center France, also affirmed the importance of this equity investment for the economic development of the territories.