Worldline’s Combined General Meeting
Bezons — 26 / 05 / 2016
Worldline held its Annual General Meeting on May 26, 2016 chaired by Mr. Thierry Breton, Chairman of the Board of directors of the Company.
All resolutions submitted by the Board of Directors were approved.
In particular, the General Meeting approved the parent company and Group consolidated accounts for the financial year ending December 31st, 2015.
The General Meeting also renewed the terms of office of Mrs. Ursula Morgenstern, Mr. Gilles Arditti, Mr. Charles Dehelly, Mr. Michel-Alain Proch and Mr. Luc Rémont as Directors, and gave authorizations to the Board of directors to proceed with share capital increases.
The voting results of the Combined General Meeting are available on the company’s website (section Investors – Annual General Meeting).
During the General Meeting, the CEO gave an update on the status of the merger project with Equens.
He emphasized the progresses accomplished in the transaction project between Worldline and Equens during 2016 towards its closing, thanks to a considerable amount of work performed by the two groups. In this context, the Company underlines that the project received a strong support from all the stakeholders, support that has been formally expressed over the past months from clients, management teams, employees’ representatives, business partners, etc.
Regarding regulatory approvals, the CEO reminded that the project received a global clearance from the anti-trust authorities on April 20, 2016 and that the closing of the transaction is now only pending the reception of the authorizations from the Belgium National Bank and the Dutch National Bank.
Constructive exchanges have occurred with these two regulators over the past months, aiming at enabling the issuance of their formal position on the transaction by the end of the second quarter of 2016.
However, should the reception of their final approvals require additional elements, the closing of the transaction could then occur in the course of the summer.
In parallel, the two companies are actively conducting numerous work streams to further detail their joint industrial and synergy plan, as well as to prepare their future integration.
About Worldline
Worldline [Euronext: WLN] is the European leader in the payments and transactional services industry. Worldline delivers new-generation services, enabling its customers to offer smooth and innovative solutions to the end consumer. Key actor for B2B2C industries, with over 40 years of experience, Worldline supports and contributes to the success of all businesses and administrative services in a perpetually evolving market. Worldline offers a unique and flexible business model built around a global and growing portfolio, thus enabling end-to-end support. Worldline activities are organized around three axes: Merchant Services & Terminals, Mobility & e-Transactional Services, Financial Processing & Software Licensing. Worldline employs more than 7,300 people worldwide and generated 1.2 billion euros revenues in 2015. Worldline is an Atos company. worldline.com
