#ECOA2614487AFrance Loans Air France-KLM Shares to SOGEPA
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
France will lend 38,605,272 Air France-KLM shares to SOGEPA SAS. The shares represent 14.7% of the company’s capital. The transfer and return of the shares will follow a share loan agreement between the French State and SOGEPA. The measure mainly affects the State, SOGEPA, Air France-KLM, and investors watching the company’s ownership structure.
AI-generated summary. May contain errors. Refer to official sources for legal decisions.
Key Changes
- France approves the loan of 38,605,272 Air France-KLM shares to SOGEPA SAS
- The shares represent 14.7% of Air France-KLM’s capital
- The transfer and return of the shares will be governed by a share loan agreement
Obligations
What this law requires
The French State must lend 38,605,272 Air France-KLM shares, representing 14.7% of the company's capital, to SOGEPA SAS.
The transfer of ownership of the Air France-KLM shares and their restitution must be carried out under the terms and conditions of the share loan agreement between the French State and SOGEPA SAS.
The order must be published in the Journal officiel de la République française.