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Solocal Group SA (LOCAL.PA)

LOCAL.PA on Paris Stock Exchange

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11:35am EDT
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Volume
2,424,978
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4,109,009
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€1.71
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€0.82

Latest Key Developments (Source: Significant Developments)

Solocal Group revises 2017 outlook down with FY EBITDA expected below 200 million euros
Thursday, 27 Jul 2017 02:54am EDT 

July 27 (Reuters) - SOLOCAL GROUP SA ::H1 INTERNET REVENUES EUR 323 MILLION VERSUS EUR 322 MILLION YEAR AGO.H1 RECURRING EBITDA EUR 91 MILLION VERSUS EUR 112 MILLION YEAR AGO.H1 NET PROFIT EUR 306 MILLION VERSUS EUR 25 MILLION YEAR AGO.REVISES 2017 OBJECTIVES DOWN.2017 INTERNET REVENUES GROWTH EXPECTED BETWEEN 1 PERCENT AND 3 PERCENT.2017 EBITDA EXPECTED BELOW EUR 200 MILLION.  Full Article

Exclusive negotiation of SoLocal for sale of its business AVendreAlouer
Wednesday, 12 Jul 2017 05:11pm EDT 

July 12 (Reuters) - Solocal Group Sa : :Exclusive negotiation of SoLocal for sale of its business AVendreAlouer.Entered into exclusive negotiations for sale of its online real estate classifieds business AVendreAlouer.  Full Article

Solocal Group says Chairman De Metz to step down no later than Sept. 5
Wednesday, 14 Jun 2017 02:10am EDT 

June 14 (Reuters) - SOLOCAL GROUP SA :NEW GOVERNANCE OF SOLOCAL GROUP.‍ROBERT DE METZ INDICATED THAT HE WOULD TERMINATE HIS DUTIES AS CHAIRMAN OF BOARD OF DIRECTORS NO LATER THAN 5 SEPTEMBER 2017​.‍FOUR ADDITIONAL DIRECTORS HAVE BEEN ELECTED​.  Full Article

Q1 net gain of 278 million euros resulting from the restructuring of group's debt
Wednesday, 7 Jun 2017 02:09am EDT 

June 7 (Reuters) - SOLOCAL GROUP SA ::Q1 NET GAIN OF 278 MILLION EUROS RESULTING FROM THE RESTRUCTURING OF SOLOCAL GROUP'S DEBT .  Full Article

Solocal Group Jean-Pierre Remy resigns as ceo and director
Wednesday, 31 May 2017 12:24pm EDT 

May 31 (Reuters) - SOLOCAL GROUP SA :JEAN-PIERRE REMY INFORMED BOARD OF DIRECTORS OF HIS RESIGNATION FROM HIS AS CEO AND DIRECTOR ON 30 JUNE 2017.  Full Article

Solocal Group Q1 internet revenues up 4 pct at 163 million euros
Tuesday, 25 Apr 2017 01:52am EDT 

April 25 (Reuters) - Solocal Group SA ::Q1 internet revenues 163 million euros ($177.05 million)versus 157 million euros year ago.Q1 local search 119 million euros versus 118 million euros year ago.Outlook for 2017 confirmed.Expected outlook for 2017: 2017 internet revenues growth +3 pct to +5 pct recurring EBITDA 210 - 225 million euros.  Full Article

SoLocal pro-forma net debt at Dec 31 amounts to 344 mln euros
Wednesday, 15 Mar 2017 02:47am EDT 

SoLocal Group SA : Said on Tuesday it finalized the reduction of its financial debt . Pro-forma net debt as at Dec. 31, 2016 amounts to 344 million euros ($365.6 million) .Reinstated gross debt resulting from finalization financial restructuring plan now stands at 398 million euros.  Full Article

Solocal Group announces favourable decision of Court of Appeal of Versailles
Friday, 10 Mar 2017 02:16am EST 

Solocal Group SA : Requested from Euronext Paris that the trading of its shares (local FR0012938884) resumes from the opening of the Paris stock exchange on Friday March 10, 2017 . Says proceedings initiated by Benjamin Jayet for obtaining a decision on merits of annulment of certain decisions taken at December 15 AGM recalled in press release of March 8 are still ongoing . Court of Appeal of Versailles by a decision rendered on March 9, 2017, upheld the order of the President of The Commercial Court of Nanterre of January 13, 2017 . Says settlement and delivery of rights issue and allocation of free shares and settlement of securities subscribe by creditors to occur on March 13 .Says total shares subscribed by creditors pursuant to share capital increase without preferential subscription rights for an amount of 363.2 million euros ($384.6 million)including issue premium.  Full Article

Solocal Group: Capital increase of approx. 398.48 million euros
Friday, 3 Mar 2017 02:00am EST 

Solocal Group SA : Success of capital increase with preferential subscription rights . Capital increase of approximately 398.48 million euros ($419.36 million)(including issue premium), at the subscription price of 1 euro per share . 272,650,250 new shares subscribed in cash by shareholders on an irreducible and reducible basis, corresponding to a cash subscription rate of 68.42 percent, ie 272.65 million euros .Shareholders and new investors will hold 64.20 percent of capital post-restructuring, creditors will hold 35.80 percent.  Full Article

Solocal Group: Launch of capital increase of approx. 398.48 million euros
Thursday, 9 Feb 2017 03:05am EST 

Solocal Group Sa : Announces the launch of its capital increase with preferential subscription rights . Capital increase with preferential subscription rights in the amount of approximately 398.48 million euros ($425.50 million) . Subscription price is 1.0 euro per new share . Subscription period is from Feb. 15, 2017 until Feb. 24, 2017 included . Trading period for preferential subscription rights is from Feb. 13 until Feb. 22 included .The capital increase with maintenance of preferential subcription rights will be open to the public in France only.  Full Article