SoLocal Group: Appointment of a New mandataire ad hoc

Donnerstag, 28.07.2016 13:20 von Businesswire

BOULOGNE-BILLANCOURT, France --(BUSINESS WIRE)--

Regulatory News:

SoLocal Group (Paris:LOCAL) takes note of the decision of the Commercial Court of Nanterre to appoint Mrs Bourbouloux as the new mandataire ad hoc.

SoLocal Group remains fully committed to continuing discussions which aim at restructuring its debt in the interest of the company and its stakeholders.

About SoLocal Group

SoLocal Group, European leader in local online communication, reveals local know-how, and boosts local revenues of businesses. The Internet activities of the Group are structured around two business lines: Local Search and Digital Marketing. With Local Search, the Group offers digital services and solutions to clients which enable them to enhance their visibility and develop their local contacts. Thanks to its expertise, SoLocal Group earned the trust of some 530,000 clients of those services and over 2.2 billions of visits via its 4 flagship brands (PagesJaunes, Mappy, Ooreka and A Vendre A Louer) but also through its partnerships. With Digital Marketing, SoLocal Group creates and provides Internet users with the best local and customised content about professionals. With over 4,400 employees, including a salesforce of 1,900 local communication advisors specialised in five verticals (Home, Services, Retail, Health & Public, BtoB) and Internationally (France, Spain, Austria, United Kingdom), the Group generated in 2015 revenues of 873 millions euros, of which 73% on Internet and ranks amongst the first European players in terms of Internet advertising revenues. SoLocal Group is listed on Euronext Paris (LOCAL). More information may be obtained at www.solocalgroup.com.

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