Vivendi (Paris:VIV) today announced that the Dutch Authority for the Financial Markets (Stichting Autoriteit Financiële Markten) has approved the prospectus issued by Universal Music Group N.V. (UMG) in connection with the intended admission to trading and official listing of its ordinary shares on Euronext Amsterdam.
The prospectus is now available on the websites of Vivendi (www.vivendi.com/en/shareholders-investors/financial-operations/) and UMG (https://investors.universalmusic.com).
The distribution in kind and the listing of UMG remains conditioned upon the decision by the Vivendi Management Board to pay an interim dividend in kind based on an interim balance sheet prepared as of June 30, 2021, certified by the statutory auditors of the company and showing sufficient distributable earnings. The Vivendi Management Board intends to meet today to this end.
As mentioned in the prospectus:
– The technical reference price of UMG shares is…