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Compagnie du Bois Sauvage : Sale of shares in Codic International (Regulated publication) 18-06-2014

Compagnie du Bois Sauvage confirms the signature of an agreement for the sale of its 23,81 % stake in Codic International. (See also the press release issued by Codic International this 17th of June 2014). This fits the strategy of Compagnie du Bois Sauvage which consists in focusing on a limited number of strategic participations.

If all the conditions of the agreement are met, the sale of Codic International  would have a negative impact on the consolidated IFRS result of around 9 euro per share.