GL events
Welcome to the world of events.
As an integrated Group operating in all event professions, GL events works in three major segments:
event organisation, event venue management and services for fairs, congresses and events.
© Odile Decq architect / Felice Varini – Altitude 150
GL events
Cannes Film Festival
For more than twenty years, GL events has been on the select guest list of the greatest film festival in the world, providing top-quality services for the event.
© Alexandra Fleurantin
Cannes Film Festival
Nuits Sonores
The 2016 Nuits Sonores are equipped by GL events Audiovisual.
© Laure Rousville
Nuits Sonores
Sao Paulo Expo inauguration
The inauguration of the expanded and renovated Sao Paulo Expo on 26 April was attended by more than 500 economic decision-makers.
© Rodrigo Lopes/studiolopes.com
Sao Paulo Expo inauguration
COP 21
The aim of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP21) was to negotiate a new universal agreement on climate change, in order to maintain global warming below 2°C. GL events supplied and assembled structures for this key event, and also provided audiovisual services, fixtures and fittings for the event spaces.
© Philippe Cler
COP 21
African Games
The Live! by GL events agency was in charge of organising the spectacular closing ceremony for the African Games.
© Myli Bourigault et Pierre Le Tulzo / Live! by GL events
African Games
Video City Paris
Organised by the producers of the Golden Moustache (M6 TV channel), the Studio Bagel (Canal+ TV channel) and Mixicom, in collaboration with Live! by GL events, Vidéo City brought together around a hundred of the most popular YouTube video creators. A genuine success!
© Philippe Cler
Video City Paris
Maison de la Mutualité
The Maison de la Mutualité was the former headquarters of the French mutual insurance federation . The venue has been managed by GL events since 2010. The Group has renovated the building to return it to its former glory. Today, the venue hosts all types of events, from business meetings and exhibitions to fashion parades.
Maison de la Mutualité
Equita
This is an event that horse-riding fans look forward to every year. Organised by GL events, Equita is the largest equestrian show in France. Each year, around 3,500 horses take part in the event which attracts over 150,000 visitors.
© PSV – Jean Morel
Equita
IMF and the World Bank
The Boards of Governors of the IMF and the World Bank met in Lima (Peru) this year to establish the main priorities and focuses for the two institutions. The production of this large-scale event was entrusted to a consortium made up of GL events and the event agency Stimulus.
© Joao Socola
IMF and the World Bank
Absolute
Spacious, elegant and with impeccable finishing, Absolute Triple Deck is an exceptional structure that combines robustness and aesthetics. Providing more than 25% additional interior surface area, this new events structure takes standards in excellence to a whole new level.
© Detail Ltd
Absolute
Back to Press releases 2005

GL events launches a capital increase of €35,7mn to accelerate its expansion

Sales target of €700mn for 2008

The prospectus that includes the French registration document (document de référence) filed with the French financial market authority (AMF) on 29 april 2005 under number, the updated registration document filed on 4 november 2005 under number D.05-591.A02 and the memorandum (note d'opération) filed on 4 november 2005 under number 05-749 may be consulted at the web sites of the AMF (www.amf-france.org) and GL events (www.gl-events.com) and copies may be obtained on request at no cost from GL events-- Route d'Irigny ZI Nord BP 40 69530 Lyon Brignais France

GL events, a major player in European event communications, announces an equity issue of €35.7mn. This issue will provide financing to accelerate the group's strategic and commercial development.

 

CAPITAL INCREASE OF €35.7MN M€

GL events will issue 1.529.216 shares at a subscription price of €23.40 per share. While the issue does not provide for preferential subscription rights, shareholders benefit from preemptive rights to subscribe for shares between 7 November and 15 November on the basis of one new share for every nine shares held.

Polygone SA, majority shareholder of GL events, with 56.81% of the capital and 65.74% of the voting rights, has indicated its intention to exercise its subscription rights to this equity issue up to €17mn.

 

AN AMBITIOUS GROWTH PLAN FOR 2008

This capital increase will provide GL events with resources for its ambitious plan of expansion with targets for 2008 of:
- consolidated sales of €700mn (vs. guidance of €422mn for 2005)
- sales of €350mn in its strategic Venue and Event Management business (guidance of €149mn in 2005)
- sales of €350mn from international operations (guidance of €123mn for 2005).

The group will pursue three major avenues of growth:
- For event organization, upstream in the service range, GL events' goal is to become the leading provider in France outside the Paris region, by notably adding event specialists and creating/duplicating proprietary events.
- In Venue Management, GL events intends to expand its European network that already includes 14 sites. The group's offering provides professional solutions to local governments to optimise their venues both in France and in other countries. GL events proposes in this way to leverage its unique position in this multi-local market by responding to calls for tender and privatisation bids and acquiring companies holding venue operating concessions.
- Pursuing the implementation of the group's synergies to be better adapted to marketing an integrated offering, managing projects covering the entire event industry chain and clearly establish the group's position as a major partner in the world of event communications.

 

CONTINUED EXPANSION OF VENUE AND EVENT MANAGEMENT: STAKE INCREASED IN SEPEL AND ACQUISITION OF KOBE

Following the addition of venues in Padua, Budapest and Vannes since the beginning of 2005, after increasing its stake in SEPEL, the group now holds 25% of the capital of EUREXPO.
EUREXPO operates the Lyon Convention and Exhibition Centre, among Europe's top 20 venues. SEPEL has sales of €15mn to €28mn according to its biannual schedule of trade shows.

GL events also announces the acquisition of KOBE, specialized in meetings and conventions in the medical sector, organizing 20 events per year with estimated sales for 2006 of approximately €4mn and an operating margin of more than 15%.

Olivier Ginon, GL events Chairman remarked: "This capital increase represents an excellent opportunity for GL events to successfully achieve its ambitious three-year growth plan. The event communications sector offers significant prospects for growth and in the months and years ahead interesting opportunities can be expected. GL events' goal is to take full advantage of this potential through continued investments. Accelerating the transformation of the group into a global event communications provider through sustained growth by the Venue and Event Management should significantly contribute to ROCE within three years."

 

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Upcoming events: :
Publication of 2005 sales, 7 February 2006

GL events, bringing people together

Managing Director Corporate Finances and Administration : Erick ROSTAGNAT
Telephone :  + 33 4 72 31 54 20
Fax : + 33 4 26 20 42 00
Email : infos.finance@gl-events.com


Code ISIN : FR0000066672
Code Bloomberg : GLO FP
Code Reuter : GLTN.PA
Code FTSE : 581

Contacts

Erick Rostagnat - Managing Director Corporate Finances and Administration:
info.finance@gl-events.com
Tel : +33(0)4 72 31 54 20

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2015