GL events
Welcome to the world of events!
As a leading global player in the events sector, GL events operates in the three main events markets: congresses and conventions, sporting, cultural and political events, and trade shows and consumer fairs.
© Odile Decq architect / Felice Varini – Nicolas Rodet
GL events
Commonwealth Games Gold Coast 2018
GL events, official supplier of temporary grandstand seating for the Gold Coast 2018 Commonwealth Games in Australia. A total of 60,000 temporary seats were installed in thirteen venues.
Commonwealth Games   Gold Coast 2018
Matmut Stadium Inauguration
The project to renovate and modernise the Matmut Stadium in Gerland, launched by Olivier Ginon, the Chairman of GL events, highlights the Group's expertise in terms of engineering, architecture and asset management. The stadium is now home to the LOU Rugby team.
© Nicolas Rodet
Matmut Stadium Inauguration
Geek and Games at the Riocentro
Brazil’s largest event devoted to pop culture and video games is organised and hosted by GL events at the Riocentro, in Rio de Janeiro.
© Light Press 2017
Geek and Games at the Riocentro
Cannes Film Festival
For more than 20 years, GL events has been providing top-of-the-range, tailor-made services for one of the world's most prestigious film festivals.
© Alexandra Fleurantin
Cannes Film Festival
Equita Lyon
The Lyon Equestrian Show, organised and hosted by GL events at Eurexpo, is the largest indoor equestrian event in France.
© Gilles Galoyer
Equita Lyon
"Nuits Sonores" Music Festival
GL events provides the audiovisual services for this major electronic music festival!
© Laure Rousville
"Nuits Sonores" Music Festival
Sirha Green
The first trade fair devoted to ecological food-services. Organised and hosted by GL events, the event brings together the sector’s professionals to address the issues of social and environmental responsibility.
© Diph Photography
Sirha Green
Première Vision Paris
Organised and hosted by GL events, the reference event for the fashion world was held at the Maison de la Mutualité in Paris. It owes its success to its avant-garde selection, bringing together many new products, services and innovations.
© Alexandra Fleurantin
Première Vision Paris
Light Festival Lyon
GL events Audiovisual, an official partner and service provider to the Lyon Light Festival, draws on its expertise and talent for several artistic projects in various venues during this international event.
© Thierry Perre / Partners’ Club of the ‘Fête des Lumières’ / Lyon Light Festival 2017
Light Festival Lyon
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
Code LEI : 9695002PXZMQNBPY2P44

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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2017