FRANCE - IDI aims to raise additional EUR 50m

The firm will offer 1,358,122 new shares (not including green shoe) at a unitary price of EUR 37. The offer will dilute majority shareholder Ancelle & Associés/Financière Neuilly Madrid from 78.1% of shares to 63.9% (or 62.2% if the green shoe is fully allocated).

Since its IPO in 1991, IDI has provided shareholders with average annual retuns of 20.5% (with reinvested dividends).

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