MBWS (MBW): MARIE BRIZARD WINE & SPIRITS FRANCE EXITS ITS CONTINUATION PLAN - raport 9

Raport bieżący nr 9/2016

Podstawa Prawna: Inne uregulowania
Ivry-sur-Seine, 17 March 2016

MARIE BRIZARD WINE & SPIRITS FRANCE EXITS ITS CONTINUATION PLAN

Marie Brizard Wine & Spirits (Euronext Paris: MBWS) today announces the exit from the continuation plan of its French subsidiary, Marie Brizard Wine & Spirits France, which incorporates the majority of the Group’s activities in France and which notably owns the Marie Brizard and William Peel brands.

On 17 March 2016, Marie Brizard Wine & Spirits France decided to carry out the early repayment of the debt accepted within the framework of its continuation plan and to place the disputed sums in an escrow account. This payment, entirely realized through equity capital, was made to the Administrator appointed to oversee the plan’s execution.

This exit will be presented to the Dijon Commercial Court at a hearing scheduled for 29 March 2016, the aim of which will be to ascertain Brizard Wine & Spirits France’s exit from its continuation plan.

Jean-Noël Reynaud, CEO of Marie Brizard Wine & Spirits, comments: “The exit from the continuation plan of our subsidiary, Marie Brizard Wine & Spirits France, represents the first step towards our Group’s full exit from its continuation plan that should become effective in the coming months. We had announced it and will do so 4 years earlier than scheduled. This initiative has been made possible by the continual improvement in our financial profile over the last 18 months, which has provided us with a sufficient cash position to entirely reimburse our continuation plan debt.”

About Marie Brizard Wine & Spirits

Marie Brizard Wine & Spirits is a wine and spirits group operating in Europe and the United States. Marie Brizard Wine & Spirits stands out through its know-how, its assortment of brands with a long tradition and a spirit firmly focused on innovation. From the founding of Maison Marie Brizard in 1755 to the launch of Fruits and Wine in 2010, the Marie Brizard Wine & Spirits group has shown an ability to develop its brands in a modern way whilst respecting their origins.

Marie Brizard Wine & Spirits is committed to providing value by offering its clients trustworthy and audacious brands packed with flavours and experiences. Today, the Group has a consistent portfolio of brands that are leaders on their respective segments, and notably William Peel, Sobieski, Fruits and Wine and Marie Brizard.

Marie Brizard Wine & Spirits is listed on Compartment B of Euronext Paris (FR0000060873 - MBWS) and is included in the EnterNext© PEA-PME 150 index.

Contacts:

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Simon Zaks / Caroline Simon

szaks@image7.fr / caroline.simon@image7.fr

Tel: +33 (0)1 53 70 74 63 / +33 (0)1 53 70 74 65

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