Roissy, December 23, 2016
Sale by Air France-KLM of Amadeus shares representing around 1.13% of the share capital
Air France-KLM sold a total of 4,950,000 shares of Amadeus IT Group, S.A. ("Amadeus"), representing around 1.13% of the share capital of Amadeus, in connection with the unwind and termination of part of Air France`s then existing hedge transaction over 9,900,000 Amadeus shares.
The net proceeds of the transaction amounts to 201 million euros.
Air France-KLM retained its hedge over 4,950,000 shares, which represents around 1.13% of the share capital of Amadeus.
This sale is part of Air France-KLM active balance sheet management policy. With this operation, Air France-KLM pursues its debt reduction strategy.
Investor relations
Marie-Agnès de Peslouan Dirk Voermans
+33 1 49 89 52 59 +33 1 49 89 52 60
madepeslouan@airfranceklm.com divoermans@airfranceklm.com
Press +33 1 41 56 56 00
Air France-KLM: Sale of Amadeus shares
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Source: AIR FRANCE - KLM via GlobeNewswire
HUG#2067552