EROLD: Management Reform: Amalric Poncet will take over the Group’s General Management – The first window for the conversion of OCAs into shares from June 1, 2023 to June 30, 2023 – 05/30/2023 at 6:00 p.m.

EROLD (FR0010211037 – ALPLA), announces that the Board of Directors, headed by Mr. Hervé Dumesny, during his meeting today, appointed one of his members, Mr. Amalric Poncet, on Group Executive Management.

As agreed in June, he will succeed Mr. Patrice Angot, who temporarily accepted the position of Chief Executive Officer following the sudden death of Mr. Thierry Casseville at the end of 2022.

Mr. Amalric Poncet, 54, will carry out this work in parallel with his position as Deputy Managing Director of the Marie Claire Group (GMC). Amalric Poncet has more than 25 years of experience in the digitalization of newspaper and magazine publishers. He created and managed MagicMaman for 10 years before selling it to GMC in 2009. He then became GMC’s Digital Director before joining its Executive Management in 2014.

This appointment is in line with GMC’s strategic commitment to Erold. It confirms the strategic desire to greatly accelerate cooperation and understanding between teams. Amalric Poncet will work closely with Stéphanie Tricot, Deputy General Manager.

As indicated in the press release of April 28, 2023, the Group continues its recovery thanks to the financial support of 1.2 million Euros distributed between:

– current account contribution of Holding EVELYNE PROUVOST

[1]

0.54 million euros

– subscription of bonds in shares (OCA) for €0.66 million was successfully executed at the end of April 2023

All subscribers benefit from the “new money” opportunity provided in Article L 611-11 of the Commercial Code.

The Group also received a moratorium on payment deadlines until August 2024 with bank partners as well as a modification of the tax payments on the properties where the Group lives.

The Board of Directors also notes that the first window for the conversion of OCAs into shares, at the rate of 1 new share for 1 OCA, will open from 1.
^er
June 2023 to June 30, 2023. Any conversion request made after June 30 will be considered from June 1.
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June the following year.

Hervé Dumesny, Chairman of the Board of Directors of Erold

, said: “The arrival of Amalric Poncet as General Manager of Erold is very good news. It confirms the desire for a strategic partnership with GMC, which has given us all its financial support in the last few months. Amalric Poncet, as a recognized manager and digital expert, is in the best position to accelerate the sharing of knowledge and collaborations between the teams and to relaunch Erold’s activities. The Board would like to thank Patrice Angot who led the Group in difficult circumstances following the sudden death of Thierry Casseville. Patrice led the reconciliation process well”

Amalric Poncet

, said: “I am honored to accept the role of CEO of Erold in addition to my responsibilities within the GMC Group. Erold has developed marketing expertise for over 20 years and powerful editorial material for the elderly target, much sought after by advertisers today. This is a strategic investment for GMC and I look forward to working with all staff to re-launch and develop operations, particularly by accelerating technological and commercial interactions with GMC teams. I am convinced of the possibility of creating shared value between the two groups”

Next communication: Half-year earnings on 27 July 2023

ABOUT EROLD

Founded in 2000, EROLD is an independent digital media group for the 50+ age group. Editor of Planet.fr, FemmesPlus.fr, Medisite.fr and e-sante.fr websites. EROLD brings together more than a million visitors every day thanks to its editorial content on the topics of News, Women and Health.

Thanks to this strong and powerful audience of 3 million subscribers to its daily newsletters, EROLD is therefore placed among the “Data” leaders in the sectors “Men and Women aged 50 and over”, “Personal Finance “, “Health and Wellness” .Be” vis-à-vis advertisers.

EROLD is listed on Euronext Growth in Paris – ISIN Code: FR0010211037 – Ticker: ALPLA

Find all shareholder information at www.erold.fr.

COMMUNICATION

Contact Erold

Stéphanie Tricot, Deputy General Manager

+33 (0)1 53 06 61 39

investors@erold.fr

Contact Financial Information

Guillaume Le Floch

+33 (0)1 53 67 36 70

erold@actus.fr

[1]

Major shareholder of Marie Claire Group (GMC) and reference shareholder of Erold

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Full and original press release in PDF format:

https://www.actusnews.com/news/80163-erold-cp-30-mai-vf.pdf