Deezer, a leading global music streaming platform, debuts today its listing on the Euronext Paris Stock Exchange - Seite 2
resources, Deezer, while keeping its capital efficiency intends to accelerate
its innovation leadership and focus on delivering the best streaming product to
our clients and partners. Deezer's unique positioning as an independent
innovator promoting third party audio content and music in an expanding market
make us very optimistic for its future."
Iris Knobloch, Vice-Chairwoman of the Board of Directors of Deezer declared :
"We launched I2PO, the first European SPAC dedicated to entertainment and
leisure, with the ambition to take a European champion to new heights. In
Deezer, we have found the ideal combination as its new management team has
positioned the company extremely well to capture a significant share in the
booming music streaming growth with its well-established brand, outstanding tech
capabilities, and scalable platform.
While Deezer enters a hugely exciting expansion phase and its listing is a
formidable achievement, today also marks the beginning of a new phase of
profitable growth paired with a focus on delivering long-term shareholder value
as a publicly traded company ."
The I2PO Board of Directors' meeting held today:
- acknowledged the completion of the capital increase decided by I2PO's
shareholders' meeting of June 30, 2022 for a total amount (issuance premium
included) of EUR119 million reserved to certain identified investors including
Groupe Artémis, one of I2PO's founders, most of the existing shareholders of
Deezer and in particular, Access Industries, UMG, Warner Music, Orange,
Kingdom Holding, Eurazeo, and Xavier Niel, as well as a selected group of
long-term French and international investors including Bpifrance and
Média-Participations (the " PIPE ");
- acknowledged the completion of the other conditions precedent provided for by
the merger agreement entered into I2PO and Deezer on May 24, 2022;
- acknowledged the completion of the merger of Deezer with and into I2PO;
- acknowledged the modification of the governance of I2PO and in particular the
appointment of Guillaume d'Hauteville, Jeronimo Folgueira, Hans-Holger
Albrecht, Amanda Cameron, Sophie Guiyesse, Valérie Accary and Mari Thjømøe;
- acknowledged the change of name of I2PO into Deezer;
- decided the appointment of Jeronimo Folgueira as Chief Executive Office of
I2PO (renamed Deezer) in replacement of Iris Knobloch;
- decided the appointment of Guillaume d'Hauteville as new Chairman of the Board
of Directors and the appointment of Iris Knobloch as new Vice-Chairwoman of
the Board of Directors;
- reminded that Deezer will redeem, no later than August 4, 2022, the class B
preferred shares held by the shareholders having informed the company of
formidable achievement, today also marks the beginning of a new phase of
profitable growth paired with a focus on delivering long-term shareholder value
as a publicly traded company ."
The I2PO Board of Directors' meeting held today:
- acknowledged the completion of the capital increase decided by I2PO's
shareholders' meeting of June 30, 2022 for a total amount (issuance premium
included) of EUR119 million reserved to certain identified investors including
Groupe Artémis, one of I2PO's founders, most of the existing shareholders of
Deezer and in particular, Access Industries, UMG, Warner Music, Orange,
Kingdom Holding, Eurazeo, and Xavier Niel, as well as a selected group of
long-term French and international investors including Bpifrance and
Média-Participations (the " PIPE ");
- acknowledged the completion of the other conditions precedent provided for by
the merger agreement entered into I2PO and Deezer on May 24, 2022;
- acknowledged the completion of the merger of Deezer with and into I2PO;
- acknowledged the modification of the governance of I2PO and in particular the
appointment of Guillaume d'Hauteville, Jeronimo Folgueira, Hans-Holger
Albrecht, Amanda Cameron, Sophie Guiyesse, Valérie Accary and Mari Thjømøe;
- acknowledged the change of name of I2PO into Deezer;
- decided the appointment of Jeronimo Folgueira as Chief Executive Office of
I2PO (renamed Deezer) in replacement of Iris Knobloch;
- decided the appointment of Guillaume d'Hauteville as new Chairman of the Board
of Directors and the appointment of Iris Knobloch as new Vice-Chairwoman of
the Board of Directors;
- reminded that Deezer will redeem, no later than August 4, 2022, the class B
preferred shares held by the shareholders having informed the company of
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