Bourrelier Group: Expert Maintains Fairness of Mandatory Withdrawal Initiated by M14
JPA firm confirms that the financial terms of the public offer for withdrawal initiated by M14 and the accompanying mandatory withdrawal are fair. The project remains subject to review by the Financial Markets Authority.
An Addendum for the AMF and Half-Year Accounts
Bourrelier Group, whose shares are listed on Euronext Growth in Paris, announced on October 26, 2026 the availability of an addendum to the independent expert report. This report, dated September 2, 2026, was prepared by the JPA firm, represented by Messrs. Jacques Potdevin and Damien Potdevin.
According to the company, the addendum was drafted as part of the AMF's examination of the offer project, in order to respond to the regulator's questions. It also takes into account the consolidated half-year accounts as of June 30, 2026, approved by the board of directors on October 9, 2026.
Rising Half-Year Accounts Integrated into Analysis
The accounts now taken into account by the expert, published by the group on October 9, 2026, show a net income attributable to the group of €12.5 million in the first half of 2026, compared to €6.9 million a year earlier.
Over the same period, the current operating profit increased from €5.9 million to €9.5 million. After integrating this data, the independent expert maintains the fairness of the financial terms of the offer and the mandatory withdrawal.
