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Market: Eurolist compartment B
Where listed: Euronext Paris (France)
Code or symbol: ALTA
ISIN Code: FR0000033219
PEA/SRD* Eligibility: Yes/No
2005 Dividend: -
Number of shares: 5,761,504
Main index : CAC AllShares

Principal shareholders:
1. Alain Taravella and SAS ALTAFI: 61.22%
2. MSRESS II Valmur T and TE BV: 17.98 %
3. Jacques Nicolet and SAS JN INVESTISSEMENTS: 9.86 %

ALTAREA, which was absorbed by IMAFFINE when the merger took place on 24 December 2004, had taken control of IMAFFINE on 2 September 2004 by buying 92.47% of the capital from the AFFINE group. This takeover was followed by a share price guarantee which was the subject of a prospectus approved by the AMF under no. 04-914, also on 19 November 2004.

In the context of this share price guarantee, ALTAREA purchased 6,500 IMAFFINE shares so that prior to the merger, ALTAREA owned 363,524 IMAFFINE shares representing 94.15% of its share capital.

Following the merger on 24 December 2004, which was published in a document approved by the AMF under no. 04-913, dated 19 November 2004, IMAFFINE changed its name to ALTAREA.

The merger approved by the respective Extraordinary General Meetings of ALTAREA and IMAFFINE held on 24 December 2004 led to the issue of 5,137,671 new shares with a rounded par value of 15.28 euros, representing an increase in the share capital of a nominal total amount of 78,510,252 euros and increasing it to 84,410,252 euros divided into 5,523,764 shares. The new shares were admitted for trading on the Second Market of Euronext Paris SA. Following the reform of the Euronext list, they are now admitted for trading on the Eurolist (compartment B) market of Euronext Paris.
>> Download the 2004 Annual Report [PDF, 4.4mb]
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