Cnova N.V. Publishes its 2015 Dutch Annual Financial Report
September 27 2016 - 1:45AM
CNOVA
N.V.
Publishes its 2015 Dutch Annual Financial Report
AMSTERDAM, September 27, 2016,
07:45 CEST - Cnova N.V. (NASDAQ and Euronext Paris: CNV; ISIN:
NL0010949392) ("Cnova" or the "Company") today published its Dutch
annual financial report, which, strictly in line with its
previously filed 2015 Annual Report on Form 20-F, includes audited
annual statutory financial statements as of and for the year ended
December 31, 2015. The Dutch annual financial report, required by
Dutch law, was filed with the Dutch Authority for the Financial
Markets (Autoriteit Financiële Markten) and on a Form 6-K with the
U.S. Securities and Exchange Commission ("SEC") on that same date.
These documents are available on www.cnova.com. The Form 6-K can
also be downloaded from the SEC's website (www.sec.gov).
***
Cnova Investor Relations Contact:
Cnova N.V.
Head of Investor Relations
+31 20 795 06 71
investor@cnova.com |
Media Contact:
Cnova N.V.
Head of Communications
+ 31 20 795 06 76
directiondelacommunication@cnovagroup.com |
***
About Cnova
N.V.
Cnova N.V., one of the world's largest e-Commerce
companies, serves 14 million active customers via state-of-the-art
e-tail websites: Cdiscount in France, Brazil and the Ivory Coast;
Extra.com.br, Pontofrio.com and Casasbahia.com.br in Brazil. Cnova
N.V.'s product offering of close to 37 million items provides its
clients with a wide variety of very competitively priced goods,
several fast and customer-convenient delivery options as well as
practical payment solutions. Cnova N.V. is part of Groupe Casino, a
global diversified retailer. Cnova N.V.'s news releases are
available at www.cnova.com. Information available on, or accessible
through, the sites referenced above is not part of this press
release.
This press
release contains regulated information (gereglementeerde
informatie) within the meaning of the Dutch Financial Supervision
Act (Wet op het financieel toezicht) which must be made publicly
available pursuant to Dutch and French law. This press release is
intended for information purposes only.
Forward-Looking
Statements
This press
release contains forward-looking statements within the meaning of
the U.S. Private Securities Litigation Reform Act of 1995, Section
27A of the U.S. Securities Act of 1933, as amended, and Section 21E
of the U.S. Securities Exchange Act of 1934, as amended. Such
forward-looking statements may generally be identified by words
like "anticipate," "assume," "believe," "continue," "could,"
"estimate," "expect," "intend," "may," "plan," "potential,"
"predict," "project," "future," "will," "seek" and similar terms or
phrases. Examples of forward-looking statements include, but
are not limited to, statements made regarding the possibility,
timing and other terms and conditions of the proposed transaction
and the related offer by the Company's controlling shareholder
Casino, Guichard-Perrachon ("Casino") for the outstanding shares of
Cnova. The forward-looking statements contained in this press
release are based on management's current expectations, which are
subject to uncertainty, risks and changes in circumstances that are
difficult to predict and many of which are outside of Cnova's
control. Important factors that could cause Cnova's actual results
to differ materially from those indicated in the forward-looking
statements include, among others: the ability to obtain required
shareholder approvals for closing of the corporate reorganization
in Brazil (the "Reorganization"); the ability to complete the
Reorganization and other transactions and the timing of completion
of the Reorganization and such other transactions; the effect of
the announcement of the Reorganization on the ability of the
Company to retain and hire key personnel, maintain relationships
with its customers and suppliers, and maintain its operating
results and business generally; the outcome of any legal
proceedings that may be instituted against the Company and others
relating to the reorganization agreement, dated as of August 8,
2016, between Cnova Brazil, Via Varejo and Cnova (the
"Reorganization Agreement"); the occurrence of any other event,
change or other circumstance that could give rise to the
termination of the Reorganization Agreement; changes in global,
national, regional or local economic, business, competitive, market
or regulatory conditions; and other factors discussed under the
heading "Risk Factors" in the U.S. Annual Report on the Form 20-F
for the year ended December 31, 2015 filed with the SEC on
July 22, 2016 and other documents filed with or furnished to the
SEC. Any forward-looking statements made in this press release
speak only as of the date hereof. Factors or events that could
cause Cnova's actual results to differ from the statements
contained herein may emerge from time to time, and it is not
possible for Cnova to predict all of them. Except as required by
law, Cnova undertakes no obligation to publicly update any
forward-looking statements, whether as a result of new information,
future developments or otherwise.
Cnova Dutch AR ENG
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Cnova N.V. via Globenewswire
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