Update 21 September 2021
In a media release dated 21 September 2021, Vivendi SE confirmed the share allocation ratio announced, whereby eligible Vivendi SE shareholders are entitled to receive one UMG-NV-share for every Vivendi-SE-share held.
Please see also latest Corporate Action Info which is Info 004 and downloadable below as well as any relevant news board message.
The company Vivendi SE has announced the spin-off of Universal Music Group (UMG) as an independent company. Vivendi SE Shareholders shall be entitled to receive for every Vivendi SE-NV-share one UMG-NV-share.
More information about this transaction is available on the company`s website under www.vivendi.com.
The spin-off will result in an adjustment of the above-mentioned contracts.
Adjustment result:
No adjstment was done in 1VVU and TVVU. These contracts therefore continue to be listed on Vivendi only.