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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Argan | EU:ARG | Euronext | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.50 | 0.79% | 63.50 | 63.30 | 63.60 | 63.50 | 62.70 | 62.70 | 762 | 08:05:28 |
From Nov 2024 to Dec 2024
Press release – Neuilly-sur-Seine, November 22, 2024 – 5.45 pm
Change in ARGAN’s Supervisory Board
ARGAN takes note of the resignation of Mr. François-Régis de Causans from his position as a member of the Supervisory Board, effective immediately, for personal reasons.
The Supervisory Board is therefore now composed of seven members, including two independent members.
Furthermore, as announced on October 221 during the communication regarding the signing of a new shareholding pact between the Le Lan family and Predica, it is reiterated that a governance change will be put to shareholders at the next ordinary general meeting, scheduled for March 20, 2025. At that time, the Supervisory Board would be reduced to six members, including two independent members, representing 33% of the Board’s composition.
Mr. Jean-Claude Le Lan, Chairman of the Supervisory Board, wishes to express his heartfelt thanks to Mr. François-Régis de Causans for his dedication to the work of the Supervisory Board since his initial appointment in 2016.
2025 financial calendar (Publication of the press release after closing of the stock exchange)
About ARGAN
ARGAN is the only French real estate company specializing in the DEVELOPMENT & RENTAL OF PREMIUM WAREHOUSES listed on EURONEXT and is the leading player of its market. Building on a unique client-tenant-centric approach, ARGAN builds pre-let PREMIUM warehouses for blue-chip clients and supports them throughout all project phases from the development milestones to the rental management.
Profitability, tight control over our debt and sustainability are at the heart of ARGAN’s DNA. Its strongly proactive ESG policy has very concrete results with our Aut0nom® concept, the “in-use” Net Zero warehouse.
As at June 30, 2024, our portfolio represented 3.6 million sq.m, across about a hundred warehouses, exclusively located in the continental part of France, and this portfolio was valued €3.8 billion for a yearly rental income of about €200 million.
ARGAN is a listed real estate investment company (French SIIC), on Compartment A of Euronext Paris (ISIN FR0010481960 - ARG) and is included in the Euronext SBF 120, CAC All-Share, EPRA Europe and IEIF SIIC France indices.
www.argan.fr
| Francis Albertinelli – CFO Aymar de Germay – General Secretary Samy Bensaid – Head of Investor Relations Phone: +33 1 47 47 47 40 E-mail: contact@argan.fr www.argan.fr | Marlène Brisset – Media relations Phone: +33 6 59 42 29 35 E-mail: argan@citigatedewerogerson.com |
1 For more information, please refer to the press release dated October 22, 2024.
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1 Year Argan Chart |
1 Month Argan Chart |
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