April

Equities

APR

FR0004037125

Real-time Euronext Paris Other stock markets 09:05:07 08/07/2020 pm IST			5-day change	1st Jan Change
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22/01	April SA acquired Lexham Insurance Consultants Limited.	CI
2023	KKR & Co. Inc. completed the acquisition of an unknown majority stake in April Group SA from CVC Capital Partners VII, LP managed by CVC Capital Partners Limited.	CI

APRIL: Purchase agreement regarding the transfer of legal protection and services signed

November 18, 2019 at 10:20 pm IST

APRIL: Purchase agreement regarding the transfer of legal protection and services signed

Following the entry into exclusive negotiations announced on
18 September 2019, the APRIL group announced today the conclusion of an agreement to sell its legal protection and services activities in France, carried out by its subsidiaries Solucia PJ and Judicial.

This agreement was reached following, in particular, the completion of the applicable employee information and consultation procedures by Solucia PJ and Judicial, as well as the end of negotiations between APRIL and a consortium led by the mutual insurance company Tutélaire and the management of Solucia. As a result, the parties signed today an agreement to transfer APRIL's stake, representing 100% of the capital of Solucia PJ and Judicial.

As a reminder, this decision is in line with the refocusing and development strategy initiated by the group around brokerage activities in five key markets (individual health and personal protection, professionals and VSEs, loan insurance, international health and property and casualty niches), as announced on 18 March 2019.

Final agreement remains subject to the prior approval of the ACPR for the sale of Solucia. Sale of the companies is expected to take place in the first quarter of 2020.

CONTACTS

Analysts and investors
Guillaume Cerezo: +33 (0)4 72 36 49 31 / +33 (0)6 20 26 06 24 – guillaume.cerezo@april.com

Press
Samantha Druon: +33 (0)7 64 01 74 35 – samantha.druon@insign.fr

This release contains forward-looking statements that are based on assessments or assumptions that were reasonable at the date of the release, and which may change or be altered due, in particular, to random events or uncertainties and risks relating to the economic, financial, regulatory and competitive environment, the risks set out in the 2018 Registration Document, and any risks that are unknown or non-material to date that may subsequently occur. The Company undertakes to publish or disclose any adjustments or updates to this information as part of the periodic and permanent information obligation to which all listed companies are subject.

About the APRIL Group

Founded in 1988, APRIL is an international insurance services group operating in 28 countries, whose primary goal is to offer its clients a simpler and more accessible insurance experience. Its 3,900 staff members design, distribute and manage specialised insurance solutions (Health & Personal Protection, Property & Casualty, Mobility and Legal Protection) and assistance services for its partners and customers, including private individuals, professionals and businesses. Listed on Euronext Paris (Compartment B), the group posted sales of €997.2m in 2018.

Attachment

APRIL CP Signing PJ VDEF EN 18.11.2019

Latest news about April

April SA acquired Lexham Insurance Consultants Limited.	22/01	CI
KKR & Co. Inc. completed the acquisition of an unknown majority stake in April Group SA from CVC Capital Partners VII, LP managed by CVC Capital Partners Limited.	20/23/20	CI
April: EU approves acquisition by KKR	23/23/23	CF
KKR & Co. Inc. agreed to acquire an unknown majority stake in April Group SA from CVC Capital Partners VII, LP managed by CVC Capital Partners Limited.	25/22/25	CI
The April Group Establishes an Entity in Germany	17/22/17	CI
April SA acquired unknown majority stake of Magnacarta.	30/22/30	CI
Watford Holdings Ltd. completed the acquisition of Axeria IARD S.A. from April SA.	09/21/09	CI
GFP acquired CETIM, SA from April SA.	16/21/16	CI
April SA acquired Comparadise Groupe from Blackfin Capital Partners SAS.	10/20/10	CI
ELOA SASU announced that it has received €5 million in funding from April SA and other investors	05/20/05	CI
Zambia aims to clinch debt restructuring deal by April - finance minister	30/20/30	RE
Topps Tiles : sees full-year revenue drop on muted commercial demand recovery	30/20/30	RE
UK house price rise speeds up in September - Nationwide	30/20/30	RE
UK 2Q GDP Shrank Less Than Estimated	30/20/30	DJ
Thailand set for 50,000 foreign tourists in Q4, down 99.5% -industry body	30/20/30	RE
Management Team of April SA acquired Voyage Activity in Brazil from April SA.	03/20/03	CI
April SA(ENXTPA:APR) dropped from CAC AllShares Index	09/20/09	CI
April Sa Reports Earnings Results for the Full Year Ended December 31, 2019	11/20/11	CI
CVC Capital Partners VII, LP, managed by CVC Capital Partners Limited acquired an additional 11.17% stake in April SA from Persée Participations and others for approximately €100 million.	31/19/31	CI
Watford Holdings Ltd. entered into a share purchase agreement to acquire Axeria IARD S.A. from April SA.	06/19/06	CI
Matthieu Drouet and Jean-Philippe Lardennois acquired April International Voyage from April SA in a management buyout transaction.	03/19/03	CI
A consortium led by Tutélaire and the management of Solucia Protection Juridique SA reached an agreement to acquire Judicial SAS and Solucia Protection Juridique SA from April SA.	18/19/18	CI
APRIL Announces Management Changes	05/19/05	CI
April Société Anonyme Reports Earnings Results for the Half Year Ended June 30, 2019	05/19/05	CI
CVC Capital Partners VII, LP, fund managed by CVC Capital Partners Limited, Evolem and the management of April SA completed the acquisition of additional 12.5% stake in April SA for approximately €110 million.	26/19/26	CI

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Company Profile

April designs, sells and manages insurance products through independent distributors (primarily insurance consultants, general agents and brokers). The group also offers services such as development consulting, business mentoring, and training. Net sales (including intragroup) break down by activity as follows: - health insurance and planning (66%); - general insurance (34%): automotive and home insurance, travel insurance (for travel agencies and tour operators), title insurance, business risk insurance, real estate transaction insurance, and technical consumer goods, etc. France account for 86.6% of net sales.

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