(BFM Stock Exchange) – The company’s reference shareholders, the Deconinck family and Wendel, intend to submit a public withdrawal of withdrawal followed by a compulsory withdrawal targeting the titles of the specialist in the floor coverings that he does not hold at a price of 16 euros per share.

The future of Tarkett will soon be written outside the parquet floors of the Paris Stock Exchange. Tarkett Participation, its control shareholder, announced Thursday, February 20, its intention to file a public withdrawal offer (OPR), which will be followed by a compulsory withdrawal on the actions of the specialist in the floor coverings that it does not have.

It should be a formality for Tarkett Participation, a company controlled by the Deconinck family and in which Wendel has invested as a minority shareholder. This shareholder concert to date has 90.35% of Tarkett’s capital. and 94.66% of Tarkett’s voting rights.

At the head, therefore, more than 90% of the capital and voting rights since September 2021, Tarkett Participation estimates that it is now appropriate to recover the balance of Tarkett shares still in circulation and to release the company entry to the Stock Exchange from Paris in 2013.

A price of 16 euros per share

To do this, Tarkett Participation intends to formulate its offer at a price of 16 euros per share, representing a premium of 32.3% and 37.5% compared to the average respectively of the stock market prices weighted by the volumes of 20 and 60 last days of scholarship. The planned price of 16 euros also exteriorizes a premium of 18.1% compared to the last closing course before the announcement of the offer.

On the Paris Stock Exchange, the Takett course which was established Thursday evening at 13.55 euros logically take off this Friday, February 21 to get closer to the expected OPR price, an increase of 17% to 15.85 euros.

This is the end of a long stock market serpent. But for the latest minority shareholders of Tarkett, this epilogue leaves a bitter taste. The OPR price is much less than the 20 euros offered by the Deconinck family with the support of the Wendel investment company to get the company out of the coast in spring 2021.

The supervisory board for its part welcomed favorably and unanimously this draft public offer followed by a compulsory withdrawal. The OPR will be filed in the coming days with the Autorité des Marchés Financiers and then, subject to its decision of compliance, would take place during the month of April.

A Parisian rating that is becoming more and more …

Tarkett is expected to join several medium -sized companies that have recently left the Paris Stock Exchange or are about to leave it following an OPA. The producer of Renewable Energies Neoen should say “goodbye” on the Paris Stock Exchange in March 2025, the date on which the Brookfield Canadian Fund of the Canadian Fund is planned. Like Esker, whose compulsory withdrawal must take place on March 3, after the success of the OPA launched by Boréal Bidco in December 2024.

The specialist in Exclusive Cybersecurity Networks is also a serious candidate for a departure from the Paris Stock Exchange in the coming weeks.

Cost withdrawals have tended to accelerate in recent years, while the IPOs are becoming rarer. According to EY cabinet, 36 companies left the Parisian side in 2024, after 3123. For their part, the IPOs registered just four last year, after six in 2023. Which logically led to a impoverishment of the Parisian coast.