(BFM Stock Exchange) – The company specializing in the distribution and storage of liquid energy products is clearly progressing on the stock market after the Molis family declared that it has strengthened in the capital of Rubis.

Rubis did not escape the turmoil of the financial markets, and lost more than 10% at the end of Wednesday since April 3, session. This withdrawal seems to have given ideas to a weight shareholder of the group who strengthened in the capital of the company specializing in the distribution and storage of liquid energy products.

An opportunistic purchase

In a press release published this Friday, April 11, Rubis said that the family concert Molis, composed, among other things, from the National Navigation Company and led by Patrick Molis crossed, on Monday, April 8, the statutory thresholds of 6%, 7%, 8% and 9% of ordinary shares and Rubis voting rights.

After these deals with the threshold, the family concert now has 9.37 % of the ordinary shares and 9.18 % of Rubis voting rights.

Within this concert, the national navigation company The company of Patrick Molis, has had 9.06 % of ordinary shares and 8.87 % of Rubis voting rights since April 8.

On the Paris Stock Exchange, this announcement Porte Rubis. The title of the specialized energy distributor increased from 7.7% to 25.08 euros this Friday around 2 p.m.

The Molis family therefore strengthens its positions to the capital of Rubis, just over a year after having declared an important crossing of the threshold. In March 2024, she announced in fact holding an participation of more than 5% in the group’s capital via her shareholder concert.

This announcement had occurred shortly after that of Vincent Bolloré who also took a participation of more than 5% in the group’s capital via “plantation of red land”, a company based in Luxembourg.

A shareholder who wants to weigh

The initiative of the Molis family and its company National Navigation Company does not seem trivial while the group’s general assembly will be held on June 12. Without extrapolating the intentions of this shareholder, it seems that with this rise in capital, the Molis family and the national navigation company want to be more audible with the Rubis authorities.

In May 2024, the Rubis Supervisory Board unanimously issued a negative opinion on the resolutions proposed by the National Navigation Company, aimed at deeply recondating the Council and taking control of it. The shareholders then rejected these same proposals at the general assembly, in June 2024.

Last March, Oddo BHF wondered, however, whether activist shareholders (such as Patrick Molis) would not come back to the next general assembly next June.

The design office then said he was waiting for this appointment to find out if these shareholders would manifest themselves to relaunch the speculative attraction of the title, motivated by a scholarship course still withdrawn (-20% compared to the previous general assembly of June 2024).

Particular commandity status

On the occasion of the publication of its 2024 accounts, Rubis had expressed changes to its governance as part of the process of succession of its founders.

The appointment of two non-commanded managers Marc Jacquot and Jean-Christian Bergeron will be offered at the next general meeting. This would be the last stage of the succession process of the founders Gilles Gobin and Jacques Riou who undertake to leave this college of Management in 2027.

Oddo BHF then wrote in a note that the company’s commandity status “was not intended to be modified”. This particular type of governance is often perceived as a fortress in the face of the risk of external control. Our colleagues from BFM Business reported in May 2024 that this status was in the “sights of certain shareholders”.

On the occasion of the publication of its results, Rubis had indicated that its operating result (EBITDA) is between 710 and 760 million euros in 2025. Or an increase of 2% over a year, on the basis of a range of fork of 735 million euros.

“This guidance (projection) is satisfactory compared to expectations”, estimated Oddo BHF which aimed at a gross operating result 2025 of 700 million euros when the consensus quoted by the design office hoped 734 million euros.

Rubis had not ventured to communicate a encrypted net income goal, also pointed out Oddo BHF, which underlined great volatility in non -operational charges (such as exchange loss).