Unanimous approval by shareholders of the PlanetArt sale
Intended closing date: June 30, 2025
Paris, France – June 27, 2025, 6:30 p.m. (CET). The Ordinary General Meeting of Claranova shareholders was held today at 11 a.m. at the Business Center Tour Egée, 9-11 Allée de l’Arche, 92400 Courbevoie, under the chair of Mr. Craig Forman, Lead Independent Director and Vice-Chairman of Claranova’s Board of Directors.
This General Meeting was marked once again by an important level of participation, with 589 shareholders present, represented or voting by correspondence, representing a total of 23,793,767 shares, i.e. a quorum of 41.63%.
A large consensus in favor of the PlanetArt sale
At the meeting, management reviewed the agreement to sell PlanetArt signed on June 22 of this year[1], explained in detail the loan repayments to be made from the proceeds of this sale, and presented the new structure of the Group, which will henceforth focus exclusively on software publishing. The meeting was distinguished by a relaxed atmosphere that contributed to a varied and constructive exchange between shareholders and management.
The resolution concerning the sale of PlanetArt to General Atlantic Credit’s Atlantic Park fund and PlanetArt’s management team was approved by over 99%, attesting to the overwhelming support of shareholders for this transaction. Reinforced by this support, Claranova will be able to finalize the sale of its e-commerce division for personalized objects on Monday June 30, 2025, and complete its transformation into a pure-play SaaS[2] provider.
The other resolutions on the agenda were also approved by more than 99% of the shareholders.
Eric Gareau, Chief Executive Officer of Claranova, commented: “I wish to express my sincerest thanks to all our shareholders for their commitment and confidence. Their overwhelming support validates our decision to refocus Claranova on its software activities. This is an important step that we are taking together, to build a stronger, more dynamic Group looking ahead to a more profitable future.”
[1] Press release of June 23, 2025. [2] Software as a Service