ADP and RSG will not renew cooperation agreement
Aéroports de Paris and Royal Schiphol Group will not renew the HubLink industrial cooperation agreement, which will expire on 30 November 2021*. The current agreements provide a mechanism to unwind the cross-shareholding between Aéroports de Paris and Royal Schiphol Group which will come into effect on that date. This mechanism organizes an orderly sale of the shares over a period of 18 months, i.e. until 30 May 2023.
This press release contains information that qualifies as inside information about Royal Schiphol Group within the meaning of Article 7(1) of the Market Abuse Regulation (596/2014/EU).
*For a description of the Exit agreement between Aéroports de Paris and Royal Schiphol Group, see section 16.4 of the ADP's 2020 Universal Registration Document.