JCDecaux SE (Euronext Paris: DEC), the number one outdoor advertising company worldwide, announces that it completed, on April 30th, 2026, the sale to NZZ of 325,519 shares of APG|SGA, representing 10.85% of the company’s share capital, in line with the share purchase agreement announced on December 12, 2025.
Post-transaction, JCDecaux holds around 5.6% of APG|SGA’s share capital and retains a seat on the Board of Directors. The transaction generated cash proceeds for JCDecaux of CHF 71.6 million, i.e. c. €79 million before transaction costs.
This transaction complements JCDecaux’s initial disposal of 13.56% of APG|SGA, completed on May 30, 2024. These two deals generated total cash proceeds for JCDecaux of CHF 161.2 million, i.e. c. €169 million before transaction costs.
Jean-François Decaux, Chairman of the Executive Board and Co-CEO of JCDecaux, said: “I would like to thank Daniel Hofer, ex-JCDecaux SE Executive Board member, for his very positive contribution as Chairman of APG|SGA’s board to the development of the company and wish his successor Dr Felix Graf, CEO of NZZ, all the very best. We look forward to contributing to the ongoing success of this great Swiss OOH media company.”