Cnova : N.V. files Transaction Statement on Schedule 13E-3 with U.S. Securities and Exchange Commission

Cnova N.V. files Transaction Statement on Schedule 13E-3
with U.S. Securities and Exchange Commission

AMSTERDAM, August 23, 2016, 23:35 CEST - Cnova N.V. (NASDAQ and Euronext Paris: CNV; ISIN: NL0010949392) ("Cnova" or the "Company") today filed a Transaction Statement on Schedule 13E-3 with the U.S. Securities and Exchange Commission in connection with the previously announced reorganization of the Company's Brazilian subsidiary, Cnova Comércio Eletrônico  S.A., within Via Varejo S.A. 

The Transaction Statement and the exhibits to the Transaction Statement, including a preliminary supplemental information statement, contain relevant information about this reorganization.

The Transaction Statement and the exhibits thereto are available to investors through the SEC's EDGAR filing system, at www.sec.gov, and the preliminary supplemental information statement is also available on the website of Cnova, www.Cnova.com.

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About Cnova N.V.
Cnova N.V., one of the world's largest e-Commerce companies, serves 14 million active customers via state-of-the-art e-tail websites: Cdiscount in France, Brazil and the Ivory Coast; Extra.com.br, Pontofrio.com and Casasbahia.com.br in Brazil. Cnova N.V.'s product offering of close to 37 million items provides its clients with a wide variety of very competitively priced goods, several fast and customer-convenient delivery options as well as practical payment solutions. Cnova N.V. is part of Groupe Casino, a global diversified retailer. Cnova N.V.'s news releases are available at www.cnova.com. Information available on, or accessible through, the sites referenced above is not part of this press release.

This press release contains regulated information (gereglementeerde informatie) within the meaning of the Dutch Financial Supervision Act (Wet op het financieel toezicht) which must be made publicly available pursuant to Dutch and French law. This press release is intended for information purposes only.

Important Information for Investors and Security Holders
This press release is neither an offer to purchase nor a solicitation of an offer to sell securities.  Investors are advised to read Casino's tender offer statement if and when an offer is commenced because it will contain important information. 
The potential tender offer for Cnova's outstanding ordinary shares, par value €0.05 per share, described in the Transaction Statement has not commenced and may never commence. If and when the offer is commenced, Casino will file a tender offer statement on Schedule TO with the U.S. Securities and Exchange Commission (the "SEC"), Cnova will timely file a solicitation/recommendation statement on Schedule 14D-9, with respect to the offer, Casino will file a draft tender offer memorandum (projet de note d'information) with the French Autorité des marchés financiers ("AMF")  and Cnova will timely file a draft memorandum in response (projet de note d'information en réponse) including the recommendation of its board of directors, with respect to the offer. Casino and Cnova intend to mail these documents to the shareholders of Cnova.  Any tender offer document and any document containing a recommendation with respect to the offer statement (including any offer to purchase, any related letter of transmittal and other offer documents) and the solicitation/recommendation statement will contain important information that should be read carefully before any decision is made with respect to any tender offer.  Those materials, as amended from time to time, will be made available to Cnova's shareholders at no expense to them at www.cnova.com.  In addition, any tender offer materials and other documents that Casino and/or Cnova may file with the SEC and the AMF will be made available to all investors and shareholders of Cnova free of charge at www.groupe-casino.fr and www.cnova.com.  Unless otherwise required by law, all of those materials (and all other offer documents filed with the SEC and the AMF) will be available at no charge on the SEC's website:  www.sec.gov and on the AMF's website: www.amf-france.org.  Documents may also be obtained from Cnova upon written request to the Investor Relations Department, WTC Schiphol Airport, Tower D, 7th Floor, Schiphol Boulevard 273, 1118 BH Schiphol, The Netherlands, telephone number +31 20 795 06 71.