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Valuation of preference shares

Valuation of preference shares

Sorgem Evaluation advised 17 Juin Media on the implementation of a management package

For 17 Juin Media, a television programme production company, Sorgem Evaluation carried out a valuation analysis of its preference shares.

Founded in September 1992 by Mr Christian Gerin, 17 Juin Media is a television programme production company specialising in the production of magazine programmes, talk shows, feature reports and documentaries. 17 Juin Media is particularly active in the fields of heritage documentaries, health and culture. Its flagship programme is *Le Magazine de la Santé*, presented by Dr Marina Carrère d’Encausse, Dr Michel Cymes and Mr Benoît Thevenet.

Newen, a major player in audiovisual production and distribution in France, comprising more than 25 production companies, has acquired 17 Juin Média.

In this context, a share issue involving preference shares was being considered, and we were commissioned to provide our opinion on the current value of these shares.

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