Spir Communication SA is a France-based publishing company that is primarily engaged in the local communication market. The Company offers a range of publications, including free advertising publications, specialized real estate publications and free daily press, as well as services, such as printing, Internet advertising and distribution of printed leaflets. It’s portfolio of printed publications comprises Properties Cote d’Azur, Logic-immo, Demeures & Chateaux, 20 minutes and Elado-Kiado. The Company provides Web portals as well, such as caradisiac.com, lacentrale.fr, Logic-immo.com and topanonces.fr. Spir Communication SA operates a number of subsidiaries, including Regicom, Adrexo, Concept Multimedia and Mobijob SA, among others. It is present in France, Switzerland, Belgium and the Netherlands, among others. As of December 31, 2013, Prepart SCS held a 55.8% stake in the Company’s shareholdings, as well as Sofiouest SA-10,6%.