SMCP - Liquidity contract
August 05 2024 - 1:40AM
UK Regulatory
SMCP - Liquidity contract
Press release - Paris, August 5th,
2024
Termination and implementation of a
liquidity contract with Rothschild Martin Maurel
On August 2nd, 2024, SMCP terminated the liquidity
contract with BNP Paribas Arbitrage since November 28th,
2017.
On the termination date of this contract, the following assets were
booked to the liquidity account:
- 192 555 SMCP shares
- 141 131, 16 euros
SMCP (ISIN Code: FR0013214145) announces that it has entrusted
Rothschild Martin Maurel with effect from August 5th, 2024 and
until December 31st, 2024, and for a period of one year, tacitly
renewable with the implementation of a liquidity and market
surveillance contract for its ordinary shares.
This contract has been drawn up in accordance with current
regulations, and in particular AMF Decision 2021-01 of 22 June
2021. It complies with the code of conduct of the Association
Française des Marchés Financiers (AMAFI).
The purpose of this contract is for Rothschild Martin Maurel to
promote SMCP shares on Euronext Paris in compliance with the
provisions of Regulation (EU) No 596/2014 of the European
Parliament and of the Council of 16 April 2014 on market abuse.
The resources allocated to its implementation are:
- 192 555 SMCP shares
- 541 131,16 euros
This contract will be suspended:
- in the cases provided for in article
5 of the AMF Decision;
- or at the request of SMCP for
technical reasons (e.g., the counting of shares with voting rights
before a general meeting or the counting of shares with dividend
rights before the coupon is detached) for a period defined by
SMCP.
In addition, this contract may be terminated at any time, by
SMCP without notice, or by Rothschild Martin Maurel with one
month's notice.
Disclaimer
Certain information included in this press release are
forward-looking statements. These forward-looking statements
involve known and unknown risks, uncertainties and other factors,
which may cause actual results to be materially different from
those expressed or implied by these forward-looking statements.
This press release does not contain or constitute an offer of
securities for sale or an invitation or inducement to invest in
securities in France, the United States or any other
jurisdiction.
ABOUT SMCP
SMCP is a global leader in the accessible luxury
market with four unique Parisian brands: Sandro, Maje, Claudie
Pierlot and Fursac. Present in 46 countries, the Group comprises a
network of over 1,600 stores globally and a strong digital presence
in all its key markets. Evelyne Chetrite and Judith Milgrom founded
Sandro and Maje in Paris, in 1984 and 1998 respectively, and
continue to provide creative direction for the brands. Claudie
Pierlot and Fursac were respectively acquired by SMCP in 2009 and
2019. SMCP is listed on the Euronext Paris regulated market
(compartment A, ISIN Code FR0013214145, ticker: SMCP).
CONTACTS
INVESTORS/PRESS
|
|
|
|
SMCP
|
BRUNSWICK |
Amélie
Dernis |
Hugues Boëton |
|
Tristan Roquet Montegon |
+33 (0) 1 55 80 51
00 |
+33 (0) 1 53 96 83 83 |
amelie.dernis@smcp.com |
smcp@brunswickgroup.com |
- SMCP - Press Release - Liquidity contract
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