ORPEA Terminates Its Existing Liquidity Contract With Gilbert Dupont, Enters Into a New Liquidity Contract With Natixis-ODDO BHF And Suspends the Liquidity Contract
30 November 2022 - 06:00PM
Business Wire
Regulatory News:
ORPEA (Paris:ORP):
Termination of the liquidity contract
with Gilbert Dupont
ORPEA (ISIN code: FR0000184798) announces having terminated its
liquidity contract concluded on 4 August 2005 with Gilbert Dupont
(the “Contract”). This termination takes effect as of this day at
the close of trading.
When the liquidity Contract was signed on 4 August 2005, the
following resources were allocated to the liquidity account:
- 0 ORPEA shares
- 365,957.25 euros
At the termination date, the following resources were allocated
to the liquidity account:
- 68,030 ORPEA shares
- 415,000 euros
Signature of a new liquidity contract
with NATIXIS-ODDO BHF
Starting on 1 December 2022, ORPEA announces having concluded a
new liquidity and market surveillance contract for its ordinary
shares with NATIXIS-ODDO BHF, for a period of one year
automatically renewable for successive 12-month periods.
This contract complies with the Autorité des Marchés Financiers
(AMF) decision no. 2021-01 dated 22 June 2021 related to the
establishing of liquidity contracts on shares as accepted market
practice and the standard contract of the Association Française des
Marchés Financiers (AMAFI).
In particular, this contract with NATIXIS-ODDO BHF aims at
improving Company’s shares trading on the regulated market of
Euronext Paris
The following resources have been allocated to the liquidity
account:
- 68,030 ORPEA shares
- 415,000 euros
The execution of the liquidity contract may be suspended upon
occurrence of the following events or conditions:
- when all conditions mentioned in Article 5 of the AMF decision
no. 2021-01 dated 22 June 2021 are met;
- if the share is listed outside the thresholds authorized by the
Company’s Shareholders’ Meeting; or
- upon the Company request.
The liquidity contract may be terminated at any time and without
prior notice by ORPEA, at any time by NATIXIS-ODDO BHF subject to
one (1) calendar month' notice.
Suspension of the liquidity
contract
ORPEA suspends the operations provided for in the liquidity
contract signed with NATIXIS-ODDO BHF, at the close of the trading
on 1 December 2022, until the term of the restructuring process of
the Group. The Company will inform in due course when the execution
of the Contract will restart.
About ORPEA
ORPEA is a leading global player, expert in the care of all
types of frailty. The Group operates in 22 countries and covers
three core businesses: care for the elderly (nursing homes,
assisted living, home care), post-acute and rehabilitation care and
mental health care (specialized clinics). It has more than 72,000
employees and welcomes more than 255,000 patients and residents
each year.
https://www.orpea-group.com/
ORPEA is listed on Euronext Paris (ISIN: FR0000184798) and is a
member of the SBF 120, STOXX 600 Europe, MSCI Small Cap Europe and
CAC Mid 60 indices.
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Investor Relations ORPEA Benoit Lesieur Investor
Relations Director b.lesieur@orpea.net
Investor Relations NewCap Dusan Oresansky Tel.:
+33 (0)1 44 71 94 94 ORPEA@newcap.eu
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