Renault Group implements a liquidity and market surveillance contract for its ordinary shares
01 Juli 2022 - 08:45AM
Renault Group implements a liquidity and market surveillance
contract for its ordinary shares
Press release
July 1, 2022
Renault Group implements a
liquidity and market surveillance contract for its
ordinary shares
Renault Group (ISIN code: FR0000131906)
announces that it has implemented a liquidity and market
surveillance contract with Exane BNP Paribas for a period of one
year, with tacit renewal, starting on July 1st, 2022. This contract
has been drawn up in accordance with the regulations in force, and
in particular AMF Decision No. 2021-01 of June 22, 2021.
The purpose of this contract is for Exane BNP
Paribas to provide market making services for Renault shares on the
regulated market of Euronext in Paris.
Renault Group has dedicated
€25 000 000 (twenty-five million euros) to support the
implementation of this contract.
This new contract may be suspended:
- In the cases provided for in
Article 5 of Chapter II of AMF decision no. 2021-01 of 22 June
2021;
- In the event that the share is
traded outside the intervention thresholds approved by the
Company's Annual General Meeting;
- Or, at the request of Renault,
under its responsibility.
About Renault
Group
Renault Group is at the forefront of a mobility
that is reinventing itself. Strengthened by its alliance with
Nissan and Mitsubishi Motors, and its unique expertise in
electrification, Renault Group comprises 4 complementary brands -
Renault, Dacia, Alpine and Mobilize - offering sustainable and
innovative mobility solutions to its customers. Established in more
than 130 countries, the Group has sold 2.7 million vehicles in
2021. It employs nearly 111,000 people who embody its Purpose every
day, so that mobility brings people closer. Ready to pursue
challenges both on the road and in competition, Renault Group is
committed to an ambitious transformation that will generate value.
This is centred on the development of new technologies and
services, and a new range of even more competitive, balanced and
electrified vehicles. In line with environmental challenges, the
Group’s ambition is to achieve carbon neutrality in Europe by 2040.
https://www.renaultgroup.com/en/
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