IMPLEMENTATION OF A LIQUIDITY CONTRACT WITH BNP PARIBAS EXANE
30 Juni 2023 - 06:00PM
IMPLEMENTATION OF A LIQUIDITY CONTRACT WITH BNP PARIBAS EXANE
IMPLEMENTATION OF A LIQUIDITY CONTRACT WITH BNP PARIBAS
EXANE
Bernin (Grenoble), France, June 30, 2023
– Soitec (Euronext Paris), a world leader in the design
and manufacturing of innovative semiconductor materials, announces
that it has entrusted BNP Paribas Exane with the implementation of
a liquidity contract as of July 3, 2023 and for an initial period
ending on December 31, 2023, renewable by tacit agreement for
successive periods of twelve (12) months.
The liquidity contract that has been concluded
complies with the provisions laid down by the legal framework in
force, in particular, Articles 22-10-62 et seq. of the French
Commercial Code, Regulation (EU) No. 596/2014 of the European
Parliament and of the Council of April 16, 2014 on market abuse as
amended, AMF Decision No. 2021-01 of June 22, 2021 and the standard
contract of the French Financial Markets Association (AMAFI) of
November 17, 2021.
The purpose of this contract is for BNP Paribas
Exane to provide liquidity for Soitec ordinary shares traded on
Euronext Paris under ISIN code FR0013227113.
To implement this contract, the following
resources have been allocated to the liquidity account: eight
million (8,000,000) euros in cash.
The execution of the liquidity contract may be
suspended:
- by either party in accordance with Article 5 of the AMF
Decision.
- if the number of shares held is equal to the maximum number of
shares authorized by Soitec's General Meeting, notably taking into
account shares already held by Soitec in accordance with Article L.
225-210 of the French Commercial Code,
- in the event of the share being listed outside the thresholds
authorized by Soitec's General Meeting,
- in the event of expiry or suspension of the share buyback
authorization by Soitec's General Meeting.
The liquidity contract may be terminated at any
time by Soitec, without notice, in accordance with the conditions
for closing the liquidity account set out in the contract. The
contract may be terminated by BNP Paribas Exane with one (1)
month's notice.
# # #
Agenda
First-quarter 2023-2024 revenue: July 25, 2023, after market
close.
Annual General Meeting: July 25, 2023.
# # #
About Soitec
Soitec (Euronext - Tech 40 Paris), a world
leader in innovative semiconductor materials, has been developing
cutting- edge products delivering both technological performance
and energy efficiency for over 30 years. From its global
headquarters in France, Soitec is expanding internationally with
its unique solutions, and generated sales of 1.09 billion euros in
fiscal 2022-2023. Soitec occupies a key position in the
semiconductor value chain, serving three main strategic markets:
mobile communications, automotive and industry, and smart devices.
The company relies on the talent and diversity of its 2,100
employees, representing 50 different nationalities, working at its
sites in Europe, the United States and Asia. Soitec has registered
over 4,000 patents.
Soitec, SmartSiC™ and Smart Cut™ are registered
trademarks of Soitec.
For more information: https://www.soitec.com/en/
and follow us on Twitter: @Soitec_Official
# # #
Investor
Relations: investors@soitec.com |
Media
contacts: Isabelle Laurent+33 6 42 37 54
17isabelle.laurent@oprgfinancial.fr Fabrice Baron+33 6 14 08
29 81fabrice.baron@oprgfinancial.fr |
# # #
Soitec is a French joint-stock corporation with
a Board of Directors (Société Anonyme à Conseil d’administration)
with a share capital of €71,178,834 having its registered office
located at Parc Technologique des Fontaines - Chemin des Franques -
38190 Bernin (France), and registered with the Grenoble Trade and
Companies Register under number 384 711 909.
- communiqué contrat de liquidité 16062023 ENG
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