Alstom Implements Liquidity Contract for Enhanced Market Activity
Alstom, a prestigious name in smart and sustainable mobility, is taking a significant step to improve the liquidity of its ordinary shares. This initiative involves a new agreement with Rothschild Martin Maurel to act as the market maker for Alstom shares on the regulated market of Euronext Paris. The aim is to foster a more vibrant trading environment for its stock, ultimately benefiting shareholders and enhancing the overall market presence.
The Purpose of the Liquidity Contract
The primary objective of this liquidity contract is to enable Rothschild Martin Maurel to effectively support Alstom shares in the marketplace. By enhancing the liquidity of transactions, the contract aims to promote easier buying and selling of shares, which can contribute to a more stable and regular listing of Alstom shares. As market conditions fluctuate, such agreements play a crucial role in reassuring investors of ongoing activity and reliability.
Financial Commitment and Terms
To facilitate this contract, a considerable financial commitment of 18 million euros has been allocated to the liquidity account. This proactive investment illustrates Alstom's dedication to maintaining an active trading environment that attracts both new and existing investors. Starting from an effective date shortly after this announcement, the contract is set to last for an initial period of 12 months, with possibilities for renewal through tacit agreement.
Conditions for Suspension of the Agreement
Though supportive of market activity, the liquidity contract comes with stipulations. It can be suspended under certain conditions outlined in the relevant regulatory framework. Additionally, Alstom retains the authority to request a suspension for technical reasons, particularly in scenarios such as counting shares for voting rights leading up to meetings or prior to dividend detachments. This flexibility ensures that operational contingencies can be effectively managed.
About Alstom's Commitment to Sustainability
Alstom is not merely a transport company; it is a pioneer in advancing sustainable transportation solutions. The organization's commitment to a low-carbon future is illustrated through its diverse range of transportation offerings, including high-speed trains, metros, and various innovative infrastructure projects. Alstom's global footprint spans across 64 countries, supported by a workforce reflecting an impressive aggregate of over 84,700 professionals from 184 nationalities.
Alstom's Financial Performance
Alstom's determination and innovative spirit are further evidenced by its financial performance. For the fiscal year ending recently, the company reported impressive revenues of €17.6 billion. This figure underscores Alstom's vigorous position in the market and highlights its resilience in a challenging economic landscape. By consistently evolving and adapting its operations to meet market demands, Alstom exemplifies leading industry practices.
Company Contacts for Further Information
Should investors or stakeholders seek further details regarding the liquidity contract or other operational aspects, Alstom provides direct contact avenues for communication. Those interested can reach out to:
- Philippe Molitor: +33 (0) 7 76 00 97 79, philippe.molitor@alstomgroup.com
- Thomas Antoine: +33 (0) 6 11 47 28 60, thomas.antoine@alstomgroup.com
- Investor Relations - Martin Vaujour: +33 (0) 6 88 40 17 57, martin.vaujour@alstomgroup.com
Frequently Asked Questions
What is the purpose of the liquidity contract implemented by Alstom?
The liquidity contract aims to enhance the liquidity of Alstom shares, making transactions easier and more reliable for investors.
Who is responsible for the market-making role under this agreement?
Rothschild Martin Maurel will serve as the market maker for Alstom shares on the Euronext Paris platform.
How much funding has been allocated to promote liquidity?
An amount of €18 million has been specifically allocated to support the liquidity account for Alstom's shares.
What is the initial duration of this liquidity contract?
The liquidity contract is initially set for a term of 12 months, with options for renewal.
How does Alstom contribute to sustainability?
Alstom is committed to promoting low-carbon transportation solutions through various innovative projects and services globally.
