Overview of Cegedim's New Liquidity Contract
Cegedim has officially terminated its previous liquidity contract and is excited to announce a new partnership with Rothschild Martin Maurel. This strategic change aims to enhance the liquidity and market presence of its shares on the Euronext Paris.
Details of the Termination
Effective from February 28, 2025, Cegedim disconnected from its earlier agreement with Kepler Cheuvreux. This move marks a significant transition as Cegedim looks to bolster its market operations and better manage its trading activity.
Resources Transitioned
Upon termination, Cegedim’s liquidity account reflected assets including 19,478 of its shares and around 64,286.78 euros. These funds will now play a crucial role in establishing a robust trading environment moving forward with Rothschild Martin Maurel.
New Contract with Rothschild Martin Maurel
Starting from March 3, 2025, Cegedim entrusted Rothschild Martin Maurel with implementing the new liquidity and market surveillance contract. This agreement is designed to maintain regulatory compliance and uphold the standards set by the Association Française des Marchés Financiers (AMAFI).
Goals of the Contract
The primary aim of this new contract is for Rothschild Martin Maurel to act as a dedicated market maker for Cegedim shares, thereby enhancing transaction liquidity and ensuring the stability of share listings. This proactive approach is intended to harness market confidence and investor engagement.
Regulatory Compliance and Terms
The liquidity contract has been established in adherence to all relevant regulations, particularly AMF Decision 2021-01. Part of this agreement entails compliance measures and operational protocols while also ensuring the liquidity of Cegedim's shares on the Euronext Paris exchange.
Potential Conditions for Suspension
The contract may be suspended based on conditions outlined in Article 5 of the noted AMF Decision. Additionally, Cegedim maintains the authority to request suspensions for technical reasons, including share voting count ahead of general assemblies.
About Cegedim
Founded in 1969, Cegedim has established itself as a pioneering technology and services group specializing in digital data management within healthcare and B2B sectors. The company's innovative business software streamlines operations for healthcare and insurance professionals. Operating across more than 10 countries, Cegedim employs approximately 6,700 individuals and reported impressive revenues exceeding 654 million euros in the last financial year.
Trading under the ticker CGM on Euronext Paris, Cegedim continues to expand its portfolio and operational reach, ensuring robust market strategies through innovative partnerships. For further insights into Cegedim and its offerings, visit their official website.
Furthermore, stay connected with Cegedim through their social media handles on platforms such as X, LinkedIn, and Facebook for the latest updates and corporate news.
Frequently Asked Questions
What is the purpose of the new liquidity contract?
The new liquidity contract aims to enhance transaction liquidity and maintain the regular listing of Cegedim shares on the stock exchange.
Who will manage Cegedim's market activities?
Rothschild Martin Maurel will manage Cegedim's market activities and act as a market maker for its shares under the new contract.
When did the previous contract with Kepler Cheuvreux end?
The previous liquidity contract with Kepler Cheuvreux officially ended on February 28, 2025.
What did Cegedim retain from the terminated contract?
Upon termination, Cegedim retained 19,478 shares and approximately 64,286.78 euros in its liquidity account.
How does Cegedim ensure compliance with market regulations?
Cegedim's new contract has been structured in accordance with AMF regulations and the AMAFI's code of conduct, ensuring full compliance.
