Casino Group Transitions to New Liquidity Management Partner

Author: Hannah Lewis Updated: 03-04-2025 02:46 AM

Termination of the Previous Liquidity Contract

Casino, Guichard-Perrachon has officially terminated its liquidity contract with Rothschild Martin Maurel. This decision comes after the contract was suspended in June 2024, marking a significant shift in the company's approach to liquidity management. The termination date was set for February 10, 2025, allowing Casino to reassess its liquidity strategies and seek a new partnership that aligns better with its current operational goals.

Previous Liquidity Account Overview

As of the last trading day under the suspended contract, June 11, 2024, Casino recorded resources in its liquidity account that totaled 1,875,000 shares and €14,313,545.45. Following a reverse share split that took effect on June 14, 2024, the available shares were reduced to just 18,750. This transition reflects ongoing efforts by Casino to optimize its financial structure and market performance.

Partnering with BNP Financial Markets

In a move signaling a new chapter, Casino has engaged BNP Financial Markets to implement a fresh liquidity contract, effective from March 3, 2025, to December 31, 2025. This initiative is rooted in compliance with AMF-approved practices that have been on the market since July 1, 2021. The allocated resources for this new liquidity account include 18,750 shares and a significant sum of €1,500,000.

Renewal and Future Outlook

One of the notable features of this new liquidity contract is its tacit renewal, indicating Casino's long-term strategy to maintain stable liquidity in the capital markets. By aligning with BNP Financial Markets, Casino aims to enhance its market presence and investor engagement by fostering a robust liquidity framework.

Analysts and Investor Relations

For further inquiries concerning this liquidity transition, interested parties can reach out to the dedicated contacts within the Casino Group. Charlotte Izabel is available for discussions regarding investor relations at the provided phone number and email. Additionally, overall communications can be sought through the communications department led by Stéphanie Abadie, ensuring that stakeholders are well-informed.

Frequently Asked Questions

What led to the termination of the previous liquidity contract?

The liquidity contract with Rothschild Martin Maurel was terminated following a review of Casino's liquidity strategies, after being suspended since June 2024.

Who is the new partner for liquidity management?

BNP Financial Markets has been chosen as the new partner to manage the liquidity contract, effective from March 2025.

What resources have been allocated to BNP Financial Markets?

For the new liquidity contract, Casino has allocated 18,750 shares and €1,500,000 to BNP Financial Markets.

Is the new liquidity contract renewable?

Yes, the new liquidity contract with BNP Financial Markets is tacitly renewable, allowing flexibility for the future.

How can I contact Casino Group for more details?

For additional information, stakeholders can reach out to analysts and investor relations contacts listed in the announcement for assistance.

About The Author

Hi there, I'm Hannah Lewis, a writer and financial specialist of 36 years old committed to making money understandable and approachable to everyone. Years of working in the field have given me a thorough grasp of market trends, investment techniques, and economic fundamentals. My objective is to enable people, by means of understandable, useful guidance, to take charge of their financial destiny.

I have written many articles for financial blogs over my career that simplify difficult financial ideas into understandable insights. Being financially literate is a critical ability, and I am passionate about enabling people to confidently manage their financial lives. Regardless of your level of experience, my work will help you at every stage of the investment process. I appreciate being allowed to share in your success and financial expansion.

Contact Hannah Lewis privately here. Or send an email with ATTN: Hannah Lewis as the subject to contact@investorshangout.com.

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.