McPhy Energy Updates on Liquidity Contract for 2024
McPhy Energy's Liquidity Contract Overview
Foussemagne, France - As a leader in electrolyzer technology, McPhy Energy is dedicated to playing a pivotal role in the energy transition by contributing to the global low-carbon hydrogen economy. The company recently provided insights into its liquidity contract with Natixis ODDO BHF, covering the activities from the second half of 2024.
Liquidity Contract and Assets
As of the end of 2024, McPhy held notable assets under this liquidity contract, with 132,653 shares and a cash balance of €183,975. The company's strategic financial planning aims to ensure liquidity, promoting stability and growth amidst market dynamics.
Transaction Summary
During the last half of 2024, several significant transactions took place under the liquidity contract:
- The buy-side recorded 2,481 transactions, involving a total of 305,126 shares for an aggregate amount of €622,173.
- Conversely, the sell-side reported 2,578 transactions, accounting for 309,235 shares with a total value of €636,620.
Initial Provisions for Liquidity Contract
When the liquidity contract was established with Natixis ODDO BHF, the company made available:
- 4,343 shares and a substantial cash balance of €2,500,000, demonstrating McPhy Energy's commitment to maintaining liquidity in its operations.
Company Background
McPhy specializes in hydrogen production technologies, offering state-of-the-art solutions for various sectors including industry, mobility, and energy. The company’s efforts align with the global demand for low-carbon energy sources, reinforcing its position in the renewable energy landscape. Founded in 2008, McPhy has developed a comprehensive suite of products tailored to the hydrogen ecosystem, supporting applications in raw material supply, electric vehicle charging, and energy storage. McPhy Energy is publicly traded on Euronext Growth Paris under the ticker Paris:MCPHY.
Contact Information
Investor Relations
NewCap
Emmanuel Huynh
T. +33 (0)1 44 71 94 99
mcphy@newcap.eu
Press Relations
DGM Conseil
Pascal Pogam
Tel: +33 (0)6 03 62 27 65
Henry Debreuilly
Tel: +33 (0)6 13 11 38 74
Frequently Asked Questions
What is McPhy Energy's primary focus?
McPhy Energy specializes in hydrogen production technologies, supporting the low-carbon hydrogen economy.
What were the assets held under McPhy Energy's liquidity contract?
The company held 132,653 shares and a cash balance of €183,975 as of the end of 2024.
What are the key figures from the liquidity contract transactions?
The transactions included 2,481 buys and 2,578 sells, highlighting significant trading activity during the second half of 2024.
How does McPhy Energy contribute to the energy transition?
McPhy offers innovative hydrogen solutions that support various industrial applications, fueling the push for cleaner energy systems.
Where can I find more information about McPhy Energy?
For detailed product offerings and company updates, visit McPhy Energy's official website or contact their investor relations team.
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