HIMEDIA GROUP : ADJUSTEMENT OF RESOURCES ALLOCAT
Post# of 301275
ADJUSTEMENT OF RESOURCES ALLOCATED TO THE LIQUIDITY CONTRACT
Paris, 23 March 2017, 8:40 AM - HiMedia Group adjusts the resources allocated to the liquidity contract entrusted to Kepler Cheuvreux.
HI-MEDIA SA announces that it adjusts the resources allocated to the liquidity contract (contract concluded as of 24 May 2016, for a period of one year with automatic renewal) as follows:
Resources allocated at May 24th 2016:
- 50,000 HI-MEDIA shares,
- € 100,000.
Resources listed at the close of trading on Wednesday 22th March 2017:
- 9 253 HI-MEDIA shares,
- € 437,958.03.
The position of the cash account exceeding the necessary needs for the fulfillment of the liquidity contract, HI-MEDIA has decided, in agreement with Kepler Cheuvreux, to withdraw € 337,958.03 from the cash account of the liquidity contract. After such operation the position of the cash account of the liquidity contract amounts to € 100,000.
A propos de HiMedia :
With operations in six European countries, the United States and Latin America, the Group reported revenue of €59.2 million in 2016. Independent since its creation, the company is listed on Euronext Paris, in compartment C, and is included in the CAC All-Tradable and CAC Small indices. ISIN: FR 0012821890/Symbol: HIM
For more information, visit www.himediagroup.com or www.adux.com or write to infofin@hi-media.com Twitter: @Himedia_is_AdUX | LinkedIn: www.linkedin.com/company/himediagroup | Facebook: @HiMediaGroup
This press release may contain certain forward-looking statements. Although HiMedia Group believes that these statements are based on assumptions that were reasonable as of the date of this press release, they are by their very nature subject to risks and uncertainties that could cause actual results to differ from those indicated or projected in these statements. HiMedia Group operates in a continually changing environment and new risks may emerge. HiMedia Group assumes no obligation to update these forward-looking statements to reflect any new information, future events or other circumstances.
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