Paris, November 6th 2017 - 5.45pm
Coface SA : Evolution on the resources allocated to the liquidity agreement
As per the liquidity contract granted by COFACE SA to NATIXIS on COFACE SA shares (Code ISIN FR0010667147), a withdrawal of EUR 2,000,000.00 (two million euros) was made on 6 November 2017 .
As a reminder, to enable NATIXIS to make interventions under the contract, signed on 7 July 2014 for a period of 12 months renewable by tacit agreement, COFACE SA allocated to the liquidity account the amount of EUR 5,000,000.00 (five million euros).
At the last half-year statement of the liquidity contract, the following assets appeared on the liquidity account as at June 30 th , 2017:
- 62 609 COFACE SA shares
- EUR 4,216,022.97
| CONTACTS | |
| MEDIA Monica COULL T. +33 (0)1 49 02 25 01 monica.coull@coface.com Maria KRELLENSTEIN T. +33 (0)1 49 02 16 29 maria.krellenstein@coface.com | ANALYSTS / INVESTORS Thomas JACQUET T. +33 (0)1 49 02 12 58 thomas.jacquet@coface.com Cécile COMBEAU T. +33 (0)1 49 02 18 03 cecile.combeau@coface.com |
FINANCIAL CALENDAR 2018 (subject to change) FY-2017 results: February 12 th 2018, after market close 3M-2018 results: April 24 th 2018, after market close Annual Shareholder's General Meeting 2017: May 16 th 2018 H1-2018 results: July 26 th 2018, before market opening 9M-2018 results: October 24 th 2018, after market close
FINANCIAL INFORMATION This press release, as well as COFACE SA's integral regulatory information, can be found on the Group's website: http://www.coface.com/Investors
For regulated information on Alternative Performance Measures (APM), please refer to our Interim Financial Report for S1-2017 and our 2016 Registration Document.
| About Coface Coface, a world-leading credit insurer, offers 50,000 companies around the globe solutions to protect them against the risk of financial default of their clients, both on their domestic and export markets. The Group, which aims to be the most agile global credit insurer in the industry, is present in 100 countries, employs 4,300 people, and posted consolidated turnover of €1.411 billion in 2016. Coface publishes quarterly country and sector risk assessments based on its unique knowledge of companies' payment behavior and on the expertise of its 660 underwriters and credit analysts located close to clients and their debtors. www.coface.com COFACE SA. is listed on Euronext Paris - Compartment B ISIN: FR0010667147 / Ticker: COFA |
DISCLAIMER - Certain declarations featured in this press release may contain forecasts that notably relate to future events, trends, projects or targets. By nature, these forecasts include identified or unidentified risks and uncertainties, and may be affected by many factors likely to give rise to a significant discrepancy between the real results and those stated in these declarations. Please refer to the section 2.4 "Report from the Chairman of the Board of Directors on corporate governance, internal control and risk management procedures" as well as chapter 5 "Main risk factors and their management within the Group" of the Coface Group's 2016 Registration Document filed with AMF on 12 April 2017 under the number No. R.17-016 in order to obtain a description of certain major factors, risks and uncertainties likely to influence the Coface Group's businesses. The Coface Group disclaims any intention or obligation to publish an update of these forecasts, or provide new information on future events or any other circumstance.
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