Paris, July 5 th 2018 - 18h15
Half-year statement of the liquidity agreement of COFACE SA and transfer of the initial contract with Natixis to ODDO BHF
Pursuant to Regulation (EU) No 596/2014 of 16 April 2014 on market abuse [1]
COFACE SA announces that, following the long-term partnership that has become effective between NATIXIS and ODDO BHF, the liquidity agreement for its shares (ISIN Code FR0010667147) originally granted to Natixis, has been transferred as of July 2 nd , 2018 to ODDO BHF.
At the end of the liquidity contract entrusted by COFACE SA to NATIXIS on COFACE SA shares (Code ISIN FR0010667147), the following assets appeared on the liquidity account as at June 29 th , 2018:
- 76,542 COFACE SA shares
- EUR 2,161,049.81
During the last half-year statement of the liquidity contract, as of December 29 th , 2017, the following assets appeared on the account:
- 126,429 COFACE SA shares
- EUR 1,632,188.50
As a reminder, by contract dated June 29 th , 2018 and for a period of one year, renewable by tacit agreement, COFACE SA has entrusted ODDO BHF and NATIXIS with the implementation of a liquidity and market surveillance agreement, covering its ordinary shares, in accordance with the AMAFI Code of Ethics of March 8 th , 2011 approved by the French Market Regulator (AMF) on March 21 st , 2011. For the implementation of the contract, the following resources have been allocated to ODDO BHF and assigned to the liquidity account:
- 76,542 COFACE SA shares
- EUR 2,161,049.81
| CONTACTS | |
| MEDIA RELATIONS 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 Ana Cecilia URIBE ARCE DE BREANT T. +33 (0)1 49 02 22 40 anacecilia.uribearce@coface,com |
FINANCIAL CALENDAR 2018 (subject to change) H1-2018 results: 26 July 2018, before market opening 9M-2018 results: 24 October 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 2017 Registration Document.
Coface: for trade - Building business together 70 years of experience and the most finely meshed international network have made Coface a reference in credit insurance, risk management and the global economy. With the ambition to become the most agile, global trade credit insurance partner in the industry, Coface's experts work to the beat of the world economy, supporting 50,000 clients in building successful, growing and dynamic businesses. The Group's services and solutions protect and help companies take credit decisions to improve their ability to sell on both their domestic and export markets. In 2017, Coface employed ~4,100 people and registered turnover of €1.4 billion.
COFACE SA is quoted in Compartment A of Euronext Paris Code ISIN : FR0010667147 / Mnémonique : 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 chapter 5 "Main risk factors and their management within the Group" of the Coface Group's 2017 Registration Document filed with AMF on 5 April 2018 under the number No. D.18-0267 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 .
[1] Also in pursuant to articles L. 225-209 and following of the French Commercial Code; the provisions of the General Regulations of the French Market Regulator (AMF) and the AMF decision No.2011-07 (March 21st, 2011), updating the accepted market practices on liquidity agreements.
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