Half-Year Statement on the Implementation of the Liquidity Contract
Soitec, a global leader in innovative semiconductor materials, has released its report on the liquidity contract entrusted to BNP Paribas. As of December 31, 2024, the liquidity account showcased significant resources, with 51,934 Soitec shares and €2,009,718 available.
Overview of Transactions
During the second half of 2024, Soitec successfully executed a total of 3,775 transactions, resulting in the acquisition of 215,838 shares at a cost of €19,591,223. Concurrently, the company sold 197,982 shares for a total of €17,859,326 across 3,174 transactions.
First Half Performances
The previous half-year report on June 30, 2024, revealed that the liquidity account contained 31,705 Soitec shares along with €3,863,367. In the first half of the year, Soitec purchased 191,207 shares for €23,068,132, completing 3,468 transactions while selling 173,247 shares for €20,849,967 through 3,231 transactions.
Liquidity Contract Background
The liquidity contract, which began on July 3, 2023, had an initial fund of €8,000,000 on its opening day. The aggregate data from trading days in the second semester of 2024 are presented in an appendix to this report.
What Lies Ahead for Soitec?
Soitec is gearing up for the publication of its Q3 FY’25 revenue on February 5, 2025, following with the FY’25 annual results debuting on May 27, 2025. Furthermore, the Capital Markets Day scheduled for May 28, 2025, will offer investors a deeper insight into the company's strategic direction. Notably, the Annual General Meeting is set for July 22, 2025, where Q1 FY’26 revenue will also be announced.
About Soitec
For over three decades, Soitec, a leading company in semiconductor materials, has dedicated itself to delivering exceptional technological performance and energy efficiency. With an international presence spanning Europe, the United States, and Asia, Soitec reported sales of 1 billion Euros in the fiscal year 2023-2024. Its expertise extends to key markets such as Mobile Communications, Automotive, and Cloud AI, supported by a diverse workforce of 2,300 employees.
Contact Information
For investor relations inquiries, please contact: investors@soitec.com. For media relations inquiries, please reach out to: media@soitec.com.
Frequently Asked Questions
What is the liquidity contract and why is it important?
The liquidity contract is an agreement that allows a company to manage its share liquidity in the market, ensuring smoother trading and more stable price movements.
How many shares did Soitec acquire in the second half of 2024?
Soitec acquired a total of 215,838 shares during the second half of 2024.
What was the total revenue from the share sales in the second half?
Soitec generated €17,859,326 from the sale of shares during the second half of 2024.
When are the next financial results expected?
Soitec's Q3 FY’25 revenue will be published on February 5, 2025.
How does Soitec ensure its competitiveness in the semiconductor market?
By focusing on innovation, energy efficiency, and a diverse range of products, Soitec maintains a leading position in the semiconductor industry.
