SFL: Updated Liquidity Contract
PARIS--(BUSINESS WIRE)-- Regulatory�News:
Société Foncière Lyonnaise (Paris: FLY) and Rothschild Martin Maurel have signed a new liquidity contract which came into effect on 1 March 2019.
The new contract was drawn up following the introduction of new
regulations governing liquidity contracts and complies with AMF decision
2018-01 dated 2 July 2018, which is applicable as from 1 January 2019.
It
replaces the previous contract with Rothschild Martin Maurel signed on
24 September 2007.
Transactions under the liquidity contract will
be carried out on the Euronext Paris trading platform.
The contract stipulates that it may be suspended or terminated in the
following cases:
Execution of the contract would be suspended upon
the occurrence of any of the events described in Article�5 of the AMF’s
decision. It would also be suspended at SFL’s request for a specified
period, due to technical reasons such as to enable the voting rights
attached to shares to be counted before a General Meeting or the
dividend rights attached to shares to be counted before the dividend is
paid.
The liquidity contract could be terminated:
- At any time by SFL, without notice.
- By Rothschild Martin Maurel, with one month’s notice.
As of 11 March 2019, cash and shares held in the liquidity contract account were as follows:
- €2,092,635 in cash
- 2,025 shares
About SFL
Leader in the prime segment of the Parisian commercial real estate market, Société Foncière Lyonnaise stands out for the quality of its property portfolio, which is valued at €6.6�billion and is focused on the Central Business District of Paris (#cloud.paris, Edouard�VII, Washington Plaza,�etc.), and for the quality of its client portfolio, which is composed of prestigious companies in the consulting, media, digital, luxury, finance and insurance sectors. As France’s oldest property company, SFL demonstrates year after year an unwavering commitment to its strategy focused on creating a high value in use for users and, ultimately, substantial appraisal values for its properties.
Stock market: Euronext Paris Compartment A – Euronext Paris ISIN FR0000033409 – Bloomberg: FLY FP – Reuters: FLYP PA
S&P rating: BBB+ stable outlook
View source version on businesswire.com: https://www.businesswire.com/news/home/20190311005768/en/
SFL
Thomas Fareng
Phone +33 (0)1 42 97 27 00
[email protected]
Evidence
Grégoire
Silly
Phone: 06 99 10 78 99
[email protected]
www.fonciere-lyonnaise.com
Source: Société Foncière Lyonnaise