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Touax: Effective transfer of TOUAX SCA shares to Euronext Growth® Paris and delisting from the regulated market of Euronext Paris
Globenewswire· 2025-08-12 15:45
Core Viewpoint - TOUAX SCA is transferring its shares to the Euronext Growth Paris market to better align with its size and simplify administrative obligations while maintaining access to financial markets attractiveness [1][2]. Group 1: Transfer Details - The effective transfer of TOUAX SCA shares to Euronext Growth Paris is scheduled for August 13, 2025, following approval from the Euronext Admission Committee on August 7, 2025 [1]. - The ISIN code for the shares remains unchanged (FR0000033003), and the ticker symbol will change to ALTOU [3]. Group 2: Purpose of Transfer - The transfer aims to provide a regulatory framework more suited to the company's size, simplifying administrative obligations and reducing management costs [2]. Group 3: Company Overview - TOUAX is a leading leasing company in Europe, managing nearly 1.3 billion euros in tangible assets, including freight wagons, river barges, and containers [5]. - The company is currently listed on Euronext Paris Compartment C and included in various indices such as CAC® Small, CAC® Mid & Small, and EnterNext©PEA-PME 150 [5]. Group 4: Listing Sponsor - TOUAX has appointed Gilbert Dupont as its Listing Sponsor to assist with the transition to the Euronext Growth Paris market [4]. Group 5: Upcoming Events - A video conference to present half-year results will be held on September 18, 2025, in French, and on September 19, 2025, in English [7].
Cegedim : Implementation of the plan to transfer the listing of the Group's shares on Euronext Growth
Globenewswire· 2025-06-13 16:15
Core Viewpoint - Cegedim S.A. has received approval from its shareholders to transfer its listing from Euronext Paris to Euronext Growth Paris, aiming to enhance share visibility and attractiveness while benefiting from regulatory relief [1][3]. Group 1: Transfer Details - The Board of Directors has decided to implement the transfer and will file an application for delisting from Euronext Paris and listing on Euronext Growth [2]. - The transfer is expected to position Cegedim among the top 30 market capitalizations on Euronext Growth [3]. Group 2: Regulatory Changes - Following the transfer, Cegedim will publish an annual report within four months of the financial year-end, including financial statements and management reports [4]. - A half-yearly report will also be published within four months of the first half of the year, but these half-yearly financial statements will not require statutory auditor audits [5]. - The company will continue to publish quarterly revenue figures and comply with IFRS standards and CSRD requirements for sustainability information [6]. Group 3: Corporate Governance - The company will maintain parity rules on the Board as per French Commercial Code and continue to adhere to audit committee regulations [9][10]. - Shareholders' approval for executive remuneration policies will no longer be required [11]. - The company will streamline the content of its corporate governance report [7]. Group 4: Shareholder Protection - Minority shareholder protection will be ensured through a mandatory public offer if the threshold of 50% of capital or voting rights is crossed [14]. - Companies on Euronext Growth only need to report changes in shareholding at the 50% and 90% thresholds [15]. Group 5: Liquidity Considerations - The transfer to Euronext Growth may affect the liquidity of Cegedim shares, which could differ from the liquidity on the regulated Euronext Paris market [17]. - The company has identified a limited number of funds that may sell shares due to the transfer, as their prospectuses exclude investments in Euronext Growth [18]. Group 6: Timeline and Support - An application for delisting and listing is expected to be filed soon, with anticipated admission to Euronext Growth in early September 2025, supported by TP ICAP Midcap as the listing sponsor [20]. Group 7: Company Overview - Founded in 1969, Cegedim is a technology and services group focused on digital data flow management for healthcare ecosystems and B2B, generating over €654 million in revenue in 2024 [21].