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GENFIT — Share Issue/Capital Change 2014
Apr 15, 2014
1362_iss_2014-04-15_d6c159c9-d855-4e54-8c3d-0219abfb4f53.pdf
Share Issue/Capital Change
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www.genfit.com
Press Release Communiqué de Presse
GENFIT: TRANSFER TO THE EURONEXT PARIS REGULATED MARKET – COMPARTMENT B – ON APRIL 17, 2014
Lille (France), Boston (Massachusetts, Etats-Unis), April 15, 2014 – GENFIT (Alternext: ALGFT; ISIN: FR0004163111), a biopharmaceutical company at the forefront of drug discovery and development, focusing on the early diagnosis and preventive treatment of cardiometabolic and associated disorders, today announces that it has obtained the visa n°14-148 from the AMF (Autorité des Marchés Financiers - French stock exchange authority) for the Prospectus issued in connection with the direct listing of GENFIT shares on the Euronext Paris regulated market, compartment B. GENFIT shares have been listed on the Alternext market of Euronext Paris since December 2006.
The delisting of GENFIT shares from Alternext Paris will take place on April 16, 2014, after the end of the trading session.
Trading of GENFIT shares on the Euronext Paris regulated market will start on April 17, 2014.
Share codes
Name: GENFIT ISIN Code: FR0004163111 – Trading symbol: GNFT ICB code: 4573 Biotechnology Trading market: Euronext Paris, Compartment B
As of April 14 2014 after the end of the trading session, GENFIT had a market capitalization of €519 million, making it the most valuable company on Alternext.
Over the year 2013, average daily exchanges amounted to 542,621 shares, resulting in the highest liquidity on Alternext.
In addition, over the past 12 months, the performance of GENFIT shares is +259 %.
Jean-François Mouney, Chairman and CEO of GENFIT, declared: «This trading transfer to Compartment B of NYSE Euronext Paris will improve the visibility of GENFIT shares thanks to its inclusion in numerous benchmark indexes. Moreover, this new trading group should facilitate the capital strengthening operations necessary to accelerate the Company's development in 2014, since certain investors favor the Euronext regulated market ».
About GENFIT:
GENFIT is a biopharmaceutical company focused on the Discovery and Development of drug candidates in therapeutic fields linked to cardiometabolic disorders (prediabetes/diabetes, atherosclerosis, dyslipidemia, inflammatory diseases…). GENFIT uses a multi-pronged approach based on early diagnosis, preventive solutions, and therapeutic treatments and advances therapeutic research programs, either independently or in partnership with leading pharmaceutical companies, including Sanofi, to address these major public health concerns and their unmet medical needs.
GENFIT's research programs have resulted in the creation of a rich and diversified pipeline of drug candidates at different stages of development, including GENFIT's lead proprietary compound, GFT505, that is currently in Phase IIb.
With facilities in Lille, France, and Cambridge, MA (USA), the Company has approximately 80 employees. GENFIT is a public company listed on the Alternext trading market by Euronext™ Paris (Alternext: ALGFT; ISIN: FR0004163111). www.genfit.com
Access to the Prospectus
Copies of the approved prospectus are available free of charge from GENFIT SA, as well as on the Internet websites of GENFIT (www.genfit.com) and the AMF (www.amf-france.org).
Risk factors
Investors are reminded of the risks described in Chapter 4 « Risk factors » of the first part, and in Chapter 2 of the second part of the prospectus approved by the AMF under visa n°14-148 as of April 14, 2014.
Contacts:
GENFIT Jean-François Mouney, CEO & Chairman of the Management Board Ph. +333 2016 4000
MILESTONES – Press Relations
Bruno Arabian Ph. +331 7544 8740 / +336 8788 4726 – [email protected]