AI assistant
Manitou Group — Share Issue/Capital Change 2019
Feb 27, 2019
1503_rns_2019-02-27_2eb3f338-11c6-45c1-afce-edffd738c826.pdf
Share Issue/Capital Change
Open in viewerOpens in your device viewer
/Ancenis, 27 February 2019 – Manitou BF and Portzamparc have entered into a new liquidity contract that took effect on January 1, 2019.
This new contract is drawn up following changes in the regulations governing liquidity contracts and aims in particular at complying with AMF Decision 2018-01 of July 2, 2018, applicable since January 1, 2019.
It is recalled that the trading platform on which transactions under the liquidity contract are carried out is Euronext Paris and that this contract concerns the ordinary shares issued by the Company (ISIN Code: FR0000038606).
It is specified that, pursuant to the provisions of the contract, the situations or conditions leading to its suspension or termination are as follows:
-
The execution of the contract may be suspended under the conditions set out in Article 5 of AMF Decision 2018-01 of July 2, 2018. In addition, the market-making operations to which Portzamparc has committed itself under the liquidity agreement may be suspended in certain situations and in particular by:
-
the suspension of the price by the market,
-
an exceptional market situation,
-
or if Manitou BF no longer has authorization to repurchase its own shares or if the share price is no longer within the intervention ranges.
-
The contract may be terminated under the following conditions:
-
by Manitou BF at any time and without notice,
-
by Portzamparc, when the Liquidity Provider Agreement between Portzamparc and Euronext Paris is terminated,
-
by Portzamparc with one month's notice.
As at 31 December 2018, the following resources were included in the liquidity account:
-
25,463 shares
-
290,766.31 euros
ISIN code: FR0000038606
Indices: CAC ALL SHARES, CAC ALL-TRADABLE, CAC INDUSTRIALS, CAC MID&SMALL, CAC PME, CAC SMALL, EN FAMILY BUSINESS, ENT PEA-PME 150
The Manitou Group is a global market leader in rough-terrain handling. It designs, manufactures, distributes and services equipment for construction, agriculture and the industry.
The Group's product ranges include all-terrain fixed, rotating and heavy-duty telehandlers, all-terrain, semi-industrial and industrial masted forklifts, wheeled or tracked skid-steer loaders, backhoe loaders, access platforms, truck-mounted forklifts, warehousing equipment and attachments.
Through its iconic brands - Manitou, Gehl, and Mustang - and its network of 1,500 dealers worldwide, the Group offers the best solutions by creating optimum value for its customers.
With its registered office in France, in 2018 the Group recorded a revenue of €1.9 billion in 140 countries, and it employs 4,400 people all committed to delivering customer satisfaction.