EGIDE ADMITTED
TO THE SRD "LONG-ONLY"
Trappes, January 5, 2016 - 7:00am (CET). Given the daily liquidity of the share in 2015, namely greater than €100,000 daily on Euronext Paris, the group announces that its shares are eligible for the SRD "Long-only" with effect December 29, 2015.
The SRD (Deferred Settlement Service) mechanism was created in 2000 when the harmonization of regulation, until then monthly. It had known a real success because simple and framed by strict prudential rules. Indeed, the investor passes his order to its financial intermediary that transmits on the regulated market. It is executed and delivered to the financial intermediary in D+2, which finances until the end of the month in cash (in the case of a purchase) or securities (in the case of a sale) the position of its investor's client.
Any value listed on Euronext Paris making a daily minimum transaction volume of €100,000 and with a market capitalization smaller than 1 billion Euro, has the status SRD "Long-only". The notion of "Long-only" means that the value will only be eligible to purchase with lever.
Jim Collins, CEO comments: "I am delighted with this decision of Euronext concerning the admission of Egide to the SRD "Long-only", which will strengthen the liquidity and attractiveness of Egide shares".
Financial Calendar
Publication of 2015 annual sales: January 15th, 2016
About Egide
Egide is a group with an international dimension, specialized in the manufacture of hermetic packages for sensitive electronic components. It operates in cutting edge markets with strong technology barriers to entry in all critical industry segments (Space, Defense, Security, Aeronautics, Telecommunications, Energy, Medical.). Egide is the only pure player in this market niche with manufacturing bases in France and the United States.
*** NEW INTERNET SITE ***
All information about Egide is available at the new website: www.egide-group.com
Egide shares are eligible for the French tax incentivized PEA-PME, FCPI investment vehicles and SRD "Long-only"
Egide is listed on Euronext Paris(TM)- Segment C - ISIN: FR0000072373 - Reuters: EGID.PA - Bloomberg: GID
Egide renewed its OSEO label as an innovative company (entreprise innovante) on July 30, 2015
ISO 9001:2008 and ISO 14001:2004 certified quality and environmental management systems
Contacts
EGIDE - Finance Department - Philippe Lussiez - +33 1 30 68 81 00 - plussiez@fr.egide-group.com
FIN'EXTENSO - Press Relations - Isabelle Aprile - +33 1 39 97 61 22 - i.aprile@finextenso.fr
