Implementation of a new liquidity contract between Safran and ODDO BHF SCA
Paris, February 18, 2019
Safran (Euronext Paris: SAF) signed a new liquidity contract with ODDO BHF SCA to foster regular and liquid trading on Safran shares (ISIN code: FR0000073272) on NYSE EURONEXT Paris exchange market. This agreement was concluded for a period of one year, renewable by tacit agreement. It cancels and replaces the previous agreement signed on February 1st, 2012 with the same provider.
The following assets (as per the position held on December 31, 2018 under the previous contract) have been allocated to the liquidity account:
- 15,899,312.46 euros
- 314,000 Safran shares
This agreement will be suspended:
- In the cases referred to in AMF decision n°2018-01 of July 2, 2018;
- Upon Safran’s request for technical reasons for a period of time determined by Safran
Furthermore, the contract may be terminated without advance notice and at any time by Safran, and with a 2-week notice by ODDO BHF SCA.
Safran is an international high-technology group, operating in the aircraft propulsion and equipment, space and defense markets. Safran has a global presence, with more than 91,000 employees. Working alone or in partnership, Safran holds world or European leadership positions in its core markets. Safran pursues a continuous strategy of differentiation through innovation and undertakes extensive ongoing research and development programs.
Safran is listed on the Euronext Paris stock exchange and is part of the CAC 40 and Euro Stoxx 50 indices.