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Publicis Groupe: Transfer of the Liquidity Contract to BNP PARIBAS EXANE

By on September 9, 2022 0

PARIS–(BUSINESS WIRE)–Regulatory news:

Publicis Groupe SA [Euronext Paris FR0000130577, CAC 40] announces the termination on August 29, 2022 of the liquidity contract relating to its ordinary shares listed on Euronext Paris, entrusted to Kepler Cheuvreux since July 3, 2012. A new liquidity contract was signed with BNP Paribas Exane on the same day.

The termination by Publicis Groupe of its liquidity contract with Kepler Cheuvreux results from its decision to have a single investment services provider for stock monitoring, market stimulation and the management of its liquidity contract.

As of September 9, 2022, the following resources appeared in the liquidity account:

  • 95,500 shares

  • €12,715,560.69 in cash

As a reminder, the following resources appeared on the last half-year balance sheet as of June 30, 2022 of the liquidity account:

  • 202,432 shares

  • €7,203,997.37 in cash

Implementation of a new liquidity contract

Publicis Groupe SA signed a liquidity agreement with BNP Paribas Exane on August 29, 2022 relating to its ordinary shares listed on Euronext Paris (ISIN code: FR0000130577) and taking effect on September 12, 2022.

This new liquidity contract, whose initial term ends on December 31, 2022 and is renewable by tacit agreement for successive periods of 12 months, complies with AMF decision no. 2021-01 of June 22, 2021 (“AMF decision”) which renews the AMF’s previous decision to make liquidity contracts relating to equity instruments an authorized market practice.

For the implementation of the new contract concluded with BNP PARIBAS Exane, the following resources have been allocated to the liquidity account:

  • 95,500 shares

  • €10,076,020.00 in cash

Under the liquidity contract entered into with BNP Paribas Exane, the situations or conditions resulting in the suspension of the contract are as follows:

  • when the conditions provided for in Article 5 of the aforementioned AMF decision are met;

  • if the number of its own shares held by the Issuer corresponds to the ceiling set by the General Meeting of the Issuer, taking into account the shares already held by the Issuer in accordance with Article L. 225-210 of the French Commercial Code ;

  • if the listed price of the share is higher than the intervention thresholds authorized by the General Meeting of the Issuer;

  • if the authorization to buy back shares given by the shareholders of the Issuer expires or is suspended.

The contract can also be terminated under the following conditions:

  • by the Issuer, at any time, without notice;

  • by the investment services provider, subject to one month’s notice.

About Publicis Groupe – The Power of One

Publicis Group [Euronext Paris FR0000130577, CAC 40] is a world leader in communications. The Group is positioned at each stage of the value chain, from consulting to execution, by combining marketing transformation and digital transformation of companies. Publicis Groupe is a privileged partner in the transformation of its clients for large-scale personalization. The Group relies on ten areas of expertise concentrated in four major businesses: Communication, Media, Data and Technology. Thanks to a unified and fluid organization, its customers have easy access to all of its expertise in each market. Present in more than 100 countries, Publicis Groupe employs approximately 96,000 professionals.

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