Egide: Project to transfer the listing of Egide's shares on the Euronext Growth market in Paris

st, 2022 – 6 :00 pm(CET) Press Release For immediate release Project to transfer the listing of Egide's shares on the Euronext Growth market in Paris The Board of Directors of Egide (Euronext Paris - FR0000072373 - GID), held on May 2 nd, 2022, has decided to submit to the shareholders, at a combined general meeting to be held on June 30, 2022, the project of transferring the listing of the company's shares to the Euronext Growth market in Paris in the second half of 2022...

Bollène, 01/06/2022 (informazione.news - comunicati stampa - scienza e tecnologia)

, 2022 – 6 :00 pm(CET)
Press Release
For immediate release

Project to transfer the listing of Egide's shares
on the Euronext Growth market in Paris

The Board of Directors of Egide (Euronext Paris - FR0000072373 - GID) , held on May 2 , 2022, has decided to submit to the shareholders, at a combined general meeting to be held on June 30, 2022, the project of transferring the listing of the company's shares to the Euronext Growth market in Paris in the second half of 2022.

Reasons of the transfer
This transfer project aims to enable Egide to be listed on a market more appropriate to the size of the company. The transfer to the Euronext Growth market in Paris would simplify the company's operations and reduce its listing costs, while allowing it to continue to benefit from the advantages of a listing on a financial market.

Transfer requirements
The proposed transfer must be approved by the company's shareholders at a combined general meeting to be held on June 30, 2022, on first notice. The approval of the market operator Euronext is also required prior to the delisting of Egide's shares from the regulated market of Euronext Paris and their listing on the Euronext Growth market in Paris.
Egide meets the eligibility requirements for such a transfer to Euronext Growth, which include a market capitalization of less than €1 billion and a free float of over €2.5 million.

Terms of transfer
This listing by direct admission on Euronext Growth in Paris will be carried out through an accelerated procedure of direct admission to trading of Egide's existing shares, which will cease to be listed on Euronext Paris at the same time. No new shares will be issued on this transfer.
Egide will be supported in its planned transfer to Euronext Growth in Paris by Atout Capital, as Listing Sponsor.

Consequences of the transfer
In accordance with the regulations, the company wishes to inform its shareholders of some of the possible consequences of such a transfer.

In terms of periodic financial information:

Ongoing information:

In terms of protection of minority shareholders:

The company draws attention to the fact that the transfer to Euronext Growth in Paris could result in a different trend in the liquidity of the share than that observed on the regulated market of Euronext.

Beyond this, Egide would ensure that it maintains the quality of the relationships it has always sought to establish with its shareholders and investors.

Provisional timetable for the transfer (subject to approval by Euronext Paris)
May 2, 2022 :         Decision of the Board of Directors to submit to the Annual General Meeting the proposed transfer to Euronext Growth Paris.
June 1 , 2022 :         Public information on the proposed transfer of listing on Euronext Growth Paris (1 press release).
June 30, 2022 :         Ordinary General Meeting of Egide and holding of the Board of Directors to implement the transfer of the shares to Euronext Growth. In the event of a favorable vote by the Board of Directors, immediate information to the public on the final decision to transfer the shares (2 press release). Application to delist the shares from Euronext Paris and application for their direct listing on Euronext Growth Paris.
No earlier than
August 30, 2022 : Effective transfer: delisting of the shares from Euronext Paris and listing on Euronext Growth Paris.

The mnemonic code of Egide's shares (GID) would be modified on the transfer to Euronext Growth in Paris. The ISIN code (FR0000072373) would remain unchanged.
In addition, Egide shares will remain eligible for PEA and PEA-PME after the transfer to Euronext Growth in Paris.

About Egide - www.egide-group.com

Egide is a group with an international dimension. specialized in the manufacture of hermetic packages and heat dissipation solutions for sensitive electronic components. It operates in cutting edge markets with strong technology barriers to entry in all critical industry segments (Thermal Imaging. Optronics. High-Frequency. Power Units…). Egide is the only pure player in this market niche with manufacturing bases in France and the United States.

EGIDE is listed on Euronext Paris™- Segment C - ISIN code : FR0000072373
Reuters: EGID.PA – Bloomberg: GID

CONTACTS
EGIDE – Finance Department - Luc Ardon - +33 4 90 30 35 94 – luc.ardon@fr.egide-group.com

FIN'EXTENSO – Press Relations - Isabelle Aprile - +33 6 17 38 61 78 – i.aprile@finextenso.fr

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