EduBourseActualitésClub Méditerranée Implements a Liquidity Contract

Club Méditerranée Implements a Liquidity Contract

Paris – November 14, 2005 – Club Méditerranée announced today that it has mandated CA Cheuvreux to implement a liquidity contract concerning its shares.

The contract complies with the Business Ethics Charter of the French Association of Investment Firms (AFEI), as approved by France’s Autorité des Marchés Financiers on March 22, 2005. It will take effect as from November 15, 2005 for a period of one year, with tacit renewal. Club Méditerranée has allocated €2 million to the liquidity account for the purpose of the contract, which is designed to support the share buyback program approved by shareholders at the Annual and Extraordinary Meeting of March 16, 2005.

The objective is to reduce excessive volatility in the Club Méditerranée share price and to widen the market for the share.

Contacts
Press: Thierry Orsoni Phone: +33 1 53 35 31 29
[email protected]

Financial Analysts: Caroline Bruel Phone: +33 1 53 35 30 75
[email protected]

Pierre Perrin-Monlouis
Pierre Perrin-Monlouis
Fondateur de Rente et Patrimoine (cabinet de gestion de patrimoine), Pierre Perrin-Monlouis est un analyste et trader pour compte propre. Il vous fait profiter de son expérience en trading grâce à ses analyses financières et décrypte pour vous les actualités des marchés. Son approche globale des marchés combine à la fois l'analyse technique et l'analyse fondamentale sur l'ensemble des marchés : crypto, forex, actions et matières premières.
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