Xilam Animation: Establishment of a new Liquidity Contract with NATIXIS ODDO BHF
PARIS–(COMMERCIAL THREAD) – Regulatory news:
December 31, 2021 Xilam Animation (ISIN Code: FR0004034072, Ticker: XIL), announces having terminated the liquidity contract in place since July 3, 2017, and having mandated NATIXIS and ODDO BHF SCA to implement a new liquidity contract, as of January 1, 2022 , for a tacitly renewable period of one year.
This new contract complies with the decision of the AutoritÃ© des marchÃ©s financiers (AMF) n Â° 2021-01 of June 22, 2021 relating to the implementation of equity liquidity contracts as a market practice and the standard contract of the âFrench Association of Financial Marketsâ (AMAFI).
This contract with NATIXIS ODDO BHF aims to improve the trading of the Company’s shares on the regulated market of Euronext Paris.
On the date of termination of the previous contract, the following resources appeared in the liquidity account:
The following resources have been allocated to the new liquidity account:
The execution of the liquidity contract may be suspended in the event of the occurrence of the following events or conditions:
when the conditions provided for in article 5 of AMF decision 2021-01 of 22 June 2021 are met;
if the share is listed outside the thresholds authorized by the General Meeting of the Company;
at the request of the Company.
The liquidity contract can be terminated at any time and without notice by Xilam Animation, at any time by NATIXIS and / or ODDO BHF SCA with a notice of fifteen (15) calendar days.
A major player in animation, Xilam is an integrated studio founded in 1999 that creates, produces and distributes original programs in more than 190 countries for children and adults. Xilam content is broadcast on television and is also available on SVOD platforms including Netflix, Disney +, Amazon and NBC Universal, and AVOD streaming platforms including YouTube and Facebook. With its creativity and its capacity for innovation recognized worldwide, and its editorial and commercial expertise at the forefront of its industry, Xilam is positioned as a key player in a rapidly growing market. Each year, Xilam builds real successes and capitalizes on its powerful historical brands, including Oggy and the Cockroaches, Zig & Sharko and Chick, as well as new properties such as Oggy Oggy for a preschool audience, Mr. Magoo and Trico. Xilam’s Strong and Growing Catalog Now Includes Over 2,700 Episodes and Three Feature Films, Including One OscarÂ® Nominated Adult Feature I lost my body. Xilam has unique expertise in 3D. the Studio employs more than 500 people, including 400 artists, in its studios in Paris, Lyon, AngoulÃªme and Ho Chi Minh in Vietnam. Xilam is listed on Euronext Paris Compartment B – Eligible for PEA – SRD long.