Release details

2018-10-19 18:04 CEST
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Kaufman & Broad SA : TERMINATION AND IMPLEMENTATION OF A LIQUIDITY AGREEMENT

Paris, October 19th 2018

TERMINATION AND IMPLEMENTATION OF A LIQUIDITY AGREEMENT

As of October 22nd, 2018 and for a period of one year automatically renewable, Kaufman & Broad SA requested the financial institution Rothschild Martin Maurel to implement a liquidity contract in with the provisions of the legal framework in force, and in particular the provisions of Regulation (EU) No 596/2014 of the European Parliament and Council of 16 April 2014 especially its articles 5 and 13, the provisions of articles L. 225-209 and following of the Commercial Code, as well as the French Financial Market Autority (AMF) decision of March 21st, 2011.

As of October 19th, 2018, the liquidity contract was terminated by the Company Kaufman & Broad SA to Kepler Cheuvreux, contract  signed originally on August 1st ,2016.

To date, the following assets were in the liquidity account:

  • 283,138.17 euros
  • 32,765 shares Kaufman & Broad SA

For the implementation of this contract, the following resources have been allocated to the liquidity account:

  • 283,138.17 euros
  • 32,765 shares Kaufman & Broad SA

It is recalled that at the last biannual report (June 30th, 2018), the following resources were in the liquidity account:

  • 858,422.34 euros
  • 19,926 shares Kaufman & Broad SA

This press release is available at www.kaufmanbroad.fr

Contacts

Chief Financial Officer
Bruno Coche
01 41 43 44 73
infos-invest@ketb.com

 

 
Press Relations
Media relations: Hopscotch Capital: Violaine Danet
01 58 65 00 77 / k&b@hopscotchcapital.fr
Kaufman & Broad: Emmeline Cacitti
06 72 42 66 24 / ecacitti@ketb.com

About Kaufman & Broad - Kaufman & Broad has been designing, building, and selling single-family homes in communities, apartments, and offices on behalf of third parties for 50 years. Kaufman & Broad is one of the leading French developers-builders due to the combination of its size and profitability, and the strength of its brand.

The Kaufman & Broad Registration Document was filed with the French Financial Markets Authority ("AMF") under No. D.18 0226 on March 29, 2018. It is available on the AMF (www.amf-france.org) and Kaufman & Broad (www.kaufmanbroad.fr) websites. It contains a detailed description of Kaufman & Broad's business activities, results, and outlook, as well as the associated risk factors. Kaufman & Broad specifically draws attention to the risk factors set out in Chapter 1.2 of the Registration Document. The occurrence of one or more of these risks may have a material adverse effect on the Kaufman & Broad Group's business activities, net assets, financial position, results, and outlook, as well as on the price of Kaufman & Broad's shares.
This press release does not amount to, and cannot be construed as amounting to a public offering, a sale offer or a subscription offer, or as intended to seek a purchase or subscription order in any country.

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