Termination of Liquidity Agreement with SG Securities.
Signature of a new Liquidity Agreement with Exane BNP Paribas.
Paris, May 21, 2012. SG Securities (Société Générale) has notified Lectra on April 11, 2012 of the termination of the Liquidity Agreement signed on September 15, 2005, in compliance with the Charter of Ethics of the Association Française des Marchés Financiers (AMAFI) recognized by the Autorité des Marchés Financiers (AMF).
At the date of notification, the following resources were allocated to the liquidity account: 147,730 Lectra shares and €13,769 in cash.
Signature of a new Liquidity Agreement with Exane BNP Paribas
As of May 21, 2012, Lectra has entrusted Exane BNP Paribas as liquidity provider for an initial period ending on December 31, 2012, thereafter automatically renewable annually, within the frame of a Liquidity Agreement signed in accordance with the Charter of Ethics established by the AMAFI recognized by the AMF.
For the implementation of this new Liquidity Agreement, the following resources have been allocated to the liquidity account: 146,965 Lectra shares and €17,870 in cash.
Lectra may increase the resources allocated, if necessary, by contributing up to €1 million (with a maximum corresponding to the market value of 150,000 Lectra shares), in addition to the initial resources allocated to Exane BNP Paribas.
With 1,350 employees worldwide, Lectra is the world leader in software, CAD/CAM equipment, and related services specially created for large-scale users of textiles, leathers, and industrial fabrics. Lectra serves a broad array of major global markets, mainly fashion (apparel, accessories, and footwear), automotive (car seats and interiors, airbags), and furniture as well as a wide variety of other sectors, such as aeronautical and marine industries, wind energy, etc.
Lectra (code ISIN FR0000065484) is listed on NYSE Euronext (compartment C).
lectra.com
Lectra - World Headquarters & siège social : 16-18, rue Chalgrin, 75016 Paris - France
Tél. +33 (0)1 53 64 42 00 - Fax +33 (0)1 53 64 43 00 - www.lectra.com
Société anonyme au capital de € 28 918 680 - RCS Paris B 300 702 305
