SergeFerrari Group Proposes to Transition from Euronext Paris to Euronext Growth
SergeFerrari Group announced on Wednesday that its supervisory board has decided to propose to its shareholders, at the general meeting on April 22, 2026, a transfer of its shares from the regulated market of Euronext Paris (compartment C) to Euronext Growth Paris.
Strategic Rationale for the Market Transition
The group, a global leader in innovative composite materials, justified this decision by highlighting Euronext Growth Paris as the preferred market for growing companies with a market capitalization of less than 1 billion euros and a sufficient free float exceeding 2.5 million euros. SergeFerrari Group meets these criteria. The transfer would enhance the visibility and attractiveness of its shares, which would be among the top 50 market capitalizations on Euronext Growth Paris. This migration would occur within a regulatory framework considered more suitable and with reduced obligations.
Eligibility and Admission Process
SergeFerrari Group currently meets the required eligibility criteria: a market capitalization of less than 1 billion euros and a minimum amount of publicly admitted shares of 2.5 million euros. The group plans to engage the services of TP ICAP as the admission sponsor. Subject to shareholder approval on April 22, 2026, and Euronext's agreement, the transfer would proceed through an accelerated procedure for the admission of existing shares, without the issuance of new shares.
Ongoing Obligations and Governance
The group will remain subject to periodic publication obligations: an annual report within four months following the end of the fiscal year, and a semi-annual report within four months following the end of the first semester. SergeFerrari will continue to disclose any information that could significantly influence the price of its shares. Live streaming and recording of general meetings will no longer be mandatory. The group will continue to adhere to the Middlenext governance code and maintain its CSR report and existing committees. The protection of minority shareholders in the event of a change of control will be ensured by the mandatory public offer mechanism upon crossing 50% of the capital or voting rights. The group will remain subject for three years from its delisting from Euronext Paris to the rules applicable to public offers and the transparency requirements on threshold crossings in force on Euronext Paris. The existing liquidity contract will be maintained after the transfer. As of March 11, 2026, the Ferrari concert held 77.53% of the capital and 86.4% of the voting rights.
