Plastivaloire to Leave Euronext Paris for Euronext Growth: What Changes for Shareholders
The Board of Directors of Plastivaloire Group has decided to implement the transfer of its share listing from the regulated market of Euronext Paris to Euronext Growth. This decision follows the approval of the General Assembly on March 31, 2026.
Purpose and Procedure of the Transfer
The transfer project aims to allow Plastivaloire to reduce the constraints associated with the regulated market of Euronext Paris and the resources committed to comply with its requirements. Euronext Growth offers a simplified operation better suited to the Group's needs while allowing it to continue benefiting from the appeal of financial markets. The transfer will be carried out through a direct admission procedure for the existing shares to be traded, without the issuance of new shares, subject to the approval of Euronext Paris.
Changes in Reporting Obligations
Plastivaloire's obligations regarding periodic information will be reduced. The Group will publish an annual report within four months of the fiscal year-end, including its annual and consolidated accounts, and will establish a corporate governance report with reduced content. A semi-annual report will be released within four months of the first half-year end, with an extended deadline. The Group will continue to adopt IFRS standards and will maintain the publication of its quarterly financial information. Plastivaloire will remain subject to applicable continuous information provisions and will continue to provide accurate, precise, and sincere information. The formalism of General Assemblies will be slightly relaxed, particularly regarding the publication of press releases and the online posting of preparatory documents, while the company will no longer be required to ensure live broadcasting of its assemblies. The protection of minority shareholders in the event of a change of control will be ensured by the mandatory public offer mechanism in case of crossing the threshold of 50% of the capital or voting rights. However, the company will remain subject, for three years from its delisting from Euronext Paris, to the public offer regimes and the maintenance of information obligations related to threshold crossings.