Implementation of a liquidity agreement with TSAF
January 13, 2022
IERVOLINO & LADY BACARDI ENTERTAINMENT (Euronext Growth Paris – IT0005380602 – ALIE) announces the implementation of a liquidity agreement with TSAF – Tradition Securities And Futures from 12 January 2022.
This liquidity agreement was drafted in accordance with the provisions laid down in the legal framework in force, and more specifically those of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (MAR), Commission Delegated Regulation (EU) 2016/908 of 26 February 2016 supplementing Regulation (EU) No 596/2014, Commission Delegated Regulation (EU) 2017/567 of 18 May 2016 supplementing Regulation (EU) No 600/2014 of the European Parliament and of the Council, articles L.225-207 et seq. of the French Commercial Code, the General Regulation of the French Financial Markets Authority (AMF), especially articles 221-3 and 241-4, and AMF Decision No 2021-01 of 22 June 2021 renewing the introduction of liquidity agreements on equity securities according to normal market practice.
It has been concluded for a term of 1 year and may be renewed by tacit consent. It covers the coordination of the activities of the company IERVOLINO & LADY BACARDI ENTERTAINMENT, listed on Euronext Growth Paris under the ISIN code IT0005380602 and the mnemonic ALIE.
The following funds have been assigned to the liquidity account for the implementation of this agreement: €50,000
Performance of the liquidity agreement will be suspended under the conditions indicated in article 5 of AMF decision no. 2021-01 of 22 June 2021.
The liquidity agreement may be terminated:
- at any time by IERVOLINO & LADY BACARDI ENTERTAINMENT subject to a one-month notice period,
- automatically by TSAF subject to a one-month notice period,
- automatically when the parties are unable to agree on how to continue with the agreement.