HIMEDIA GROUP: SUSPENSION OF LIQUIDITY AGREEMENT

Paris, June 19, 2015, 5:40 p.m. - In the context of the undergoing separation project of its media activities (Hi-Media) and online payment activities (HiPay Group), Hi-Media Group also announced that it plans to consolidate its shares according to a parity of 15 old Hi-Media Group shares for 1 new Hi-Media Group share.

Consequently, from 26 June 2015, the shares issued by Hi-Media Group (FR0000075988) will no longer be eligible for the SRD - Long only. This period of suspended eligibility will last until July 24th  2015, the date of the first listing of Hi-Media Group's shares, with the new ISIN code. Shareholders will be able to place market orders for the SRD - Long only, from that date.

It is stated that a Euronext notice dated July 22nd will specify the terms of the share consolidation and the renewal of the eligibility of Hi-Media Group shares for the SRD - Long only.

 
  


About HiMedia Group:
HiMedia Group guides advertisers, publishers and retailers on the development of their digital strategies. Operating in two business areas, digital advertising - HiMedia - and online payment - HiPay, its experts offer the solutions that are best adapted to boosting clients' revenues.

Established in Europe, in the United States and in Latin America, the Group employs approximately 410 people and generated sales of €166 million in 2014. Independent since its creation, the company is listed on the Euronext Paris Compartment C and is included in the CAC Small, CAC-All Tradable indices and CAC PME.

Code ISIN: FR 0000075988 / Mnémo: HIM

More information on www.himediagroup.com:
http://www.himediagroup.com
Facebook: https://www.facebook.com/HiMediaGroup:
https://www.facebook.com/HiMediaGroup
Follow us on Twitter: @himediagroup
LinkedIn: http://www.linkedin.com/company/himediagroup:
http://www.linkedin.com/company/himediagroup


Contacts Citigate Dewe Rogerson:

 

Agnès Villeret (Investor relations)
0033 (0)1 53 32 78 95 - 0033 (0)6 66 58 82 61
agnes.villeret@citigate.fr:
mailto:agnes.villeret@citigate.fr
 

 

Audrey Berladyn (Press) 
0033 (0)1 53 32 84 76 - 0033 (0)6 68 52 14 09
audrey.berladyn@citigate.fr

This press release does not constitute an offer to sell, or a solicitation of an offer to buy Hi-Media shares. If you wish to obtain more complete information about HiMedia Group, please refer to our Internet site http://www.himediagroup.com/ :
http://www.himediagroup.com/under the Investors heading.This press release may contain some forward-looking statements. Although HiMedia Group considers that these statements are based on reasonable hypotheses on the publication date of this release, they are by their very nature subject to risks and uncertainties that could cause the actual results to differ from those indicated or projected in these statements. HiMedia Group operates in a continually changing environment and new risks could potentially emerge. HiMedia Group assumes no obligation to update these forward-looking statements, whether to reflect new information, future events or other circumstances.

HIMEDIA GROUP: SUSPENSION OF SRD LONG ONLY ELIGIBILITY:
http://hugin.info/143474/R/1929944/693498.pdf



This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: HI-MEDIA via Globenewswire

HUG#1929944