Lisi shares were down by more than 10% on the Paris Bourse on Friday, following a placement of shares by the family holding company Peugeot Invest, at a unit price of 21 euros, well below the previous day's closing price of 23.9 euros.

At around 12:30 pm, the share price of the manufacturer of assembly solutions, notably for the automotive and aerospace industries, was one of the steepest decliners on the Paris market, in particularly high volumes.

Peugeot Invest announced yesterday evening that it had successfully sold over 1.9 million shares, representing around 4.08% of the capital, in an accelerated placement reserved for institutional investors, for a total amount of around 40 million euros.

Following this operation, the investment company, which is one of the main shareholders of Stellantis and Forvia, will hold only 10% of Lisi's capital and 5% of the voting rights.

Peugeot Invest, which took part in the reorganization of Lisi's capital structure at the beginning of 2023, explains that the placement will enable the company's free float to be enlarged, and will contribute to a better animation of the share and its revaluation, describing the company's development prospects as "promising".

The share price has risen by more than 8% over the past 12 months.

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