News
La Française de l’Energie (FDE) becomes eligible to SRD Long only
3 January 2022
Pontpierre, France, January 3rd, 2022 – La Française de l’Énergie (Euronext: LFDE – ISIN: FR0013030152), a negative carbon energy producer, announces that its shares are now eligible to Deferred Settlement Service (“SRD”) on the Long-only segment (“SRD Long only”).
Improving share liquidity
With a constantly increasing daily transaction volume, a growing number of retail investors participating in the stock trading and growing interest from institutional investors, La Française de l’Energie’s share has seen its liquidity steadily increasing.
Any share listed on the Euronext Paris stock exchange with a minimum daily transaction volume of 100,000 euros is eligible for SRD Long only status.
The SRD Long only, framed by strict prudential rules, will allow people holding a French securities account to buy short La Francaise de l’Energie shares by deferring their settlements, thus benefiting from an upward leverage effect.
Eligibility for the SRD Long only will increase the attractiveness of La Francaise de l’Energie and promote the liquidity of its share, thereby exposing it to a broader investor base.
La Française de l’Energie confirms its objective of achieving annualized revenue of € 35 million and an EBITDA margin of over 45% by the end of 2022.
Next announcement:
S1 2021-2022 Sales – January 25th 2022