SCOR enters into new liquidity agreement with Exane

French reinsurer SCOR SE has entered into a new liquidity contract with Exane, following changes in the regulations relating to liquidity agreements.

The move is in line with the French markets regulator Autorité des marchés financiers' (AMF's) decision 2018-01 of July 2, 2018, regarding establishing liquidity agreements on equity shares as an accepted market practice.

The new contract, which takes retroactive effect from January 1, 2019, will be in place for 12 months and is renewable. It replaces the existing liquidity contract that began on July 25, 2005 with Exane.

The contract relates to the company’s shares listed on the Euronext Paris regulated market.

As of June 28, 2019, after the close of the stock market, the resources allocated to the liquidity account were €14.37 million and 104,127 shares.

On December 31, 2018, the resources allocated to the liquidity account amounted to €13.79 million and 120,728 shares.

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