18.12.2015 18:00:00
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MEMSCAP Admitted to the SRD (Deferred Settlement Service) "Long-Only”
Regulatory News:
Memscap (Paris:MEMS), the leading provider of innovative solutions based on MEMS (micro-electro-mechanical systems) technology, today announces that its shares will be admitted to the Euronext Paris SRD (Service de Réglement Différé - Deferred Settlement Service) from December 29, 2015 on the "Long-only” segment.
In practice, the SRD "Long-only” will allow holders of a French securities account to purchase on margin MEMSCAP shares using the leveraged effect of deferred settlement. Unlike the conventional SRD, securities listed on the "Long-only” segment are negotiable for purchase only.
The admission to the SRD "Long-only” is granted to stocks listed on Euronext Paris and achieving a minimum daily trading volume of EUR.100,000. This will strengthen the liquidity and attractiveness of MEMSCAP shares.
About MEMSCAP
MEMSCAP is the leading provider of innovative micro-electro-mechanical systems (MEMS)-based solutions. MEMSCAP standard and custom products and solutions include components, component designs (IP), manufacturing and related services. MEMSCAP customers include Fortune 500 businesses, major research institutes and universities. The company's shares are traded on the Eurolist of NYSE Euronext Paris S.A (ISIN: FR0010298620-MEMS) and belong to the CAC small, CAC Mid & Small, CAC All-Tradable and CAC All-Share indexes. More information on the company's products and services can be obtained at www.memscap.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151218005206/en/
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