CHAILLÉ-SOUS-LES-ORMEAUX, France--(BUSINESS WIRE)--Regulatory News:
Hoffmann Green Cement Technologies (ISIN: FR0013451044, Ticker: ALHGR) (“Hoffmann Green Cement” or the “Company”), an industrial player committed to the decarbonation of the construction sector that designs and markets innovative clinker-free cements, announced ending its liquidity contract concluded with Portzamparc – Groupe BNP Paribas on 31 December, 2019 and having appointed NATIXIS and ODDO BHF SCA to implement a liquidity contract, starting on January 2, 2025, for a period of one year tacitly renewable.
This contract complies with the decision of the Autorité des marchés financiers (AMF) n°2021-01 of June, 22 2021 related to the establishing of liquidity contracts on shares as accepted market practice and the standard contract of the Association française des marchés financiers (AMAFI).
This contract with NATIXIS ODDO BHF aims at improving Company’s shares trading on the regulated market of Euronext Paris
Before the termination, the following resources were allocated to the liquidity account:
- 18 670 shares HOFFMANN GREEN CEMENT TECHNOLOGIES
- 58 395,14 euros
The following resources have been allocated to the liquidity account:
- 18 670 shares HOFFMANN GREEN CEMENT TECHNOLOGIES
- 208 395,14 euros
The execution of the liquidity contract may be suspended upon occurrence of the following events or conditions:
- when all conditions provided in Article 5 of the AMF Decision n°2021-01 June 22, 2021 are met;
- if the share is listed outside the thresholds authorized by the Company’s Shareholders’ Meeting;
- upon the Company request.
The liquidity contract may be terminated at any time and without prior notice by HOFFMANN GREEN CEMENT TECHNOLOGIES, at any time by NATIXIS and/or ODDO BHF SCA subject to fifteen (15) calendar days' notice
ABOUT HOFFMANN GREEN CEMENT TECHNOLOGIES
Founded in 2014 and based in Bournezeau (Vendée, Western France), Hoffmann Green Cement Technologies designs, produces and distributes innovative extremely low-carbon cements – with a carbon footprint 5 times lower than traditional cement – that present, at equivalent dosage and with no alteration to the concrete manufacturing process, superior performances than traditional cement.
Hoffmann Green operates two production units powered by a solar tracker park on the Bournezeau site: a 4.0 factory and H2, the world's first vertical cement plant inaugurated in May 2023. A third factory will be established at the Grand Port of Dunkirk in 2025, bringing the total production capacity to 550,000 tons per year, representing 3% of the French market. The group has industrialized a genuine technological breakthrough based on modifying cement composition and creating a cold manufacturing process, with 0% clinker and low energy consumption, making it a leading and unique player in the cement market that has not evolved for 200 years.
In a context of climate urgency and energy price inflation, Hoffmann Green Cement actively participates in energy transition by producing clean cement that consumes 10 to 15 times less energy than Portland cement. It also promotes eco-responsible construction and encourages circular economy and natural resource preservation. With its unparalleled and constantly evolving technological expertise, driven by high-performing teams, Hoffmann Green Cement Technologies serves all markets in the construction sector, both in France and internationally.
Hoffmann Green was selected among the 2022 promotion of the top 20 French green startups as part of the French Tech Green20 program, led by the French Tech Mission in partnership with the Ministry of Ecological Transition. In June 2023, the company was selected for French Tech 2030, a new ambitious support program operated by the French Tech Mission alongside the General Secretariat for Investment (SGPI) and Bpifrance.
The company continues its international development with contract signings in the United Kingdom, Belgium, Switzerland, Saudi Arabia and recently in the United States. For further information, please go to : www.ciments-hoffmann.fr/
