TECHNICOLOR: SUSPENSION OF TECHNICOLOR'S SHARE MANAGEMENT AGREEMENT
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Issy-les-Moulineaux, April 26, 2018
Regulated Information
SUSPENSION OF TECHNICOLOR'S SHARE MANAGEMENT AGREEMENT
TECHNICOLOR appointed NATIXIS for the implementation of a share management agreement on its ordinary shares from April 1st, 2016, for a period of one year, automatically renewable.
As a result of the Board's decision not to submit to the shareholders a new share purchase program in 2018, Technicolor decided to suspend this share management agreement with effect on April 26, 2018.
For information, as of the last statement on this agreement (i.e. December 29, 2017), the following assets were booked to the liquidity account:
- 606,982 TECHNICOLOR shares
- €353,833.07
Technicolor will publish a press release as soon as the share management agreements is re-activated.
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About Technicolor
Technicolor, a worldwide technology leader in the media and entertainment sector, is at the forefront of digital innovation. Our world class research and innovation laboratories enable us to lead the market in delivering advanced video services to content creators and distributors. Our commitment: supporting the delivery of exciting new experiences for consumers in theaters, homes and on-the-go.
www.technicolor.com - Follow us: @Technicolor - linkedin.com/company/technicolor
Technicolor shares are on the Euronext Paris exchange (TCH) and traded in the USA on the OTCQX marketplace (OTCQX: TCLRY).
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: TECHNICOLOR via Globenewswire
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