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PASSAT plans to transfer its shares to Euronext Growth

Stock price chart of PASSAT (EPA:PSAT) showing fluctuations.

PASSAT announced its intention to transfer the listing of its shares from the regulated market Euronext Paris to Euronext Growth Paris, a decision approved by its shareholders on June 20, 2025. This move aims to adapt to PASSAT's size and activity while reducing regulatory constraints and costs.

The transition, subject to approval by Euronext Paris, would be made without issuing new shares, through an accelerated direct admission procedure. PASSAT will continue to comply with IFRS standards for its consolidated financial statements and to provide simplified financial reporting that complies with current rules.

This change could affect the liquidity of the securities and encourage some investors to sell. Finally, PASSAT has chosen Allegra Finance to assist it with this transfer process.

R. P.

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