Quadpack Industries S A : makes EUR 50,000 cash injection into liquidity contract with Invest Securities
April 25, 2024 at 05:16 am EDT
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RELEVANT EVENT
24 April 2024
€
Quadpack Industries (Euronext Growth: ALQP), manufacturer and provider of packaging solutions to the global beauty industry, announces that it has made a €50,000 cash contribution to the liquidity contract entrusted to investment services provider Invest Securities. This contribution, made on 24 April 2024, will help enable the balancing of cash and shares listed on the Euronext Growth stock exchange in Paris.
Invest Securities will use the increase in resources to ensure share price stability and avoid discrepancies out of line with prevailing market activity, in accordance with the provisions of Article 4 of AMF Decision No. 2021-01 of 22 June 2021 (the 'AMF Decision').
After market close on 24 April 2024 and with the €50,000 increase in the liquidity contract, the available resources are as follows:
22,764 shares
€51,298.85 in cash
During the half-year balance sheet of 31 December 2023, the following resources appeared in the liquidity account:
19,002 shares
€29,946.88 in cash
Quadpack Industries signed the liquidity contract with Invest Securities on 14 October 2019 with an initial amount of €300,000, in relation to its listing on Euronext Growth on 18 October 2019. As liquidity provider, it facilitates active trading of Quadpack's shares and acts as Quadpack's listing sponsor.
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RELEVANT EVENT
Contact details
Email: investorrelations@quadpack.com
Further information
www.quadpack.com
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QUADPACK Industries SA published this content on
25 April 2024 and is solely responsible for the information contained therein. Distributed by
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25 April 2024 09:15:02 UTC.
Quadpack Industries, S.A. specializes in the development, manufacturing and marketing of standard and customized packaging for the cosmetics industry. The group offers airless dispensing systems, foam pumps, perfume vials, tubes for mascaras, tubes for lipsticks, pots, etc. Net sales break down by activity as follows:
- sale of packaging and containers for perfume and cosmetics (56.7%);
- manufacture of plastic containers (27.2%);
- manufacture of wooden containers (9.4%);
- decoration services for containers (6.7%).
Net sales are distributed geographically as follows: Spain (17.2%), Europe (60.3%) and other (22.5%).
QUADPACK INDUSTRIES, S.A. 
