Velcan SA announces that it has been included among the 150 companies of the Euronext PEA‐PME 150 Index since the 3rd of October.
This index is composed of 150 companies listed on the Paris Euronext and Alternext exchanges and among the 80% most liquid SMEs eligible for the “PEA” share‐plan investment.
The selected companies are ranked by their capital free float and each company may not exceed 2.5% of the index`s total capitalization. There is also a sector limit of 20%.
The index is revised once a year and its weighting reviewed on a quarterly basis.
Philippe Pedrini, Chairman of Velcan SA declared: « Our presence in the Euronext PEA‐PMA 150 Index should contribute to increase the visibility of Velcan within the financial international community ».
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Velcan (ALVEL FP) is a company from Luxemburg, developing and operating hydroelectric concessions in emerging countries such as India, Indonesia, and Brazil.
Velcan also operates administrative and financial offices in Singapore, Mauritius and Dubaï.
The company was launched more than 10 years ago by its reference shareholder Luxembourg Hydro Power SA, owned by Velcan’s management team and Crédit Agricole Capital Investissement & Finance.
Velcan is listed on the Paris Stock Market (Euronext Alternext/Ticker ALVEL/ISIN FR0010245803).
Velcan never performed any Public Offer as understood under Directive 2003/71/CE of the European Parliament and Council.
This press release contains prospective information about the potential of the projects in progress and/or of the projects of which the development has begun. This information constitutes objectives attached to projects and shall not be construed as direct or indirect net income forecast of the concerned year. Reader’s attention is also drawn on the fact that the performance of these objectives depends on future circumstances and that it could be affected and/or delayed by risks, known or unknown, uncertainties, and various factors of any nature, notably related to economic, commercial or regulatory conjuncture, which occurrence could be likely to have a negative impact on future activity and performances of the Group.
This announcement does not constitute a public offering (“offre au public”) nor an invitation to the public or to any qualified investor in connection with any offering. This announcement is not an offer of securities in the United States of America or in any other jurisdiction/country.