Prodways Announces Transfer to Euronext Growth Paris

Prodways Group has decided to transfer its shares from Euronext Paris to the Euronext Growth Paris market. This decision was made by the Board of Directors on January 23, 2025, with plans to seek shareholders' approval at a meeting on March 10, 2025. The move aims to optimize operating costs and agility under a regulatory framework better suited for the company's size.

The transition is intended to reduce certain operational constraints while still maintaining access to financial market benefits. Prodways expects to launch a strategic review and announce findings by the second quarter of 2025. Key dates include financial communications on February 12 and March 19, 2025.

The company remains financially stable, with 2024 revenue projected to remain steady and an enhancement of EBITDA margin rates targeted. The transfer process requires shareholder approval and Euronext Paris SA’s agreement, with the shares re-listing on Euronext Growth Paris anticipated shortly thereafter.