Sopra Steria Group: Increase in the Level of Resources Allocated to the Liquidity Agreement With ODDO BHF SCA

Rhea-AI Summary

Sopra Steria (Euronext Paris: SOP) has announced an increase of 4 million euros in resources allocated to its liquidity agreement with ODDO BHF SCA. This brings the total available cash to 5,179,365.31 euros and 12,123 shares available under the agreement. This initiative aims to enhance liquidity for the company as it continues to drive digital transformation for clients across various sectors, with a reported revenue of €4.3 billion in 2020.

Positive

• Increased liquidity agreement resources by €4 million.
• Total cash available now stands at €5,179,365.31.
• Company reported €4.3 billion in revenue for 2020.

Negative

• None.

PARIS--(BUSINESS WIRE)-- Regulatory News:

Pursuant to the provisions of Article 4 of AMF Decision No. 2021-01 of 22 June 2021 (the “AMF Decision”), Sopra Steria (Paris:SOP) today increased, by 4,000,000 (four million) euros, the resources allocated to the implementation of the liquidity agreement with ODDO BHF SCA.

Following this increase in the amount of cash allocated to the liquidity agreement, the resources available are as follows:

- 12,123 (twelve thousand one hundred twenty-three) shares

- 5,179,365.31 euros (five million one hundred seventy-nine thousand three hundred sixty-five euros and thirty-one cents)

About Sopra Steria

Sopra Steria, a European leader in consulting, digital services and software development, helps its clients drive their digital transformation and obtain tangible and sustainable benefits. It provides end-to-end solutions to make large companies and organisations more competitive by combining in-depth knowledge of a wide range of business sectors and innovative technologies with a fully collaborative approach. Sopra Steria places people at the heart of everything it does and is committed to putting digital to work for its clients in order to build a positive future for all. With 46,000 employees in nearly 30 countries, the Group generated revenue of €4.3 billion in 2020.

The world is how we shape it.

Sopra Steria (SOP) is listed on Euronext Paris (Compartment A) – ISIN: FR0000050809

For more information, visit us at www.soprasteria.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20220909005258/en/

Investor Relations

Olivier Psaume

olivier.psaume@soprasteria.com

+33 (0)1 40 67 68 16

Press Relations

Caroline Simon (Image 7)

caroline.simon@image7.fr

+33 (0)1 53 70 74 65

Source: Sopra Steria Group

FAQ

What is the recent liquidity agreement increase for Sopra Steria (SPPSY)?

Sopra Steria has increased its liquidity agreement resources by 4 million euros.

How much cash is available under Sopra Steria's liquidity agreement after the increase?

The total available cash under the liquidity agreement is now 5,179,365.31 euros.

What was Sopra Steria's revenue in 2020?

Sopra Steria reported a revenue of €4.3 billion in 2020.

How many shares are available under Sopra Steria's liquidity agreement?

There are currently 12,123 shares available under the liquidity agreement.