Getlink SE: End of PEA-PME Eligibility
08 March 2024 - 6:00PM
Business Wire
Regulatory News:
Getlink SE (Paris:GET):
Since the scheme was introduced (decree no. 2014-283 of 4 March
2014), Getlink SE has been eligible for the PEA-PME. Given the
development of its revenue, which have exceeded the ceiling of €1.5
billion (€1,606 million at 31 December 20221), the company is no
longer eligible for this scheme from 1er January 2024, pursuant to
Article D221-113-5 of the Monetary and Financial Code2 .
About Getlink
Getlink SE (Euronext Paris: GET), through its subsidiary
Eurotunnel, is the concession holder for the Channel Tunnel
infrastructure until 2086 and operates Truck and Passenger Shuttle
services (cars and coaches) between Folkestone (UK) and Calais
(France). Since 31 December 2020 Eurotunnel has been developing the
smart border to ensure that the Tunnel remains the fastest, most
reliable, easiest, and most environmentally friendly way to cross
the Channel. Since it opened in 1994, almost 500 million people and
more than 102 million vehicles have travelled through the Channel
Tunnel. This unique land link, which carries 25% of trade between
the Continent and the UK, has become a vital link, reinforced by
the ElecLink electricity interconnector installed in the Tunnel,
which helps to balance the energy needs between France and the UK.
Getlink completes its sustainable mobility services with its rail
freight subsidiary Europorte. Committed to "low carbon" services
that control their impact on the environment (through its
activities, the Group avoids the equivalent of 1.9 million tonnes
of CO2 per year), Getlink has made the place of people, nature and
territories a central concern.
https://www.getlinkgroup.com
________________________________________ 1 Press release
published by Getlink SE on the 2022 annual results:
23022023-2022-full-year-results-getlink.pdf (getlinkgroup.com) 2
specifies that the data used to determine the eligibility of the
securities of the issuing company for the plan are those relating
to the penultimate closed accounting period preceding the date of
acquisition of the securities
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