Deezer SA (FR:DEEZR) has released an update.
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Deezer SA, the global music streaming service, has announced a transfer of its listing from the professional to the general segment of Euronext Paris, accompanied by a public offering of 120,000 existing ordinary shares at a fixed price of €1.66 per share. The transfer and offering are part of a strategic move following board approval and are anticipated to take effect on July 8, 2024, after the settlement and delivery of shares. This initiative follows the suspension of their Liquidity Agreement and is detailed in a Prospectus approved by the French Financial Markets Authority.
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