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GROUPE GORGE : Groupe Gorgé meets eligibility criteria for PEA-PME French savings account, enters the CAC PME index on 1st April and will anticipate its results announcement
Groupe Gorgé is delighted to announce that it meets all PEA-PME eligibility criteria (Decree No. 2014-283), namely fewer than 5,000 employees on the one hand, and annual turnover not exceeding €1,500 million, or balance sheet total of less than €2,000 million, on the other hand. These criteria apply to the whole Group.
The PEA (personal equity plan)-PME (small and medium enterprises) is a type of securities account in France. It has certain tax advantages for French residents. In practical terms, investors with a PEA-PME will capitalise their gains on a tax-free basis provided they hold the PEA-PME for at least five years.
The PEA-PME is implemented to foster investment and share savings in France, and to create a new instrument to support funding for SMEs and intermediate-sized enterprises.
From 1st April 2014, Groupe Gorgé will be added to the CAC PME index. This index was launched by Euronext on 27 February 2014 and groups together 40 companies taken from the list of eligible SME and intermediate-sized enterprises.
The CAC PME index is identified under ISIN FR0011710375 and the mnemonic code CAPME.
Moreover, Groupe Gorgé announces the anticipation of the announcement of its 2013 annual results via a press release on 2 April 2014. As announced earlier, the results will be presented to the members of the SFAF (French Society of Financial Analysts) on Monday, 7 April.
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