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Memscap Confirms Its Eligibility for French PEA-PME Savings Plans

GRENOBLE, France, February 08, 2024--(BUSINESS WIRE)--Regulatory News:

MEMSCAP (Euronext Paris: MEMS), leading provider of high-accuracy, high-stability pressure sensor solutions for the avionics and medical markets using MEMS technology (Micro Electro Mechanical Systems), confirms its eligibility for the French small and mid-caps share savings plan (PEA-PME) whose implementing decree Nr. 2014-283 was published on March 4, 2014.

The MEMSCAP Group meets all the eligibility criteria for the PEA-PME: less than 5,000 employees plus annual revenue below EUR.1.5 billion or balance sheet assets of less than EUR.2 billion.

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MEMSCAP shares may thus partake in PEA-PME savings plans dedicated for investments in SMEs and midcaps.

About MEMSCAP

MEMSCAP is a leading provider MEMS based pressure sensors, best-in-class in term of precision and stability (very low drift) for two market segments: aerospace and medical. MEMSCAP also provides variable optical attenuators (VOA) for the optical communications market. MEMSCAP is listed on Euronext Paris (ISIN code: FR0010298620 – Ticker symbol: MEMS). For more information, visit our website at: www.memscap.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240208841767/en/

Contacts

Yann Cousinet
Chief Financial Officer
Ph.: +33 (0) 4 76 92 85 00
yann.cousinet@memscap.com