MEMSCAP Confirms Its Eligibility for French PEA-PME Savings Plans

GRENOBLE, France, January 30, 2023--(BUSINESS WIRE)--Regulatory News:

MEMSCAP (NYSE Euronext: MEMS) (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.

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

About MEMSCAP
MEMSCAP is a leading provider MEMS1 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 became the first listed MEMS company in the world in March 2001.

1 Micro Electro Mechanical Systems

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MEMSCAP est cotée sur Euronext Paris ™
Compartiment C - Code ISIN : FR0010298620 - MEMS.

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Contacts

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

For more information, visit our website at:
www.memscap.com.