GENFIT: Half-Year Report of Liquidity Contract with Crédit Industriel et Commercial

In this article:

Lille (France), Cambridge (Massachusetts, United States), July 10, 2020 – GENFIT (Nasdaq and Euronext: GNFT), a late-stage biopharmaceutical company dedicated to improving the lives of patients with metabolic and chronic liver diseases, today announced the half-year report of the liquidity contract with Crédit Industriel et Commercial.

Under the liquidity contract GENFIT has with Crédit Industriel et Commercial, the following resources appeared on the liquidity account as of June 30, 2020:

  • 47,698 shares

  • €843,093.45

During the first half of 2020, total trading was:

  • On the buy side: 907,525 shares for a total amount of €12,000,487.51

  • On the sell side: 877,959 shares for a total amount of €11,820,318.69

During this same period in the first half of 2020, the number of trades were:

  • On the buy side: 2,397

  • On the sell side: 3,847

As a reminder, upon signing of the contract, the following resources appeared on the liquidity account:

  • 27, 911 shares

  • €769 849,43

ABOUT GENFIT

GENFIT is a biopharmaceutical company dedicated to improving the lives of patients with metabolic and chronic liver diseases. GENFIT is dedicated to the research and development of innovative therapeutic and diagnostic solutions for diseases associated with high unmet medical needs. GENFIT, pioneer in the field of nuclear receptor-based drug discovery, relies on a rich history and strong scientific heritage to develop its research programs. Its most advanced drug candidate, elafibranor, is currently being evaluated in a pivotal Phase 3 clinical trial (“RESOLVE-IT”) as a potential treatment for NASH and GENFIT plans to initiate a Phase 3 clinical trial of elafibranor in patients with PBC, a liver condition of auto-immune origin. As part of GENFIT’s comprehensive approach to clinical management of patients with NASH, the Company is also developing a new, non-invasive blood-based diagnostic technology, NIS4™, which, if approved, could enable easier identification of patients with NASH eligible to therapeutic intervention. With facilities in Lille and Paris, France, and Cambridge, MA, USA, the Company has approximately 200 employees. GENFIT is a publicly traded company listed on the Nasdaq Global Select Market and on compartment B of Euronext’s regulated market in Paris (Nasdaq and Euronext: GNFT). www.genfit.com

FORWARD LOOKING STATEMENTS

This press release contains certain forward-looking statements, including those within the meaning of the Private Securities Litigation Reform Act of 1995, with respect to GENFIT, including statements about the Company’s next development steps, and the potential of its product candidates. The use of certain words, including “believe,” “potential,” “expect” and “will” and similar expressions, is intended to identify forward-looking statements. Although the Company believes its expectations are based on the current expectations and reasonable assumptions of the Company’s management, these forward-looking statements are subject to numerous known and unknown risks and uncertainties, which could cause actual results to differ materially from those expressed in, or implied or projected by, the forward-looking statements. These risks and uncertainties include, among other things, the uncertainties inherent in research and development, including related to safety, biomarkers, progression of, and results from, its ongoing and planned clinical trials, review and approvals by regulatory authorities of its drug and diagnostic candidates and the Company’s continued ability to raise capital to fund its development, as well as those risks and uncertainties discussed or identified in the Company’s public filings with the French Autorité des marchés financiers (“AMF”), including those listed in Section 2.1 “Main Risks and Uncertainties” of the Company’s 2019 Universal Registration Document filed with the AMF on May 27, 2020 under n° D.20-0503, which is available on GENFIT’s website (www.genfit.com) and on the website of the AMF (www.amf-france.org) and public filings and reports filed with the U.S. Securities and Exchange Commission (“SEC”), including the Company’s 20-F dated May 27, 2020. In addition, even if the Company’s results, performance, financial condition and liquidity, and the development of the industry in which it operates are consistent with such forward-looking statements, they may not be predictive of results or developments in future periods. These forward-looking statements speak only as of the date of publication of this document. Other than as required by applicable law, the Company does not undertake any obligation to update or revise any forward-looking information or statements, whether as a result of new information, future events or otherwise.

CONTACT

GENFIT | Investors

Naomi EICHENBAUM – Investor Relations | Tel: +1 (617) 714 5252 | investors@genfit.com

PRESS RELATIONS | Media

Hélène LAVIN – Press relations | Tel: +333 2016 4000 | helene.lavin@genfit.com

GENFIT | 885 Avenue Eugène Avinée, 59120 Loos - FRANCE | +333 2016 4000 | www.genfit.com

APPENDIX
H1 2020

Buy Side

Sell Side

Date

Number of executions

Number of shares

Traded amount in EUR

Number of executions

Number of shares

Traded amount in EUR

TOTAL

2 397

907 525

12 000 487,51

3 847

877 959

11 820 318,69

02/01/2020

18

5001

92 617,90

60

12001

222 617,90

03/01/2020

22

5001

91 018,64

22

5001

91 958,64

06/01/2020

25

5001

89 858,04

16

3001

54 318,04

07/01/2020

22

9018

163 624,25

18

4001

73 118,25

08/01/2020

18

5984

106 254,08

16

5001

88 917,87

09/01/2020

6

4001

71 417,81

29

8001

143 927,81

10/01/2020

33

7785

144 343,74

36

8564

158 612,54

13/01/2020

12

4217

78 492,92

16

4438

82 834,12

14/01/2020

7

2001

37 118,63

19

6001

112 348,63

15/01/2020

15

4001

75 418,95

13

3001

57 068,95

16/01/2020

20

5001

93 518,90

6

2001

37 718,90

17/01/2020

20

5001

92 668,65

1

1

18,65

20/01/2020

15

3001

55 418,41

16

6001

111 718,41

21/01/2020

18

3627

67 080,92

6

2001

37 118,70

22/01/2020

31

11001

198 118,50

11

2001

36 918,50

23/01/2020

54

18292

317 071,19

55

13660

236 224,14

24/01/2020

59

20001

336 217,05

62

12436

210 381,25

27/01/2020

22

9001

145 256,18

42

9466

153 676,74

28/01/2020

30

12310

199 073,03

7

3001

49 136,50

29/01/2020

16

7692

124 882,43

35

9001

147 266,16

30/01/2020

16

6990

111 410,85

9

2225

35 717,28

31/01/2020

13

8012

125 591,17

31

8539

135 005,48

03/02/2020

1

1

15,40

7

1002

15 660,91

04/02/2020

1

1

15,94

11

3342

53 917,74

05/02/2020

1

1

16,24

1

1

16,24

06/02/2020

5

1809

28 663,01

18

1809

28 891,10

07/02/2020

16

4193

66 068,79

7

2001

31 815,99

10/02/2020

15

4001

61 816,20

28

4001

62 616,20

11/02/2020

6

2001

32 015,70

16

4454

71 840,20

12/02/2020

9

4844

79 534,29

41

6979

115 228,04

13/02/2020

18

7001

116 166,51

84

9122

151 378,68

14/02/2020

5

6001

100 716,67

49

8492

142 371,64

17/02/2020

7

1001

16 566,80

5

2001

33 516,80

18/02/2020

10

13645

222 538,52

24

6995

114 225,74

19/02/2020

1

1

16,37

18

2525

41 708,28

20/02/2020

2

1001

16 216,33

7

1001

16 316,33

21/02/2020

46

20001

306 865,15

94

19001

298 015,48

24/02/2020

11

5001

75 215,42

29

4808

72 529,21

25/02/2020

15

3001

44 715,08

2

214

3 231,38

26/02/2020

11

3001

42 714,50

19

3001

43 014,50

27/02/2020

5

3001

41 714,02

26

2550

35 770,38

28/02/2020

13

4001

53 813,40

32

4101

55 697,40

02/03/2020

16

17533

232 335,60

108

17533

243 289,55

03/03/2020

7

2359

34 905,70

79

14119

211 958,10

04/03/2020

7

3001

44 615,38

7

2001

29 915,38

05/03/2020

9

3643

53 424,00

15

1283

19 115,28

06/03/2020

13

3001

42 014,16

17

2004

28 106,76

09/03/2020

8

2001

25 432,71

29

2001

25 642,71

10/03/2020

1

1

13,01

1

1

13,01

11/03/2020

6

1001

12 813,36

10

1335

17 131,96

12/03/2020

41

14001

162 862,00

29

3860

44 576,36

13/03/2020

1

1

11,06

48

7960

92 391,04

16/03/2020

23

11001

106 610,02

56

9870

95 714,65

17/03/2020

13

4001

37 409,50

24

5132

48 604,61

18/03/2020

72

23001

290 170,50

162

47179

601 296,74

19/03/2020

62

16001

203 792,95

156

22282

286 049,80

20/03/2020

21

6314

79 459,90

22

2190

28 846,00

23/03/2020

13

4878

58 389,66

40

4878

59 211,37

24/03/2020

27

8001

102 523,20

34

10001

130 913,20

25/03/2020

18

5001

65 163,20

25

5001

66 613,20

26/03/2020

8

1599

20 047,40

66

6001

77 202,60

27/03/2020

21

4000

52 350,00

25

4000

53 000,00

30/03/2020

1

1

13,30

1

1

13,30

31/03/2020

18

3001

40 213,40

14

3001

40 287,64

01/04/2020

1

1

13,10

1

1

13,10

02/04/2020

42

4767

68 105,20

15

6001

86 013,80

03/04/2020

28

7001

107 332,89

38

8350

127 774,10

06/04/2020

16

2652

41 381,92

10

1652

25 936,40

07/04/2020

45

14601

219 695,86

85

11237

169 211,06

08/04/2020

18

7001

104 365,00

17

5001

74 315,00

09/04/2020

7

2765

42 969,30

16

2765

43 110,30

14/04/2020

12

2644

41 210,55

11

3001

47 395,45

15/04/2020

24

5358

85 020,85

25

4818

77 169,32

16/04/2020

19

3236

50 528,60

11

3235

51 089,40

17/04/2020

25

5001

80 106,05

6

3001

48 516,05

20/04/2020

42

17361

307 481,40

75

23833

412 856,64

21/04/2020

106

31135

605 287,21

141

28008

544 715,31

22/04/2020

19

8001

158 319,40

51

8383

164 953,56

23/04/2020

83

29772

571 384,02

168

21806

419 833,90

24/04/2020

63

19230

360 064,78

81

15644

296 484,56

27/04/2020

39

13001

245 518,50

109

15076

284 722,29

28/04/2020

10

3001

56 418,98

28

5915

112 368,70

29/04/2020

22

8001

155 418,99

88

12722

248 951,47

30/04/2020

24

12001

239 419,98

74

11324

226 998,53

04/05/2020

78

17572

340 797,20

75

14460

281 643,58

05/05/2020

34

9947

199 561,26

59

11262

225 722,22

06/05/2020

8

5055

100 578,68

16

2522

50 615,92

07/05/2020

26

10001

196 919,63

42

9285

184 091,35

08/05/2020

26

6001

119 019,70

59

7116

142 298,20

11/05/2020

19

8573

171 274,29

69

12573

252 021,49

12/05/2020

47

41023

289 448,28

85

41023

289 575,84

13/05/2020

29

14063

96 476,90

26

10063

69 900,14

14/05/2020

19

8939

57 509,70

7

3001

19 506,50

15/05/2020

25

19059

103 422,06

14

5001

27 505,90

18/05/2020

24

10943

54 585,26

15

13001

67 644,82

19/05/2020

12

8001

42 155,21

16

10001

53 265,21

20/05/2020

26

16002

82 010,43

20

10001

51 455,35

21/05/2020

15

6337

31 234,60

9

3726

18 476,95

22/05/2020

16

8665

41 775,27

17

9665

47 289,02

25/05/2020

5

3001

14 504,95

4

3001

14 654,95

26/05/2020

8

4001

19 454,94

7

2584

12 645,31

27/05/2020

12

5001

24 544,90

5

4001

19 854,90

28/05/2020

8

4001

19 654,97

9

5001

24 872,97

29/05/2020

9

6001

29 138,96

3

2001

9 804,96

01/06/2020

3

2001

9 554,87

6

2001

9 654,87

02/06/2020

7

5001

24 204,90

16

7001

34 304,90

03/06/2020

3

2001

9 654,88

3

1001

4 904,88

04/06/2020

8

2001

9 504,80

12

3001

14 454,80

05/06/2020

4

3001

14 404,83

7

6001

29 454,83

08/06/2020

3

2001

9 905,00

10

9001

46 655,00

09/06/2020

33

23001

133 156,00

24

13001

74 441,00

10/06/2020

22

11320

61 762,20

16

7001

38 505,55

11/06/2020

14

9682

49 664,60

13

7001

36 005,30

12/06/2020

11

8001

40 105,00

17

8001

40 505,00

15/06/2020

13

7001

35 655,14

9

7001

36 005,14

16/06/2020

10

6001

32 355,38

12

8001

43 585,38

17/06/2020

9

3677

20 455,75

15

8001

44 505,35

18/06/2020

22

12001

68 955,69

19

8001

46 605,69

19/06/2020

8

4325

23 555,10

8

5001

27 655,50

22/06/2020

5

2001

10 855,38

9

3501

19 500,38

23/06/2020

1

1

5,44

12

6001

32 725,44

24/06/2020

3

1001

5 305,50

4

1001

5 560,50

25/06/2020

1

1

5,20

1

1

5,20

26/06/2020

11

5001

25 455,35

1

1

5,35

29/06/2020

10

6001

30 205,05

10

6001

30 520,05

30/06/2020

9

5001

25 205,12

4

3001

15 205,12

Attachment

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