Warning about the risks

Investing in the Shares involves certain risks. An investor is exposed to the risk of losing all or part of its investment. You are about to purchase a product that is not simple and may be difficult to understand.

Each of these risk factors must be carefully studied and assessed before investing in the Shares, especially:

  • The Shares are registered (nominatives) and there is no market on which the Shares can be traded. Although it is possible for a shareholder to withdraw and transfer the Shares, this causes a limited liquidity.
  • In the case a shareholder wants to exit or transfer the Shares, he/she will only be repaid at the maximum of the nominal value of the Shares.

Before buying cooperative shares, potential investors should carefully read the prospectus 2022, which contains a description of the offer and risk factors, as well as the key information document about the investment product. We declare that the approval of the Prospectus is not understood as an endorsement of the securities offered or admitted to trading on a regulated market.