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BitMEX Reduces Spot Fees by 50% and Introduces Maker Rebates, Paying Traders to Provide Liquidity

VICTORIA, Seychelles, Oct. 21, 2025 (GLOBE NEWSWIRE) — BitMEX, one of the safest crypto exchanges, announced today a major upgrade to its Spot trading fee structure, featuring a 50% reduction in fees and up to 0.015% in rebates. The new model is designed to aggressively reward traders and provide community support following the recent market crash, establishing one of the most competitive fee structures in the industry.

Trading fees are a critical component of a trader's profitability, directly impacting returns on every transaction. By fundamentally lowering the cost to trade, BitMEX aims to maximise efficiency and profitability for its users, from beginners to high–volume institutional clients.

The new fee structure, effective immediately, introduces several transformative changes:

  • Spot Fees Reduced by 50% for All: Standard Maker and Taker fees have been reduced from 0.1000% to 0.0500%. This change grants all regular users the highly competitive rates previously reserved for top–tier VIPs.
  • 'Get Paid to Trade' with Maker Rebates: All VIP traders will receive maker rebates for providing liquidity. The programme offers rebates of up to –0.0150%, meaning BitMEX now pays its highest–volume market makers to trade on the platform.
  • Immediate Support for the Trading Community: Launched in response to recent historic market volatility, this initiative is designed to provide immediate relief and support, helping traders accelerate their recovery and maximise future opportunities.

All changes to the BitMEX Spot trading fee structure can be viewed here.

“In the wake of unprecedented market events, our priority is to provide tangible support to our trading community,” said Stephan Lutz, CEO of BitMEX. “This new fee structure is a fundamental shift to reward every trader on our platform. By offering some of the lowest fees and highest rebates in the industry, we are reaffirming our commitment to making BitMEX the most efficient and profitable exchange for spot trading.”

More details about the new fee structure can be found here.

About BitMEX
BitMEX is the OG crypto derivatives exchange, providing professional crypto traders with a platform that caters to their needs through low latency, deep crypto native liquidity and unmatched reliability.

Since its founding, no cryptocurrency has been lost through intrusion or hacking, allowing BitMEX users to trade safely in the knowledge that their funds are secure. So too that they have access to the products and tools they require to be profitable.

BitMEX was also one of the first exchanges to publish their on–chain Proof of Reserves and Proof of Liabilities data. The exchange continues to publish this data twice a week – proving assurance that they safely store and segregate the funds they are entrusted with.

For more information on BitMEX, please visit the BitMEX Blog or www.bitmex.com, and follow Telegram, Twitter, Discord, and its online communities. For further inquiries, please contact [email protected].

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3c49a619–1644–4c82–920b–07ad245d534a


GLOBENEWSWIRE (Distribution ID 1001134129)

BitMEX Study Finds Cryptocurrency Funding Rates Positive 92% of the Time, Revealing a Structural Market Bias

VICTORIA, Seychelles, Oct. 14, 2025 (GLOBE NEWSWIRE) — BitMEX, one of the safest crypto exchanges, announced today the findings of its study, “The Anchor and the Ceiling: Understanding the Structure of Funding Rates,” which reveals that two structural forces are driving cryptocurrency funding rates to remain positive 92% of the time and that rates above the 0.01% baseline are often short–lived. The report outlines how crypto traders can leverage this predictable dynamic to adopt sophisticated, structure–based trading.

Since BitMEX invented the perpetual swap nine years ago, the market has evolved significantly. Now, dedicated funding rate trading markets are emerging, allowing traders to speculate on the market's underlying mechanics. Funding rates, the periodic payments that keep futures prices aligned with spot prices, have become a key indicator of market structure, offering insights that go beyond simple price sentiment.

The study, which analysed data from Q3 2025 across BitMEX, Binance, and Hyperliquid, uncovered several key insights:

  • The Structural 'Anchor' Keeps Funding Rates at 0.01%: The perpetual swap funding formula has a built–in interest component that acts as a gravitational pull towards a baseline rate of 0.01%. Data shows funding rates were positive for over 92% of Q3 2025, even when contracts traded at a slight discount.
  • The Arbitrage 'Ceiling' Caps Extreme Spikes: Large inflows of institutional capital create a hard ceiling for funding rates. This capital is rapidly deployed to short high–premium contracts, compressing rates back to the baseline. This ensures that extreme positive funding rates are short–lived and unstable.
  • BitMEX Leads in Funding Rate Stability: The analysis confirmed BitMEX exhibited the most stable and predictable funding rates for both BTC and ETH. The rate was exactly 0.01% for 78.19% of the quarter for BTC and 87.52% for ETH, demonstrating a highly efficient market where perpetuals consistently track spot prices. In contrast, venues like Hyperliquid showed significantly higher volatility.

“As the inventors of the perpetual swap, we are witnessing its next major evolution – the rise of funding rate trading,” said Stephan Lutz, CEO of BitMEX. “Our latest research moves beyond market sentiment to reveal the core mechanics driving this market. The 'anchor' and 'ceiling' are not theories; they are structural forces that create high–probability trading opportunities. This study underscores a new level of market maturity, where understanding the architecture is the key to success.”

More details about the study can be found here.

About BitMEX
BitMEX is the OG crypto derivatives exchange, providing professional crypto traders with a platform that caters to their needs through low latency, deep crypto native liquidity and unmatched reliability.

Since its founding, no cryptocurrency has been lost through intrusion or hacking, allowing BitMEX users to trade safely in the knowledge that their funds are secure. So too that they have access to the products and tools they require to be profitable.

BitMEX was also one of the first exchanges to publish their on–chain Proof of Reserves and Proof of Liabilities data. The exchange continues to publish this data twice a week – proving assurance that they safely store and segregate the funds they are entrusted with.

For more information on BitMEX, please visit the BitMEX Blog or www.bitmex.com, and follow Telegram, Twitter, Discord, and its online communities. For further inquiries, please contact [email protected].

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/292666bc–ef69–4dcb–aa85–7f2fa7daa3c2


GLOBENEWSWIRE (Distribution ID 1001132945)

BitMEX Launches Uptober Carnival: Win from a $1,000,000 Prize Pool

VICTORIA, Seychelles, Oct. 13, 2025 (GLOBE NEWSWIRE) — BitMEX, one of the safest crypto exchanges, announced today the launch of its Uptober Carnival, allowing traders to compete for their share of a 1,000,000 USDT prize pool, iPhone 17 Pros, and up to $100,000 worth of BMEX tokens.

The competition will run from 10 October 2025 at 12:00 AM (UTC) to 9 November 2025 at 11:59 PM (UTC). Users can participate in the competition anytime during the campaign period.

Rewards will be distributed across 3 categories:
  • 50% Off BTC, ETH, and SOL: The first 2,000 new users to purchase $200 of cumulative spot volume of Bitcoin, Ether or Solana can enjoy 50% off their purchases of up to $100.
  • 500,000 USDT for Perpetual Contract Trading Volume: The first 1,000 users to trade perpetual contracts on BitMEX can win from a 500,000 USDT prize pool.
  • iPhone 17 Pro Lucky Draw: 88 traders will win iPhone 17 Pros, depending on their trading volumes.

To participate in the Uptober Carnival, new customers must be fully verified on BitMEX. Competition details and registration can be found here.

About BitMEX
BitMEX is the OG crypto derivatives exchange, providing professional crypto traders with a platform that caters to their needs through low latency, deep crypto native liquidity and unmatched reliability.

Since its founding, no cryptocurrency has been lost through intrusion or hacking, allowing BitMEX users to trade safely in the knowledge that their funds are secure. So too that they have access to the products and tools they require to be profitable.

BitMEX was also one of the first exchanges to publish their on–chain Proof of Reserves and Proof of Liabilities data. The exchange continues to publish this data twice a week – proving assurance that they safely store and segregate the funds they are entrusted with.

For more information on BitMEX, please visit the BitMEX Blog or www.bitmex.com, and follow Telegram, Twitter, Discord, and its online communities. For further inquiries, please contact [email protected].

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c37a753c–07e8–4594–ab36–675ab7a59e2f


GLOBENEWSWIRE (Distribution ID 1001132506)

North Atlantic France SAS announces the inventory value adjustment amount related to its contemplated acquisition of a majority stake in Esso Société Anonyme Française SA

Paris, FRANCE, Oct. 06, 2025 (GLOBE NEWSWIRE) —

North Atlantic France SAS announces the inventory value adjustment amount related to its contemplated acquisition of a majority stake in Esso Société Anonyme Française SA

Paris, FRANCE, October 6, 2025 – North Atlantic France SAS (“North Atlantic”) announced on May 28, 2025, that it had entered into exclusive negotiations with ExxonMobil France Holding SAS (“ExxonMobil”) for the acquisition of ExxonMobil’s entire stake in Esso Société Anonyme Française SA (“Esso S.A.F.”) and ExxonMobil Chemical France SAS by signing a put option agreement.

On September 24, 2025, North Atlantic announced the signing of a share purchase agreement.

As indicated in these press releases, the purchase price for the acquisition of the stake held by ExxonMobil is subject, among other items, to an upward or downward adjustment reflecting the change in the euro value of Esso S.A.F.'s inventory relative to its value on December 31, 2024. Due to the appreciation of the euro relative to the U.S. dollar and a decline in Brent crude prices, the euro value of Esso S.A.F.’s inventory has decreased. Following the completion by Esso S.A.F. of the transfer of ownership of its crude oil inventory and certain petroleum products to a banking institution, the resulting adjustment is a downward adjustment to the purchase price in an aggregate amount of €141,555,511.67, corresponding to €11.01 per Esso S.A.F. share1.

Thus, based on the available information, the price per share of €149.19 would be reduced to €85.18 prior to the payment of any additional distribution and taking into account the following adjustments:

  • adjustment for inventory: downward adjustment of €11.01 per share;
  • cash distributed by Esso S.A.F: downward adjustment of €53.00 per share for the dividend paid by Esso S.A.F. on July 10, 2025.

Further, taking into account the contemplated €60.21 per share distribution to be paid on November 14, 2025 by Esso S.A.F., subject to the approval of Esso S.A.F.’s shareholders’ meeting convened for November 4, 2025, the price per share would be further reduced to €24.97.

This €24.97 price per share, post the payment of the November 14, 2025 distribution (subject to shareholder approval), remains subject to the following adjustments:

  • an upward adjustment by a ticking fee mechanism corresponding to accrued interest on (i) a first base amount of €362,000,000 at an interest rate based on the euro short–term rate plus 2% per annum between March 2, 2025 (included) and the closing date (excluded), and (ii) a second base amount of €950,000,000 at a rate of 2.4% per annum between March 2, 2025 (included) and the closing date (excluded);
  • an upward adjustment reflecting (i) the sale to the ExxonMobil group of Esso S.A.F.’s lubricants and specialties marketing business for an estimated price of €8 million (as announced by Esso S.A.F. on September 24, 2025, including €3 million for inventories, to be further adjusted at the closing date) and (ii) the sale to the ExxonMobil group of certain trademarks and other intellectual property rights of Esso S.A.F. for an amount of €20 million (as announced by Esso S.A.F. on September 24, 2025);
  • a downward adjustment to take into account certain social liabilities as previously announced on September 24, 2025; this downward adjustment, to the extent the losses concern post–closing social liabilities2 will not impact the price offered to Esso S.A.F.’s minority shareholders in the mandatory tender offer for the remaining shares.

The final price for the contemplated acquisition of the 82.89% interest held by ExxonMobil in Esso S.A.F. reflecting the remaining adjustments described above will be set definitively prior to completion of the block acquisition (the “Controlling Block”) and will be communicated to the market in due course.

The completion of the Controlling Block acquisition remains subject to customary regulatory conditions applicable to this type of operation, including foreign direct investment control in France, and finalization of certain financing arrangements.

Completion of the transaction is expected by year–end 2025. North Atlantic reiterates its commitment to delivering a comprehensive and well–managed transition, with the intention to maintain employment and existing compensation and benefits.

Media Contacts

France: Brunswick Group – [email protected]
Hugues Boëton +33 6 79 99 27 15
Paul Priam +33 6 84 39 09 89

Canada: Mark Duggan – [email protected]
+1–709–687–3136

ABOUT NORTH ATLANTIC

For nearly four decades, North Atlantic has been a market leader in the retail gas and convenience sector, as well as the residential, commercial, and wholesale fuel industries in Newfoundland and Labrador. Recently, through a joint venture with Suncor Energy, North Atlantic expanded its retail division into Nova Scotia and Prince Edward Island, through North Sun Energy. As managing partner, North Atlantic operates 110 fuel retail sites across all three provinces. North Atlantic has ambitious plans for future growth and development in strategic locations across the region.

Known for its expertise in acquiring and delivering exceptional products, North Atlantic caters to both domestic and industrial sectors while also serving global clients through their marine bunkering distribution channels.

North Atlantic is committed to strategic growth to deliver innovative and green energy solutions aligned with evolving global needs. By driving industry progress, North Atlantic is supporting new skills and new jobs for this dynamic landscape. North Atlantic remains committed to providing exceptional energy, fuel and convenience retail initiatives that enhance customer experience while fostering economic growth in the communities they serve in Canada and beyond.

1 Note: Pursuant to the share purchase agreement, the adjustment equals the difference in euros between (i) the Platts quote for Dated Brent per barrel of crude oil published by S&P Global Platts on December 31, 2024, divided by the EUR/USD exchange rate on that date (i.e., $74.645 per barrel divided by 1.0389), and (ii) the arithmetic average of the daily settlement prices of the Platts quote for Dated Brent per barrel of crude oil published by S&P Global Platts for the period from September 29, 2025 to October 3, 2025, namely $67.341, divided by the EUR/USD exchange rate on September 26, 2025, namely 1.1672, applied to ten (10) million barrels of oil.
2 Note: Certain pre–closing liabilities, the amount of which, if any, is not currently known, may also be concerned by this adjustment.


GLOBENEWSWIRE (Distribution ID 9540417)

North Atlantic France SAS annonce le montant de l’ajustement de la valeur du stock lié à son projet d’acquisition d’une participation majoritaire dans Esso Société Anonyme Française SA

Paris, FRANCE, 06 oct. 2025 (GLOBE NEWSWIRE) —

North Atlantic France SAS annonce le montant de l’ajustement de la valeur du stock lié à son projet d’acquisition d’une participation majoritaire dans Esso Société Anonyme Française SA

Paris, FRANCE, 6 octobre 2025 – North Atlantic France SAS (« North Atlantic ») a annoncé, le 28 mai 2025, être entrée en négociations exclusives avec ExxonMobil France Holding SAS (« ExxonMobil ») en vue de l’acquisition de l’intégralité des participations d’ExxonMobil dans Esso Société Anonyme Française SA (« Esso S.A.F. ») et dans ExxonMobil Chemical France SAS par la signature d’une promesse d’achat.

Le 24 septembre 2025, North Atlantic a annoncé la signature d’un contrat d’acquisition d’actions.

Comme indiqué dans ces communiqués de presse, le prix pour l’acquisition des participations détenues par ExxonMobil est soumis, entre autres, à un ajustement à la hausse ou à la baisse reflétant le changement dans la valeur en euros du stock d’Esso S.A.F. par rapport à sa valeur au 31 décembre 2024. En raison de l’appréciation de l’euro par rapport au dollar américain, et de la baisse des cours du Brent, la valeur en euros du stock d’Esso S.A.F a diminué. À la suite de la finalisation par Esso S.A.F. du transfert de propriété de ses stocks de pétrole brut et de certains produits pétroliers à un établissement bancaire, l’ajustement qui en résulte est un ajustement à la baisse du prix d’acquisition pour un montant cumulé de 141.555.511,67 €, correspondant à 11,01 € par action Esso S.A.F.1.

Par conséquent, sur la base de l’information disponible, le prix de 149,19 € par action serait réduit à 85,18 € avant le versement de toute distribution additionnelle et prenant en compte les ajustements suivants :

  • ajustement pour stock : ajustement à la baisse de 11,01 € par action ;
  • trésorerie distribuée par Esso S.A.F : ajustement à la baisse de 53,00 € par action correspondant au dividende versé par Esso S.A.F. le 10 juillet 2025.

En outre, en tenant compte de la distribution envisagée de 60,21 € par action qui sera versée le 14 novembre 2025 par Esso S.A.F., sous réserve de l’approbation de l’assemblée générale des actionnaires d’Esso S.A.F. convoquée pour le 4 novembre 2025, le prix par action serait en conséquence réduit à 24,97 €.

Ce prix de 24,97 € par action, après versement de la distribution du 14 novembre 2025 (sous réserve de l’approbation des actionnaires), reste soumis aux ajustements suivants :

  • un ajustement à la hausse par un mécanisme de ticking fee correspondant aux intérêts calculés (i) sur un premier montant de base de 362.000.000 € au taux d’intérêt à court terme européen plus 2 % par an entre le 2 mars 2025 (inclus) et la date de réalisation (exclue), et (ii) sur un second montant de base de 950.000.000 € au taux de 2,4 % par an entre le 2 mars 2025 (inclus) et la date de réalisation (exclue) ;
  • un ajustement à la hausse reflétant (i) la vente au groupe ExxonMobil de l’activité de commercialisation de lubrifiants et de produits spécialisés opérée par Esso S.A.F. pour un prix estimé de 8 millions d’euros (comme annoncé par Esso S.A.F. le 24 septembre 2025, incluant 3 millions d’euros pour stocks, à ajuster à la date de réalisation) et (ii) la vente au groupe ExxonMobil de certaines marques et autres droits de propriété intellectuelle d’Esso S.A.F. pour un montant de 20 millions d’euros (comme annoncé par Esso S.A.F. le 24 septembre 2025) ;
  • un ajustement à la baisse pour prendre en compte certains passifs sociaux comme précédemment annoncé le 24 septembre 2025 ; cet ajustement à la baisse, pour autant que les pertes portent sur des passifs sociaux postérieurs à la date de réalisation2, n’impactera pas le prix proposé aux actionnaires minoritaires de Esso S.A.F. dans le cadre de l’offre publique d’achat obligatoire sur les actions restantes.

Le prix final pour l’acquisition envisagée de la participation de 82,89 % détenue par ExxonMobil dans Esso S.A.F. reflétant les ajustements restants décrits ci–avant sera fixé définitivement avant la finalisation de l’acquisition du bloc (le “Bloc de Contrôle”) et sera communiqué au marché en temps utiles.

La finalisation de l’acquisition du Bloc de Contrôle reste soumise aux formalités et autorisations réglementaires relatives à ce type de transaction, notamment en matière d’investissements étrangers en France, ainsi qu’à la finalisation de certains accords de financement.

La finalisation de la transaction est prévue d’ici la fin de l’année 2025. North Atlantic rappelle s’être engagée à assurer une transition complète et bien gérée, avec l’intention de maintenir l’emploi, les rémunérations et avantages existants. 

CONTACT MÉDIA

France : Groupe Brunswick – [email protected]
Hugues Boëton – 06 79 99 27 15
Paul Priam – 06 84 39 09 89

Canada : Mark Duggan – [email protected]
1–709–687–3136

À PROPOS DE NORTH ATLANTIC

Depuis près de quatre décennies, North Atlantic est un leader dans le secteur des carburants et des stations–service, opérant également pour les segments résidentiel, commercial ainsi que la vente en gros de carburant à Terre–Neuve–et–Labrador. Récemment, dans le cadre d’une joint–venture avec Suncor Energy, North Atlantic a étendu la présence de ses stations–service à la Nouvelle–Écosse et à l’Île–du–Prince–Édouard, par l’intermédiaire de North Sun Energy. Le groupe North Atlantic exploite 110 stations–service dans les trois provinces. North Atlantic dispose de projets ambitieux de croissance et de développement dans des localisations stratégiques au Canada.

Reconnu pour son expertise dans l’achat et la vente de produits de grande qualité, North Atlantic s’adresse à la fois aux secteurs domestique et industriel, tout en desservant des clients internationaux par le biais de ses canaux de distribution de soutage maritime.

North Atlantic prévoit de poursuivre sa croissance stratégique afin d’offrir des solutions énergétiques innovantes et vertes adaptées à l’évolution des besoins mondiaux. En stimulant les progrès de l’industrie, North Atlantic favorise l’acquisition de nouvelles compétences et la création de nouveaux emplois dans ce paysage dynamique. North Atlantic demeure engagé à proposer des produits et des services (énergie, essence et stations–service) de grande qualité au service de l’amélioration de l’expérience client tout en favorisant la croissance économique dans les collectivités qu’elle dessert au Canada et à l’étranger.

1 Note : Conformément au contrat d’acquisition d’actions, l’ajustement est égal à la différence en euros entre (i) le cours Platts du Dated Brent par baril de pétrole brut publié par S&P Global Platts le 31 décembre 2024, divisé par le taux de change EUR/USD à cette date (i.e., 74,645 $ par baril, divisé par 1,0389), et (ii) la moyenne arithmétique des prix de règlements quotidiens du cours Platts du Dated Brent par baril de pétrole brut publié par S&P Global Platts pour la période allant du 29 septembre 2025 au 3 octobre 2025, soit 67,341 $, divisé par le taux de change EUR/USD au 26 septembre 2025, soit 1,1672, appliqué à dix (10) million de barils de pétrole.
2 Note : Certains passifs antérieurs à la date de réalisation, dont le montant, le cas échéant, n’est pas encore connu, pourraient également être concernés par cet ajustement.


GLOBENEWSWIRE (Distribution ID 9540417)

Over 185% Liquidity Improvements on BitMEX Derivatives Contracts Following Strategic AWS Tokyo Migration

VICTORIA, Seychelles, Sept. 25, 2025 (GLOBE NEWSWIRE) — BitMEX, one of the world’s safest crypto exchanges, today announced the transformative impact of its successful trading engine migration to AWS Tokyo. The move has delivered liquidity improvements by more than 185% across nine perpetual contracts and markedly faster order execution times for traders globally.

The migration was executed by the BitMEX engineering team on 23 August 2025, which was completed within ten minutes. The exchange was brought back online in under an hour—a major technical milestone for the platform that ensured a smooth, disruption–free transition for users.

One month following the migration, the platform enhancements are clear:

  • Deeper Liquidity on Flagship Contracts: Liquidity within 5 basis points of the mid–price for XBTUSDT and ETHUSDT has deepened by 185% and 401% respectively. This directly benefits traders with tighter spreads and reduced slippage.
  • Measurable Improvements on Emerging Pairs: Newer contracts for HYPE, BCH, PEPE, and more, have also recorded liquidity improvements of more than 2000%, broadening the range of trading opportunities available on the platform. Known as the home of OG Bitcoin perpetual swap, BitMEX is now extending its credibility across a wider suite of perpetual contracts, proving itself as a serious venue for trading tokens beyond Bitcoin.
  • Faster, More Reliable Execution: End–to–end order placement latency and orderbook latency have improved to support active market–making participants to increase orderbook liquidity even more than before.

“The seamless execution of this migration is a technical milestone and a strategic leap forward in our commitment to delivering an institutional–grade trading experience, while also empowering retail users with better execution quality and innovative products,” said Stephan Lutz, CEO of BitMEX. The immediate improvements in latency and liquidity directly translate to a more competitive and robust trading environment for all users and our work isn’t done. We are already building on this success to deliver even greater performance in the months ahead.”

BitMEX’s AWS Tokyo migration is just the beginning of a broader roadmap to continually optimise platform performance. In the upcoming months, BitMEX expects further improvements in the platform’s liquidity and latency as it finetunes internal processes and rolls out additional infrastructure improvements.

Additional information about the platform upgrades can be found here.

About BitMEX

BitMEX is the OG crypto derivatives exchange, providing professional crypto traders with a platform that caters to their needs through low latency, deep crypto native liquidity and unmatched reliability.

Since its founding, no cryptocurrency has been lost through intrusion or hacking, allowing BitMEX users to trade safely in the knowledge that their funds are secure. So too that they have access to the products and tools they require to be profitable.

BitMEX was also one of the first exchanges to publish their on–chain Proof of Reserves and Proof of Liabilities data. The exchange continues to publish this data twice a week – proving assurance that they safely store and segregate the funds they are entrusted with.

For more information on BitMEX, please visit the BitMEX Blog or www.bitmex.com, and follow Telegram, Twitter, Discord, and its online communities. For further inquiries, please contact [email protected].

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/54ad9303–4ec1–4af0–85a5–8f94aee2a216


GLOBENEWSWIRE (Distribution ID 1001129862)

North Atlantic France SAS franchit une étape clé dans son projet d’acquisition d’une participation majoritaire dans Esso S.A.F. et 100% d’ExxonMobil Chemical France SAS, avec la signature d'un contrat d’acquisition d’actions

ST. JOHN’S, NL, CANADA, 24 sept. 2025 (GLOBE NEWSWIRE) —

North Atlantic France SAS franchit une étape clé dans son projet d’acquisition d’une participation majoritaire dans Esso Société Anonyme Française SA et 100% d’ExxonMobil Chemical France SAS, avec la signature d’un contrat d’acquisition d’actions

ST. JOHN’S, NL, CANADA, le 24 septembre 2025 – North Atlantic France SAS (« North Atlantic ») a annoncé, le 28 mai 2025, être entrée en négociations exclusives avec ExxonMobil France Holding SAS (« ExxonMobil ») en vue de la cession de l’intégralité des participations d’ExxonMobil dans Esso Société Anonyme Française SA (« Esso S.A.F. ») et dans ExxonMobil Chemical France SAS (« EMCF ») par la signature d’une promesse d’achat. A l’issue du processus d’information et de consultation des instances représentatives du personnel, North Atlantic annonce aujourd’hui avoir conclu, avec Exxon Mobil un contrat d’acquisition de l’intégralité de la participation d’ExxonMobil dans Esso S.A.F. (le « Bloc de Contrôle ») et EMCF.

Cette étape marque une avancée importante dans le projet de North Atlantic de bâtir une présence de long terme en France, au service de la sécurité énergétique, de la résilience industrielle et de la transition énergétique européennes.

Ce projet reste soumis aux formalités et autorisations réglementaires relatives à ce type de transaction, notamment en matière d’investissements étrangers en France, ainsi qu’à la finalisation de certains accords de financement.

Ted Lomond, Président Directeur Général de North Atlantic et Président de North Atlantic France a déclaré : « Notre engagement envers la France s'inscrit sur le long terme. En nous appuyant sur l’excellence industrielle du site de Gravenchon, nous entendons renforcer la sécurité énergétique et la résilience tout en accélérant la transition vers des solutions bas carbone. Ce projet reflète notre ambition de faire de North Atlantic un acteur énergétique transatlantique de premier plan, avec des bases solides des deux côtés de l'Atlantique. »

Simon Fenner, Directeur Général de North Atlantic France a déclaré : « Avec la signature de cet accord, North Atlantic réaffirme son ambition de consolider le site de Gravenchon et de lui offrir un projet de développement ambitieux au service du secteur de l'énergie et de l’industrie française. Nous nous engageons avec détermination dans la finalisation de la transaction d’ici la fin de l’année. »

Pour rappel, le 28 mai 2025 North Atlantic avait annoncé qu’à l’issue de l’acquisition du Bloc de Contrôle, North Atlantic déposerait une offre publique d’achat obligatoire pour les actions restantes d’Esso S.A.F. aux mêmes conditions financières que l’acquisition du Bloc de Contrôle.

Par ailleurs, il est rappelé que le Conseil d’administration d’Esso S.A.F. a convoqué une Assemblée Générale des actionnaires le 4 novembre 2025 en vue de délibérer sur une proposition de distribution de réserves, pour un montant de 60,21 € par action dont la mise en paiement devrait intervenir le 14 novembre 2025.

Dans le cadre des discussions qui ont eu lieu ces derniers mois entre ExxonMobil et North Atlantic, les deux parties sont convenues d’intégrer un ajustement à la baisse du prix d’acquisition du Bloc de Contrôle afin de tenir compte de certains passifs sociaux. Cet ajustement à la baisse ne s’imputera pas sur le prix qui sera proposé aux actionnaires minoritaires d’Esso S.A.F. dans le cadre de l’offre publique d’achat obligatoire sur les actions restantes, lequel sera déterminé après prise en compte des différents différents ajustements décrits dans le communiqué du 28 mai 2025, à savoir :

     (i)    un ajustement à la baisse pour refléter le montant de trésorerie distribué par Esso S.A.F. avant la date de réalisation de l’acquisition de bloc (soit un montant de 113,21 € par action, correspondant à un dividende de 53 euros par actions mis en paiement le 10 juillet 2025 et un montant de 60,21 € par action au titre de la distribution proposée par Esso S.A.F et devant être mise en paiement le 14 novembre 2025, sous réserve de l’approbation de l’assemblée générale des actionnaires d’Esso S.A.F.) ;

     (ii)   un ajustement à la hausse par un mécanisme de ticking fee correspondant aux intérêts calculés (x) sur un premier montant de base de 362.000.000 € au taux d’intérêt à court terme européen (€STR) plus 2% par an entre le 2 mars 2025 et la date de réalisation, et (y) sur un second montant de base de 950.0000.000 € au taux de 2,4% par an entre le 2 mars 2025 et la date de réalisation ;

     (iii)   un ajustement à la hausse ou à la baisse pour refléter un changement dans la valeur en euros du stock d’Esso S.A.F. et égal à la différence entre la valeur du pétrole brut de dix (10) millions de barils au 31 décembre 2024 et la valeur de ce même volume sur une période préalable à la réalisation de l’opération qui dépendra de la date du transfert envisagé de propriété de l’inventaire d’Esso S.A.F. à un établissement bancaire.

Le prix final pour l’acquisition du Bloc de Contrôle sera fixé définitivement avant la réalisation de l’opération et sera communiqué au marché en temps utiles

La finalisation de cette transaction reste prévue pour le dernier trimestre 2025. North Atlantic rappelle s’être engagée à assurer une transition complète et bien gérée, avec l’intention de maintenir l’emploi et les rémunérations et avantages existants.

Contact média

France : Groupe Brunswick – [email protected]
Hugues Boëton – 06 79 99 27 15
Paul Priam – 06 84 39 09 89

Canada : Mark Duggan – [email protected]
1–709–687–3136

A PROPOS DE NORTH ATLANTIC

Depuis près de quatre décennies, North Atlantic est un leader dans le secteur des carburants et des stations–service, opérant également pour les segments résidentiel, commercial ainsi que la vente en gros de carburant à Terre–Neuve–et–Labrador. Récemment, dasn le cadre d’une joint–venture avec Suncor Energy, North Atlantic a étendu la présence de ses stations–service à la Nouvelle–Écosse et à l'Île–du–Prince–Édouard, par l'intermédiaire de North Sun Energy. Le groupe North Atlantic exploite 110 stations–service dans les trois provinces. North Atlantic dispose de projets ambitieux de croissance et de développement dans des localisations stratégiques au Canada.

Reconnu pour son expertise dans l'achat et la vente de produits de grandes qualité, North Atlantic s'adresse à la fois aux secteurs domestique et industriel, tout en desservant des clients internationaux par le biais de ses canaux de distribution de soutage maritime.

North Atlantic prévoit de poursuivre sa croissance stratégique afin d'offrir des solutions énergétiques innovantes et vertes adaptées à l'évolution des besoins mondiaux. En stimulant les progrès de l'industrie, North Atlantic favorise l'acquisition de nouvelles compétences et la création de nouveaux emplois dans ce paysage dynamique. North Atlantic demeure engagé à proposer des produits et des services (énergie, essence et stations–service) de grande qualité au service de l’amélioration de l’expérience client tout en favorisant la croissance économique dans les collectivités qu'elle dessert au Canada et à l'étranger.


GLOBENEWSWIRE (Distribution ID 9534741)

North Atlantic France SAS reaches a key milestone in its project to acquire a majority stake in Esso Société Anonyme Française SA and 100% of ExxonMobil Chemical France SAS, with the signing of a share purchase agreement

ST. JOHN’S, NL, CANADA, Sept. 24, 2025 (GLOBE NEWSWIRE) —

North Atlantic France SAS reaches a key milestone in its project to acquire a majority stake in Esso Société Anonyme Française SA and 100% of ExxonMobil Chemical France SAS, with the signing of a share purchase agreement

ST. JOHN’S, NL, CANADA, September 24, 2025 – North Atlantic France SAS (“North Atlantic”) announced on May 28, 2025, that it had entered into exclusive negotiations with ExxonMobil France Holding SAS (“ExxonMobil”) for the acquisition of ExxonMobil’s entire stake in Esso Société Anonyme Française SA (“Esso S.A.F.”) and ExxonMobil Chemical France SAS by signing a put option agreement. Following the information and consultation process of employees’ representative bodies, North Atlantic today announces that it has entered into an agreement with ExxonMobil to acquire ExxonMobil's entire stake in Esso S.A.F. (the “Controlling Block”) and EMCF.

This marks an important step in North Atlantic’s project to establish a long–term presence in France, contributing to European energy security, industrial resilience, and energy transition.

The completion of the project remains subject to customary regulatory conditions applicable to this type of operation, including foreign direct investment control in France, and finalization of certain financing arrangements.

Ted Lomond, President and CEO of North Atlantic, President of North Atlantic France stated: “Our commitment to France is long–term. By building on Gravenchon’s record of industrial excellence, we aim to strengthen energy security and resilience while accelerating the transition to lower–carbon solutions. This project reflects our ambition to grow North Atlantic into a premier transatlantic energy company, with strong foundations on both sides of the Atlantic.”

Simon Fenner, CEO of North Atlantic France stated: “With the signing of this agreement, North Atlantic reaffirms its ambition to consolidate the Gravenchon site and provide it with an ambitious development plan to serve the French energy and industrial sectors. We are firmly committed to completing the transaction by year–end.”

As a reminder, on May 28, 2025, North Atlantic had announced that following the acquisition of the Controlling Block in Esso S.A.F., it would file a mandatory tender offer for the remaining shares of Esso S.A.F. on the same financial terms as the acquisition of the Controlling Block.

Furthermore, it should be noted that the Board of Directors of Esso S.A.F. has convened a Shareholders Meeting on November 4, 2025 to deliberate on the proposal for a distribution of reserves, amounting to €60.21 per share, with payment scheduled for November 14, 2025.

During the discussions between ExxonMobil and North Atlantic over the past months, the two parties agreed to a downward adjustment of the purchase price for the Controlling Block, to reflect certain social liabilities. This downward adjustment will not affect the price offered to minority shareholders of Esso S.A.F. in the context of the mandatory tender offer for the remaining shares, which will be determined after taking into account the various adjustments described in the press release dated May 28, 2025, namely:

     (i)   a downward adjustment to reflect the amount of cash distributed by Esso S.A.F. prior to the date of completion of the acquisition of the Controlling Block (i.e., an amount of €113.21 per share, corresponding to a dividend of €53 per share payable on July 10, 2025, and an amount of €60.21 per share in respect of the distribution proposed by Esso S.A.F. and to be paid on November 14, 2025, subject to the approval of the Esso S.A.F. shareholders meeting);

     (ii)   upward adjustment by a ticking fee mechanism corresponding to accrued interest on (i) a first base amount of €362,000,000 at the euro short–term rate plus 2% per annum between March 2, 2025 and the closing date, and (ii) a second base amount of €950,000,000 at a rate of 2.4% per annum between March 2, 2025 and the closing date;

     (iii)   upward or downward adjustment to reflect the change in the euro value of Esso S.A.F.’s inventory and equal to the difference between the crude oil value of ten (10) million barrels as of December 31, 2024 and the crude oil value of the same number of barrels as of a period prior to closing that will depend on the date of the contemplated transfer of the ownership of ESAF inventory to a bank.

The final price for the acquisition of the Controlling Block will be definitively set prior to the completion of the transaction and will be communicated to the market in due course.

The completion of the transaction is still expected in Q4 2025. North Atlantic reiterates its commitment to delivering a comprehensive and well–managed transition, with the intention to maintain employment and existing compensation and benefits.

Media Contacts

France: Brunswick Group – [email protected]
Hugues Boëton +33 6 79 99 27 15
Paul Priam +33 6 84 39 09 89

Canada: Mark Duggan – [email protected]
+1–709–687–3136

ABOUT NORTH ATLANTIC

For nearly four decades, North Atlantic has been a market leader in the retail gas and convenience sector, as well as the residential, commercial, and wholesale fuel industries in Newfoundland and Labrador. Recently, through a joint venture with Suncor Energy, North Atlantic expanded its retail division into Nova Scotia and Prince Edward Island, through North Sun Energy. As managing partner, North Atlantic operates 110 fuel retail sites across all three provinces. North Atlantic has ambitious plans for future growth and development in strategic locations across the region.

Known for its expertise in acquiring and delivering exceptional products, North Atlantic caters to both domestic and industrial sectors while also serving global clients through their marine bunkering distribution channels.

North Atlantic is committed to strategic growth to deliver innovative and green energy solutions aligned with evolving global needs. By driving industry progress, North Atlantic is supporting new skills and new jobs for this dynamic landscape. North Atlantic remains committed to providing exceptional energy, fuel and convenience retail initiatives that enhance customer experience while fostering economic growth in the communities they serve in Canada and beyond.


GLOBENEWSWIRE (Distribution ID 9534741)

BitMEX Launches Alpha Showdown Trading Competition: Win a 3 BTC Prize Pool and More

VICTORIA, Seychelles, Sept. 15, 2025 (GLOBE NEWSWIRE) — BitMEX, the safest crypto exchange, announced today the launch of its Alpha Showdown Trading Competition, allowing traders to compete for their share of a 3 BTC prize pool, Tudor Black Bay 54 watches, iPhone 17 Pro Maxes, and more.

The competition will run from 11 September 2025 at 9:00 AM (UTC) to 10 October 2025 at 11:59 PM (UTC). Users can participate in the competition anytime during the campaign period.

Rewards will be distributed across three leaderboards:

  • Highest Trading Volume: 80% of the total prize pool will be shared by the Top 100 Traders ranked by trading volume
  • Highest PnL: 10% of the total prize pool will be shared by the Top 100 Traders ranked by PnL
  • Highest ROI%: 10% of the total prize pool will be shared by the Top 100 Traders ranked by ROI%

All new traders that join the competition can also win their share of an additional 10,000 USDT prize pool based on their trading volume.

To participate in the Alpha Showdown Trading Competition, new customers must be fully verified on BitMEX. Competition details and registration can be found here.

About BitMEX
BitMEX is the OG crypto derivatives exchange, providing professional crypto traders with a platform that caters to their needs through low latency, deep crypto native liquidity and unmatched reliability.

Since its founding, no cryptocurrency has been lost through intrusion or hacking, allowing BitMEX users to trade safely in the knowledge that their funds are secure. So too that they have access to the products and tools they require to be profitable.

BitMEX was also one of the first exchanges to publish their on–chain Proof of Reserves and Proof of Liabilities data. The exchange continues to publish this data twice a week – proving assurance that they safely store and segregate the funds they are entrusted with.

For more information on BitMEX, please visit the BitMEX Blog or www.bitmex.com, and follow Telegram, Twitter, Discord, and its online communities. For further inquiries, please contact [email protected].

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/26712ddc–0cce–4d6c–b344–edb85147299f


GLOBENEWSWIRE (Distribution ID 1001127875)

BitMEX and TradingView Announce Trading Campaign, Offering 100,000 USDT in Rewards and More

VICTORIA, Seychelles, Sept. 03, 2025 (GLOBE NEWSWIRE) —  BitMEX, the safest crypto derivatives exchange, today announced a new campaign rewarding users that place spot, futures and perpetual swap trades on BitMEX via TradingView.

The campaign, which began on 15 August, is available to new, existing, and returning traders on BitMEX. Key highlights of the campaign include:

  • A 100,000 USDT prize pool for all traders based on their total trading volume.
  • TradingView subscriptions for the top 10 traders based on total trading volume.
  • Additional BMEX and USDT airdrops, in addition to exclusive BitMEX merchandise.

To get started users will need to connect their BitMEX account to TradingView in a few simple steps. Additional details on the campaign terms, conditions and prizes can be found here.

About BitMEX
BitMEX is the OG crypto derivatives exchange, providing professional crypto traders with a platform that caters to their needs through low latency, deep crypto native liquidity and unmatched reliability.

Since its founding, no cryptocurrency has been lost through intrusion or hacking, allowing BitMEX users to trade safely in the knowledge that their funds are secure. So too that they have access to the products and tools they require to be profitable.

BitMEX was also one of the first exchanges to publish their on–chain Proof of Reserves and Proof of Liabilities data. The exchange continues to publish this data twice a week – proving assurance that they safely store and segregate the funds they are entrusted with.

For more information on BitMEX, please visit the BitMEX Blog or www.bitmex.com, and follow Telegram, Twitter and its online communities . For further inquiries, please contact [email protected].

About TradingView
TradingView is an acclaimed charting and trading platform used by a vibrant community 100M+ traders worldwide who gather to chat, chart, and trade the international markets.

The platform ambitiously yet consistently empowers its users with best–in–class charting tools, live market data, a comprehensive analysis suite, and a proprietary programming language.

Beyond premier user experience, TradingView provides solutions for businesses, including advertising, news partnerships, market widgets, charting libraries, and trading integrations with selected partners.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9f0cc485–02aa–4228–b7ab–a41de27f2c62


GLOBENEWSWIRE (Distribution ID 1001126042)