on AST GROUPE (EPA:ASP)
AST Group: Update on current procedures and partial recovery of assets
AST Groupe, engaged in a recovery and judicial safeguard procedure, has received three initial offers for the takeover of industrial and network assets. The Lyon Commercial Court will examine these offers on October 29, 2024, with an announcement expected after the deliberation.
The Group draws attention to the fact that creditors will benefit from the proceeds of the sale, without financial return for shareholders, due to the Group's indebtedness. A request for postponement of the approval of the 2023 accounts has been made, until December 31, 2024. As a result, the listing of the shares remains suspended on Euronext Growth Paris.
R. P.
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