on Metabolic Explorer (EPA:METEX)
Metabolic Explorer extends trade-in offer deadline
Clermont-Ferrand, May 27, 2024 – METabolic EXplorer (METEX) announced a further extension of the deadline for submitting takeover offers for METEX NØØVISTAGO, now set for June 3, 2024. This decision aims to allow potential buyers, in particular the AVRIL group, to finalize their position.
The conversion of METabolic EXplorer's safeguard procedure into receivership will be examined by the Paris Commercial Court on June 3. At the same time, METEX obtained the extension of the holding of its annual general meeting until October 31, 2024.
The Paris Commercial Court authorized the continuation of the observation periods for METEX NØØVISTAGO and METEX NØØVISTA. Takeover offers for METEX NØØVISTA, as well as its potential conversion into compulsory liquidation, will also be examined on June 3.
The listing of METEX shares remains suspended due to uncertainties regarding the amounts of liabilities and sale proceeds.
R. E.
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