BRIEF

on Les Agences De Papa (EPA:MLPAP)

Versity claims 4.5 million euros in damages

Versity SA, listed on Euronext Access+, has filed a complaint against Capital Système Investissements SA at the Paris Commercial Court. The company is claiming more than €4.5 million in damages, claiming that the financial commitments made by its partner were not respected. Indeed, of the €8 million planned for two bond issues, only €1.75 million was reportedly paid.

Versity also suspects Capital Système Investissements SA of unfair maneuvers aimed at destabilizing its governance and shareholder base. The company is considering other actions to defend its rights against these actions. Frédéric Ibanez, President of Versity, emphasizes the solidity of the company's fundamentals and its determination to defend its interests.

R. P.

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