Ymagis: Clarifications following rumours related to ongoing negotiations
Ymagis Group (FR0011471291, MAGIS, PEA-PME, TECH 40), the European specialist in digital technologies for the film industry, wishes to clarify the situation following yesterday’s publication by the British online media company Mergermarket, and which is related to the ongoing negotiations on the Group’s refinancing.
The article published online contains inaccurate and truncated information, which does not reflect the Group’s current situation. In addition, it portrays an inaccurate picture of the ongoing process. The Group declares that any relevant information on that matter has already been made public.
The current negotiation process is taking place in a spirit of constructive consensus with all parties involved. Ymagis will continue to keep the market informed on that process, which is part of the Group’s strategic reorientation and which was initiated several months ago.