Brief: One More Level To Write Down 3.0 Mln Zlotys For Receivables

All In! Games SA

17/03/2025 06:42

GDANSK, March 17 (Reuters) - One More Level SA OMLP.WA:

SAID ON FRIDAY THE BOARD HAD RESOLVED TO BOOK IMPAIRMENT WRITE-DOWN

the IMPAIRMENT WRITE-DOWN FOR RECEIVABLES FROM ALL IN GAMES!  AMOUNTS TO 3.0 MLN ZLOTYS

THE WRITE-DOWN HAD BEEN BOOKED DUE TO THE ONGOING COMPOSITION AGREEMENT PROCEEDINGS

WRITE-DOWN, EFFECTIVE AS OF DEC 31 2024, TO IMPACT FY NET PROFIT

THE COMPANY EXPECTS THAT AFTER THE DECISION ON APPROVAL OF THE COMPOSITION AGREEMENT PROCEEDINGS BECOMES FINAL, ALL IN GAMES! WILL START ITS IMPLEMENTATION IN ACCORDANCE WITH THE SCHEDULE AND ULTIMATELY THE RECEIVABLES COVERED BY THE WRITE-DOWN WILL BE REPAID IN FULL

EACH FUTURE REPAYMENT OF RECEIVABLES WILL BE RECOGNISED IN OTHER OPERATING INCOME

 Source text for Workspace: nEM5PTtdla
 Further company coverage: OMLP.WA

 (Gdansk Newsroom)

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