Brief: Hiddn Solutions Says Board Considers There Are Grounds To Continue Process Whereby It Explores Possibilities For Co

Arribatec ASA

11/07/2019 16:43

July 11 (Reuters) - Hiddn Solutions ASA  HIDDNS.OL :
    * BOARD CONSIDERS THERE ARE GROUNDS TO CONTINUE PROCESS,
SAFEGUARDING CREDITOR INTERESTS, WHEREBY IT EXPLORES
POSSIBILITIES FOR CO
    * HIDDN SOLUTIONS- BOARD STILL CONTINUING DISCUSSIONS WITH
THIRD
PARTIES, WILL FURTHER CONSIDER ARRANGEMENTS OR ACTIONS THAT
COULD BE OF INTEREST TO CO
    * UNLESS BOARD IS SUCCESSFUL IN THESE EFFORTS, BOARD'S
OPINION IS
THAT THERE IS NO SHAREHOLDER VALUE IN COMPANY
    * BOARD HAS SET A NEW PRELIMINARY DEADLINE OF 18.7.2019 AT
21.00
CEST FOR THIS CONTINUED PROCESS.

Source text for Eikon:  ID:nWkr3mCvFn 
Further company coverage:  HIDDNS.OL 

 ((Reuters.Briefs@thomsonreuters.com;))