July 24 (Reuters) - Azkoyen SA AZK.MC:
BOARD FORMULATED A PARTIAL SEGREGATION THAT WILL INVOLVE SEGREGATION OF PART OF AZKOYEN'S ASSETS
VPS DIVISION SUBJECT TO SEGREGATION CONSTITUTES AUTONOMOUS ECONOMIC UNIT
SEGREGATION OF ASSETS DEDICATED TO VPS ACTIVITY AND THEIR TRANSFER IN FAVOR OF A NEWLY CREATED COMPANY
AZKOYEN TO RECEIVE IN EXCHANGE ALL SHARES REPRESENTING CAPITAL OF BENEFICIARY COMPANY
SPIN-OFF WILL BE SUBJECT TO APPROVAL AT AN EXTRAORDINARY GENERAL MEETING OF AZKOYEN SHAREHOLDERS TO BE HELD IN OCTOBER 2025
WILL FOCUS SOLELY ON PROVIDING CORPORATE MANAGEMENT AND SUPPORT SERVICES TO TWO DIVISIONS THAT MAKE UP ITS GROUP
Source text: ID:nCNMt59tPF
Further company coverage: AZK.MC
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