Brief: FL Entertainment Confirms FY Guidance

Banijay NV

10/01/2023 17:00

Jan 10 (Reuters) - FL Entertainment NV  FLE.AS :
    * POSITIVE TRADING UPDATE & 2022 GUIDANCE CONFIRMED.
EXPLORING NEW
FINANCING OPTIONS
    * AIMS TO EXPAND ITS FREE FLOAT AND STOCK LIQUIDITY OVER
TIME
    * THIS COULD INCLUDE ORDERLY SELL-DOWNS BY SOME OF ITS
SHAREHOLDERS AS FIRST LOCK-UP JUST EXPIRED IN JANUARY 2023
    * SOLID TRENDS ARE EXPECTED TO CONTRIBUTE TO GROUP'S
CONTINUED
GROWTH IN 2023
    * COMPANY IS CURRENTLY ASSESSING A POTENTIAL CONVERTIBLE
BOND
FINANCING, SUBJECT TO MARKET CONDITIONS
    * CONTENT PRODUCTION & DISTRIBUTION SAW A 25% INCREASE IN
NUMBER
OF HOURS IN ITS CONTENT CATALOG OVER 9M 2022

Source text for Eikon:  ID:nGNE3Th3sd 
Further company coverage:  FLE.AS 
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