Brief: Ellipsiz Says Unit Enters 2 Agreements For Restructuring Of Its Vending Solutions Business

Ellipsiz

16/01/2020 10:25

Jan 16 (Reuters) - Ellipsiz Ltd  ELPZ.SI :
    * ELLIPSIZ LTD - EIR INVESTMENTS ENTERED 2 AGREEMENTS FOR
RESTRUCTURING OF ITS VENDING SOLUTIONS BUSINESS
    * ELLIPSIZ - GROUP IS EXPECTED TO RECORD A LOSS FOR
FIRST-HALF OF
FINANCIAL PERIOD ENDED 31 DECEMBER 2019 AND CURRENT FINANCIAL
YEAR
    * ELLIPSIZ LTD-  RESTRUCTURING WILL HAVE NEGATIVE IMPACT ON
RESULTS OF GROUP; EXPECTED TO RECORD LOSS FOR H1 OF FINANCIAL
PERIOD ENDED 31 DEC 2019
    * ELLIPSIZ - RESTRUCTURING WILL HAVE A NEGATIVE IMPACT ON
RESULTS
OF GROUP
    * ELLIPSIZ LTD - SETTLEMENT CONSIDERATION FOR RESTRUCTURING
AMOUNTED TO $5.3 MILLION

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Further company coverage:  ELPZ.SI 

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