Brief: Evolva Holding Says Takes Note Of Sanction Request Submitted By Six Exchange Regulation (SER) Today

EvoNext Holdings SA

23/08/2022 05:50

Aug 23 (Reuters) - Evolva Holding SA  EVE.S :
    * SAYS TAKES NOTE OF SANCTION REQUEST SUBMITTED BY SIX
EXCHANGE
REGULATION (SER) TODAY
    * SAYS ALLEGED DEFICIENCIES CONCERN GOODWILL IMPAIRMENT
TESTS IN
FINANCIAL REPORTING 2019 AND 2020 AND RELATED DISCLOSURES
    * NO IMPACT ON CASH POSITION AND BUSINESS CASE
    * EVOLVA IS CONVINCED THAT KEY ALLEGATIONS DO NOT UPHOLD AND
THAT
POTENTIAL DEFICIENCIES DO NOT HAVE A MATERIAL IMPACT
    * COMPANY DOES NOT EXPECT ANY ADDITIONAL IMPAIRMENTS DUE TO
TODAY'S SER REQUEST
    * NEW MANAGEMENT TEAM HAS STRENGTHENED INTERNAL PROCESSES
AND
RULES
    * TAKES NOTE OF SANCTION REQUEST SUBMITTED BY SER TO
SANCTIONS
COMMISSION OF SIX GROUP CONCERNING FINANCIAL REPORTING IN 2019,
2020

Source text for Eikon:  ID:nEQ8HDLNJa 
Further company coverage:  EVE.S 

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