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MAXENT B Maximum Entertainment AB News Story

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Brief: Maximum Entertainment: Provisional Judicial Pledge Over Shares In French Subsidiary

May 13 (Reuters) - Maximum Entertainment AB MAXENTb.ST:

PROVISIONAL JUDICIAL PLEDGE OVER SHARES IN FRENCH SUBSIDIARY

PROVISIONAL JUDICIAL PLEDGE OVER SHARES HELD BY CO IN SASU MAXIMUM ENTERTAINMENT FRANCE AS SECURITY FOR CLAIM OF EUR 41.96 MILLION

IS REVIEWING COURT ORDER

UNDERSTANDS THAT CLAIM RELATES TO OBLIGATIONS UNDER CREDIT FACILITY WITH TURNING ROCK PARTNERS

TO TAKE APPROPRIATE STEPS TO PROTECT INTERESTS, INCLUDING, WHERE WARRANTED, SEEKING DISCHARGE OF PLEDGE BEFORE FRENCH COURT

Source text: ID:nMFN4zljZY

Further company coverage: MAXENTb.ST

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com;))

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