Brief: Pixium Vision: opening of judicial liquidation proceedings has been postponed to later date

Pixium Vision SA

17/01/2024 06:04

Jan 17 (Reuters) - Pixium Vision SA  ALPIX.PA :
    * POSTPONEMENT OF DECISION ON ADOPTION OF A SALE PLAN (PLAN
DE
CESSION) AND OPENING OF JUDICIAL LIQUIDATION PROCEEDINGS
    * OPENING OF JUDICIAL LIQUIDATION PROCEEDINGS HAS BEEN
POSTPONED
TO A LATER DATE, WHICH WILL BE COMMUNICATED BY COMPANY AS SOON
AS IT BECOMES AWARE OF IT
    * GIVEN PRICE OFFERED BY PROSPECTIVE BUYER AND COMPANY'S
LEVEL OF
INDEBTEDNESS, SALE PROCEEDS RECEIVED IN EVENT OF A FAVOURABLE
DECISION BY COMMERCIAL COURT WILL NOT ALLOW A TOTAL OR PARTIAL
REIMBURSEMENT OF SHAREHOLDERS
    * SALE PROCEEDS RECEIVED IN EVENT OF FAVOURABLE DECISION BY
COMMERCIAL COURT WILL NOT ALLOW A TOTAL OR PARTIAL REIMBURSEMENT
OF SHAREHOLDERS.

Source text for Eikon:  ID:nGNX26RHgY 
Further company coverage:  ALPIX.PA 

 (Reporting by Sudip Kar-Gupta)
 ((sudip.kargupta@thomsonreuters.com;))