SES Imagotag: unequivocally rejects Gotham's second report

Vusion SA

10/07/2023 07:24

July 10 (Reuters) - SES Imagotag  SESL.PA  on Monday
said that it unequivocally rejected a second report from Gotham
City Research, in which the hedge fund alleged accounting
irregularities in the French smart label firm's financial
statements. 
    The French company, which on Friday had already rejected the
second report after it was dismissed by analysts, said Gotham's
accusations were solely designed to help the short seller profit
from a decline in its share price. 
    

 (Reporting by Olivier Sorgho;
Editing by Sudip Kar-Gupta)
 ((Olivier.Sorgho@thomsonreuters.com))