on SMART GOOD THINGS (isin : FR001400CDB7)
Strategic Reorganization Between SMART GOOD THINGS and Distribution Casino France
SMART GOOD THINGS Holding announced, on April 29, 2024, the signing of an agreement with Distribution Casino France (DCF) aimed at concluding their partnerships and organizing the exit of DCF from the company's capital. This arrangement puts an end to a collaboration initially focused on the distribution and referencing of SMART GOOD THINGS products within various store formats of the Casino group.
The agreement provides for the resignation of DCF from his position on the board of directors of SGTH. Furthermore, a capital reduction, necessary to realize the exit of DCF, must be authorized by an Extraordinary General Meeting before July 31, 2024. The resumption of the listing of SGTH shares is planned from April 29, 2024, signaling a new step for the company.
In the context of these changes, the publication of the results for the 2023 financial year has been postponed to allow all financial aspects related to this transition to be finalized. The postponement should allow SGTH to present rectified accounts by May 31, 2024.
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