(Alliance News) - Visibilia Editore Spa announced on Friday that no party has been found willing to take on the role of Euronext Growth Advisor, as previously communicated last July.
According to stock exchange regulations, the absence of an advisor for more than six months results in the company's removal from trading on the Euronext Growth Milan market. This deadline will expire on September 20, thereby triggering the conditions for the delisting of the company's shares.
Chairman and CEO Giorgio Armaroli - the new reference shareholder through Athena Pubblicità Srl - has reiterated his commitment to reviving editorial activities and strengthening the group's business, in ongoing dialogue with other shareholders.
By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter
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