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The CNMV suspends the listing of Ezentis after requesting the pre-bankruptcy of creditors

MADRID, 2 Sep.

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The CNMV suspends the listing of Ezentis after requesting the pre-bankruptcy of creditors

MADRID, 2 Sep. (EUROPA PRESS) -

The National Securities Market Commission (CNMV) has decided to provisionally suspend, with effect from 8:30 a.m. this Friday, the trading of Ezentis shares after the company has requested the pre-bankruptcy of creditors, in a context of risk of "imminent insolvency" in treasury due to debt exceeding 150 million euros.

The CNMV has indicated that the suspension will be lifted when relevant information about the firm is released soon.

The titles of the company have closed this Thursday with a decrease of 1.06% in the Madrid parquet, after placing its price at 0.0745 euros.

After the rejection by the State Industrial Participation Society (SEPI) in July of the company's rescue request for an amount of 70 million euros, Ezentis confirmed yesterday that the situation has led to a scenario of "imminent insolvency". , which could become current in the coming weeks".

Likewise, it has reported that its subsidiary of the company in Germany has filed a declaration of insolvency with the corresponding body.

In the statement sent to the CNMV, the company indicates that the council has requested the pre-contest after spending several months preparing a viability plan that can ensure the continuity of the company and its subsidiaries, having received support both from its main client as well as financial entities, to the extent that the necessary premises for the viability of the company today have not been guaranteed (especially the relevant cash inflow).

Among the creditor entities are the Arcano and Muzinich funds, as well as a group of banks formed by BBVA, Banco Pichincha, Banco Santander, Caixabank and EBN.

"The decision to present said communication opening negotiations with the creditors - which has also been adopted by the administrative body of the company's national subsidiaries - has been adopted after obtaining the appropriate external advice and with the aim of protecting the interests of the company's creditors and shareholders, allowing additional time to reach the necessary agreements with the creditors," the company added in a statement.

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