February 16, 2018 / 7:51 AM / 8 months ago

BRIEF-Groupe Actiplay Says Started Exit Process Of Observation Period

Feb 16 (Reuters) - GROUPE ACTIPLAY SA:

* ACCELERATES ITS INITIAL BUSINESS PLAN AND STRENGTHENS ITS SALES TEAM‍​

* HAS FILED ON FEB 14 ITS DRAFT SAFEGUARD PLAN WHICH INCLUDES PROPOSALS FOR REPAYMENT TO CREDITORS‍​

* TARGETS EXIT FROM PROCEDURE BY HOMOLOGATION OF SAFEGUARD PLAN STARTING END OF MAY 2018

* SAYS STARTED THE EXIT PROCESS OF THE OBSERVATION PERIOD PUT IN PLACE BY THE COMMERCIAL COURT OF BORDEAUX‍​ Further company coverage: (Gdynia Newsroom)

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