(Finance) – Notorious Picturesa company active in the film production sector and listed on Euronext Growth Milan, will not proceed with the issue of the non-convertible bond of 1 million euros which was on the agenda of the next shareholders’ meeting.
The decision has been made “in mutual agreement with the primary credit institution with which he had structured the bond issue operation”, we read in a note.
In this regard, the company was informed by majority shareholder Gugly that the same will not appear at the extraordinary meeting and that therefore on this item on the agenda the quorum will not be formed, while participation in the ordinary part of the meeting has been confirmed.
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