Suspension of trading of the shares of the company "SELECTED TEXTILES S.A."



November 1st, 2024

 

Suspension of trading of the shares of the company "SELECTED TEXTILES S.A."

Upon relevant request of the Hellenic Capital Market Commission, the trading of the shares of "SELECTED TEXTILES S.A." is suspended, as of today Friday, November 1st , 2024, in line with paragraph 2d, article 23, L. 3556/2007,  for a maximum time period of ten (10) days, due to the fact that there are reasonable grounds for considering that the company's released Annual Financial Reports for the period 01/07/2023 ? 30/06/2024 (published on 31/10/2024) have not been prepared according to IAS/IFRS standards, on the basis of  the auditors' report, which includes a "Qualified Opinion". 

 

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About Athens Exchange Group

The Athens Stock Exchange since its establishment in 1876, consistently participate in the financial and business developments in the country.

Athens Exchange Group (ATHEX Group), provides support to the Greek Capital Market. ATHEX Group operates the organized Equities and Derivatves markets, the alternative market and performs clearing and settlement of trades.

The Athens Stock Exchange, through its markets, offers solutions and financing tools to businesses, expands investor choice by providing a safe, stable and easy environment in full alignment with international practices and the European regulatory framework. It has held the ISO 22301:2012 international standard for Business Continuity, for all its companies, including all its operations as well as the products & services it provides.

In a period that the role of stock markets in exploring alternative ways of financing business, at a European level, is significantly enhanced, the Athens Exchange Group has taken a series of initiatives to highlight the attractiveness of the Greek Capital Market and the Greek companies to the international investment community and expand the variety of investment opportunities.

Its shares are traded on the Main Market of the Athens Stock Exchange (Symbol: EXAE).

The profiles of the ATHEX Group and its markets can be downloaded from the link. More information can be found in the website www.athexgroup.gr.