Temporary suspension of trading of the securities of "M.L.S. MULTIMEDIA S.A."
13th May 2020
Temporary suspension of trading of the securities of
"M.L.S. MULTIMEDIA S.A."
Upon relevant request of the Hellenic Capital Market Commission, the trading of the securities of "MLS MULTIMEDIA S.A.", shares and bonds (MLS1, MLS2 and MLS3, trading on the Alternative Market), is suspended as of today, May 13th, 2020, according to case d, par.2, art.23, Law 3556/2007 (GG A΄/91/30.4.2007) and for a maximum period of ten (10) days, as there are sound reasons to suspect that the provisions of Law 3556/2007 were violated by the aforementioned company.
In particular, the Hellenic Capital Market Commission, based on the data it received on 12.05.2020 regarding the mandatory audit carried out on the item of the balance sheet "Intangible Assets" of the company's annual financial statements for the fiscal year ended 31.12.2018, evaluates that reasonable doubts arise as to the correct composition of the above financial statements, in accordance with the International Financial Reporting Standards.
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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).
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