ANNOUNCEMENT FOR THE POSTPONEMENT OF THE ANNUAL GENERAL MEETING

The Company “Folli Follie Commercial Manufacturing and Technical Société Anonyme”, following its previous announcements dated 14 and 20 August 2018, announces to the market that following a request by the Company’s shareholder, Mr. Dimitrios Koutsolioutsos, pursuant to the provisions of the Greek Codified Law 2190/1920 (art. 39 para. 3), the scheduled Annual General Meeting of our Company’s Shareholders, on 10 September 2018, will be postponed and will take place on 10 October 2018, given that the findings of the extraordinary audits, which are being conducted, are not yet at the disposal of the Company and Ernst & Young.

Pursuant to a recent update provided to the Company, Alvarez & Marsal’s reports are now expected to be delivered to the Company and Ernst & Young in the next three weeks. Upon delivery of the reports to Ernst & Young and on the basis thereof, Ernst & Young’s timetable for the delivery of their work will be announced.

This present announcement is issued following a relevant request by the Hellenic Capital Markets Commission and in compliance with the relevant provisions of the Regulation (EU) 596/2014 relating to the issuer’s obligation to disclose inside information.

For FF Group

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