The company with the name “Folli-Follie Commercial Manufacturing and Technical Société Anonyme” and the distinctive title “FF Group” (hereinafter the “Company”), following today’s publications by the Press, which refer to an “acceptance of the injunction measures application of the Hellenic Investors Association against the Company”, hereby provides the following update to the market.
The injunction measures application of 56 investors dated 8.11.2018 was heard today before the Athens Single-Member Court of First Instance, with the request to impose a temporary seizure on all movable and immovable property of the Company (among others) up to the amount of 2.3 million Euros. A provisional order, prohibiting the modification in the factual and legal status of the Company’s assets up to said amount, has already been granted, as reported in the Company’s announcement dated 22.11.2018. After the hearing, the Judge of the Single-Member Court of First Instance maintained the validity of the above provisional order until the issue of its decision – as usual – and did not issue a decision on the aforementioned application, as inaccurately mentioned in certain publications. The Company will revert with a further announcement after the issue of the decision on said application.
This announcement is released by Folli Follie Commercial Manufacturing and Technical Société Anonyme in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR) and the Rule Book of the Athens Exchange. It contains information that qualifies as inside information for the purposes of Article 7 of MAR. For the purposes of MAR and Article 2 of Commission Implementing Regulation (EU) 2016/1055, the person responsible for arranging the release of this announcement on behalf of the Company is Mantalena Kasidiaropoulou, Head of Investor Relations.