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Extension of Dolphin Integration's judicial redress
Grenoble, France - October 24, 2018
Following the judgment on August 21, 2018 in favor of the adoption of a plan for the total transfer of the assets and goodwill of the company DOLPHIN INTEGRATION SA, the procedure implemented by a minority shareholder to challenge the sale of the company was ruled out of order by commercial court judgment rendered on October 16, 2018.
In the absence of perspective for a recovery plan, a hearing of the Commercial Court of Grenoble was held on October 24, which was to pronounce the conversion into judicial liquidation. Indeed, this procedure, to challenge the sale of the company had given place on October 16, 2018 to a pronouncement of judgment emptying this dispute. But the plaintiffs have appealed.
At the hearing of 24 October 2018, the Commercial Court of Grenoble therefore indicated that the review of the situation of the company DOLPHIN INTEGRATION SA is postponed before the term of its first observation period, at the Council Chamber of 9 January 2019.
In the meantime, no resumption of the listing of DOLPHIN INTEGRATION shares is contemplated.
In accordance with the applicable regulations, the company will communicate any new stage of the procedure.
The Chairman of the board of directors