Ailleron SaGPW: ALL

Ailleron Adopts Plan To Spin Off Office Administration Department

· Issued by Ailleron Sa

Ailleron SA GPW:ALL:

  • SAID ON WEDNESDAY IT HAS ADOPTED A PLAN TO SPIN OFF ITS OFFICE ADMINISTRATION DEPARTMENT

  • THE ASSETS WILL BE TRANSFERRED TO A NEWLY FORMED COMPANY NAMED FLEXSPACE

  • FLEXSPACE WILL BECOME COMPANY'S WHOLLY-OWNED SUBSIDIARY

  • THE DIVISION PLAN REQUIRES SHAREHOLDER APPROVAL

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