Further postponement of the publication of the 2023 annual financial statements
|
EQS-News: LIBERO football finance AG
/ Key word(s): Annual Report
Frankfurt am Main, November 18, 2024 – LIBERO football finance AG ("LIBERO") announces that the publication of the financial statements for the 2023 fiscal year will be further delayed. Following the previous announcement on September 19, 2024, which projected publication by mid-November 2024, the Board of LIBERO now expects publication to occur in mid-January 2025. The same timeline applies to the publication of the interim financial statements as of June 30, 2024, as these can only be released once the 2023 financial statements have been finalized.
The reason for this further delay is the ongoing postponement of the finalization of contractual agreements regarding the resolution of the remaining elements related to the acquisition of shares in Bridgeburg Invest S.L. in Spain. In its Corporate News dated August 30, 2024, LIBERO reported a positive agreement and partial resolution amounting to approximately EUR 25 million with Barça Produccion S.L. The company also noted that final negotiations were underway to resolve the outstanding portion of the transaction, amounting to approximately EUR 15 million. However, due to the complexity and involvement of multiple parties, coupled with the associated organizational efforts, the final resolution of the remaining portion has not yet been achieved. The Executive Board believes that the agreements related to the remaining portion of the aforementioned transactions will be concluded in the near future, enabling the complete resolution of all legal disputes with FC Barcelona. Furthermore, the Board remains confident that with a high degree of certainty, no negative impacts are anticipated for LIBERO. The Executive Board currently anticipates that by mid-January 2025, sufficient clarity regarding the progress of the remaining elements of the proceedings will be achieved. This will allow the audit of the 2023 financial statements to be completed and enable the publication of both the 2023 financial statements and the interim financial statements as of June 30, 2024.
18.11.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
| Language: | English |
| Company: | LIBERO football finance AG |
| Taunusanlage 9-10 | |
| 60329 Frankfurt am Main | |
| Germany | |
| E-mail: | info@libero-football-finance.com |
| Internet: | www.libero-football-finance.com |
| ISIN: | DE000A161N22 |
| WKN: | A161N2 |
| Listed: | Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart |
| EQS News ID: | 2032613 |
| End of News | EQS News Service |
|
|
2032613 18.11.2024 CET/CEST
P R O D U C T S U G G E S T I O N S
The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.
The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.
If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.
For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.
1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.