Crescent NV

04/24/2024 | Press release | Distributed by Public on 04/23/2024 23:20

REGULATED INFORMATION AND INSIDER INFORMATION – Postponement of publication of the annual report 2023 until May 28, 2024 General Meeting will take place on June 28, 2024

Leuven, Belgium - 24 April 2024 - 7:30 CET, Crescent NV, Geldenaaksebaan 329, 3001 Heverlee (Euronext Brussels: OPTI)

The Board of Directors has decided to publish the annual report for the financial year 2023 by May 28, 2024 at the latest and has adjusted its financial calendar accordingly.

The annual general meeting will meet on June 28, 2024. A new convocation will be issued.

The reason for this postponement is the focus of the management team on the ongoing due diligence process regarding the divestment of the services division and the impact of such divestment, of which the closing is expected during the month of May, on the 2023 annual report.

From an IFRS accounting perspective this divestment is considered as an "asset held for sale" which implies additional disclosures and restatements of previous years;

CONTACT

Edwin Bex
Geldenaaksebaan 329
B-3001 Leuven, Belgium
TEL: +32 (0) 16 31 74 11
E-mail: [email protected]
www.crescent-ventures.com