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ABC arbitrage - Information Notice Regarding Paragraph 4.1 of the Consolidated Accounts Included in the 2023 Annual Financial Report

ABC arbitrage - Information Notice Regarding Paragraph 4.1 of the Consolidated Accounts Included in the 2023 Annual Financial Report In accordance with Article 17 of the MAR regulation concerning the concept of insider information, and despite the gross financial impact for the first half of 2024 being estimated at only €230K, ABC arbitrage announces that Quartys Limited (100% owned subsidiary) received, on August 30, 2024, a letter from the Swiss Federal Tax Administration ("AFC")...
Paris, (informazione.it - comunicati stampa - servizi)


In accordance with Article 17 of the MAR regulation concerning the concept of insider information, and despite the gross financial impact for the first half of 2024 being estimated at only €230K, ABC arbitrage announces that Quartys Limited (100% owned subsidiary) received, on August 30, 2024, a letter from the Swiss Federal Tax Administration ("AFC") rejecting the refund of withholding taxes.



As explained in the 2023 financial report, the entire appeal process could take several years. For this reason, the receivable was discounted over a five-year period in the 2023 accounts, resulting in a negative impact of €1.35M for that year. The Group has planned to update these amounts for the publication of the first half of 2024 accounts, adding an additional negative impact of €0.23M to that of the 2023 financial year, for a total of €1.58M in impairments of the receivable in the Group's accounts.

The various press releases can be viewed on the company's website at the following link abc-arbitrage , in the Shareholders section, under Publications .

The next communication is scheduled for September 24 at 7:00 AM for the announcement of the first-half 2024 results.

Contacts : abc-arbitrage.com
Relations actionnaires : actionnaires@abc-arbitrage.com
Relations presse: VERBATEE / v.sabineu@verbatee.com EURONEXT Paris - Compartiment B
ISIN : FR0004040608
Reuters  BITI.PA / Bloomberg ABCA FP

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