EUROPLASMA: Update on the sale of the Defense Division and focus on activities

Europlasma, a key industrial player involved in pollution control, decarbonization, and defense, recently announced the progress of the sale of its Defense Division. The negotiations have not yet resulted in a final agreement. Forges de Tarbes is facing a formal notice for equipment reclassification and is involved in a judicial investigation.

Europlasma continues to focus on preserving its industrial resources and maintaining employment. The Valdunes Industries project and the liquidation of the Fonderie de Bretagne foundry will impact the half-year financial results, which are expected to be published at the end of October. Furthermore, the Group remains cautious regarding the dilution risks associated with its latest convertible share financing.