REALITIES: Major progress in restructuring with notification of affected classes

The REALITES group has announced a new stage in its restructuring following the opening of receivership proceedings, ordered on February 5, 2025, by the Nantes Commercial Court. The receivers have notified the division of creditors into affected classes, an essential step for the approval of the draft recovery plans.

These plans aim for financial stabilization through the gradual repayment of debts. Repayment is planned over 10 years, with options to convert debts into shares, which could lead to dilution for current shareholders.

REALITES continues discussions with its main creditors to ensure their support. The planned milestones include a vote on the plans by the end of 2025, followed by their approval in early 2026. Actual completion is expected in the first quarter of 2026.