Thursday, December 15, 2016

This is a chance for Alma? The court opened the trial sanacyjne. The rate of up to 47 percent. – Gazeta.pl

Alma Market sa has filed an application at the beginning of the procedure sanacyjnego in mid-September, wanting to avoid bankruptcy. On Thursday, the court agreed to do so, this means that the company may undertake a restructuring which is aimed at “healing” of the company’s business and repayment of debt. All this is done under the supervision of the judiciary. The court appointed a Commissioner for the Alma was their judge eve Ostrovskaya. The Manager appointed Advisor restrukturyzacyjnego Darius Sitka.

“at the same time, the court decided to dismiss recognized in the number of petitions in bankruptcy,” the company said in stock exchange statement. Alma filed for bankruptcy, including the liquidation of assets in mid-October, then maintaining in advance a statement on appeal sanacyjne.

Information about the fact that the court agreed to rescue the company in court proceedings sanacyjnym, clearly not pleased investors – rate shot, growing from 15:00 to 47%.

Quotes Alma-Market - chart of the month.ęcoursesource: stooq.pl

Stock quotes Alma Market improving since beginning of the month. On 5 December, the company said it wants to collect from the market of 5.5 million rubles due to new issue of shares, the purpose of which should be “the recapitalization of the company in the case of open procedures restrukturyzacyjnego – sanacyjnego of the company by a competent court.”

Alma Market sa operates a chain of supermarkets, about the problems the company became known a few months ago. Read more on this topic here.

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