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Announcements | July 7, 2023 | 4 min read

SES-imagotag responds to the second part of inaccurate and deliberately misleading Gotham City publication

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gotham city

Complaint filed with
the French National Financial Prosecutor[1]

 

SES-imagotag (“the Company”) has learned of the second part of Gotham City’s publication released today, which contains nothing more than a continuation of false and deliberately misleading accusations.

As with the first publication, this new part, which contains several gross inaccuracies, is designed solely to enable the short seller to profit from any potential decline in SES-imagotag’s share price. SES-imagotag will publish a similarly comprehensive and detailed refutation of this second publication in the coming days.

The Company confirms that it has formally notified the French Financial Markets Authority[2] to inform it of the numerous breaches of its regulations committed by Gotham City and has also filed today a complaint with the French National Financial Prosecutor in particular for disseminating false and misleading information.

SES-imagotag and its teams thank all shareholders for their support in the face of this attempted share price destabilization and manipulation, and the Company remains fully focused on the implementation of the Vusion ‘27 strategic plan.

As already communicated on June 28, the Company expects 2023 to be another year of growth and improved profitability. The second quarter of 2023 set a historic record with consolidated revenue reaching the €200m mark for the first time. Overall, the first half of 2023 will also be a record for the company, with top-line growth of approx. +30% in line with annual guidance, and marked by multiple customer wins in the U.S.

SES-imagotag will share its 2023 H1 Sales on July 27, 2023, and its H1 2023 Audited Results on September 11, 2023.

[1] Parquet National Financier

[2] Autorité des marchés financiers

 

Investor Relations contact:

Labrador – Raquel Lizarraga / +33 (0)6 46 71 55 20 / [email protected]

Press contacts

Europe:

Publicis Consultants

Audrey Malmenayde / +33 6 76 93 11 45 / [email protected]

Louis Silvestre / +33 6 24 31 06 76 / [email protected]

 

International:

Kekst CNC

Jeremy Fielding / [email protected]

Nick Capuano / [email protected]

Arnaud Salla / [email protected]

Disclaimer 

Certain information included in this press release does not constitute historical data but constitutes forward-looking statements. These forward-looking statements are based on current beliefs, expectations and assumptions, including, without limitation, assumptions regarding the Company’s present and future business strategies and the economic environment in which the Company operates. They involve known and unknown risks, uncertainties and other factors, which may cause actual performance and results to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include those discussed and identified in Chapter 2 “Risk Factors” in the Universal Registration Document approved by the French Financial Markets Authority (AMF) and available on the Company’s website (www.ses-imagotag.com) and the AMF’s website (www.amf-france.org). These forward-looking information and statements are no guarantee of future performance.

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