Brief: Vmoto Confirms Discussions With Third Parties In Asia In Relation To Its Business

Vmoto

07/08/2023 02:13

Aug 7 (Reuters) - Vmoto Ltd  VMT.AX :
    * CONFIRMS THAT IT IS IN DISCUSSIONS WITH THIRD PARTIES IN
ASIA IN
RELATION TO ITS BUSINESS
    * ADVISES COMMENTS MADE CERTAIN OF ITALIAN EMPLOYEES
REGARDING
FORECAST UNIT SALES FOR 2024 WERE NOT ENDORSED BY SENIOR
MANAGEMENT
    * DOES NOT CURRENTLY PROVIDE GUIDANCE ON FORECAST UNIT SALES
    * NONE OF DISCUSSIONS WITH THIRD PARTIES IN ASIA RESULTED IN
ANY
DEFINITIVE TRANSACTION
    * INTENDS TO UNDERTAKE A REVIEW OF ITS CURRENT DISCLOSURE
PROCEDURES AND EMPLOYEE TRAINING.

Source text for Eikon:  ID:nASX1yW2tj 
Further company coverage:  VMT.AX 

 ((Reuters.Briefs@thomsonreuters.com;))