Nacon Convenes Shareholders and Creditors to Vote on Reorganisation Plan

Nacon has called shareholders and creditor classes to vote on a draft reorganisation plan after the Lille Métropole Commercial Court opened judicial reorganisation proceedings on March 2, 2026. The plan proposes operational and workforce restructuring, debt and liability restructuring, an equity injection with subscription rights preserved, and conversion of intragroup receivables into equity, aiming to support long-term viability and protect jobs. The Court is scheduled to rule on the plan on December 9, 2026, with the financial restructuring expected to conclude by the end of Q1 2027.