sur GECI INTERNATIONAL (EPA:ALGEC)
GECI International Resolves Long-standing Dispute with Favorable Ruling
GECI International has announced the conclusion of its dispute with the Grand Est region following the French Cour de cassation's ruling on December 3, 2025. The court declared the 2011 guarantee for Sky Aircraft's second advance unenforceable as it lacked the necessary approval by GECI's Board of Directors. Consequently, the demand for repayment of €6.1 million from the Company cannot proceed.
The dispute now only involves a final €5 million advance, with ongoing discussions about €1 million, which is governed by an agreement limiting repayment to 10% of GECI's annual net income. Despite the resolution, the Company will continue to report the balance in its financial statements. GECI remains dedicated to its strategic advancement in Digital and Technology sectors, focusing on high-growth markets for sustainable value creation.
R. H.
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