Core Viewpoint - Bigben Interactive has requested a temporary suspension of trading in its shares and bonds due to financial difficulties stemming from a refusal by its banking pool to respond to a drawdown notice related to the refinancing of its exchangeable bonds [1][2][3][4]. Group 1: Financial Situation - The company was unable to proceed with a partial repayment of outstanding bonds amounting to EUR 43 million, which was originally scheduled for 19 February 2026 [2]. - In response to its financial difficulties, the company has initiated discussions with its main creditors and financial partners to ensure business continuity and restructure its debt [3]. - The company is considering procedures for debt restructuring under the supervision of the Commercial Court [3]. Group 2: Trading Suspension - Trading in Bigben Interactive's shares on Euronext Paris and its bonds on Euronext Access Paris has been suspended as of market opening on 20 February 2026 [1][4]. - The liquidity contract on Bigben Interactive's shares has also been suspended [4]. Group 3: Company Overview - Bigben Interactive is a European player in video game publishing, mobile and gaming accessories, and audio-video products, with a revenue of €288 million for the fiscal year 2024-25 [5]. - The company employs more than 1,300 individuals and is listed on Euronext Paris, Compartment B [6].

Core Viewpoint - Bigben Interactive is facing challenges in executing the planned partial repayment of its bond loan due to a late refusal from its banking pool to respond to a drawdown notice, which has led the company to consider requesting a deferral from bondholders and exploring debt restructuring options under commercial court supervision [1][2][8]. Financial Information - The company issued a bond loan of €87.3 million on 12 February 2021, with an outstanding amount of €59.1 million remaining as of now [3]. - A refinancing agreement for the outstanding bonds was announced on 24 November 2025, totaling €43 million, leaving a non-refinanced residual balance of approximately €16.1 million [4]. - A general meeting of bondholders on 2 February 2026 approved amendments allowing for a partial repayment of €75,000 per bond, reducing the nominal amount from €100,000 to €28,000, with the maturity date for the non-refinanced balance postponed to 19 August 2032 [6]. Company Operations - Bigben is a European player in video game publishing and the design and distribution of mobile and gaming accessories, as well as audio-video products, aiming to become a leader in its markets [10]. - The company has over 1,300 employees and operates 36 subsidiaries with a distribution network in over 100 countries [11][12].

Core Viewpoint - Bigben Interactive has announced the availability of its 2025/26 half-year financial report, which has been restated due to an ongoing legal dispute that necessitated a provision of 2.5 million euros [2][3]. Financial Report Summary - The half-year financial report for 2025/26 was delayed due to the need for restatement following an auditor's position regarding a legal dispute [2]. - A provision of 2.5 million euros was recorded in the restated accounts related to the legal dispute [2]. Legal Dispute Details - The legal dispute, ongoing for over 15 years, involves patents held by Nintendo concerning controllers that are no longer marketed by Bigben [3]. - A recent unfavorable ruling from German courts against Bigben Interactive Gmbh has prompted the company to appeal the decision [3][4]. Company Overview - Bigben Interactive is a European player in video game publishing and the design and distribution of mobile and gaming accessories, as well as audio-video products [5]. - The company aims to be a leader in its markets and has over 1,300 employees with a distribution network in over 100 countries [5].

Core Viewpoint - Bigben Interactive is initiating discussions with holders of senior conditionally secured bonds exchangeable into Nacon company shares, maturing on February 19, 2026, to renegotiate the terms of the bonds to maintain operational and financial flexibility [1][6]. Group 1: Bond Details - The company established a bond loan amounting to €87.3 million on February 12, 2021, with a maturity date of February 19, 2026 [2]. - As of the press release date, the outstanding amount of the bonds totals €57.4 million, which is repayable at maturity at 103%, equating to €59.1 million [3]. - After a partial refinancing agreement of €43 million secured on November 24, 2025, the residual unrefinanced balance of the bonds is approximately €16 million [4][5]. Group 2: Strategic Intentions - The company aims to propose a renegotiation of the bond terms to avoid premature cash mobilization that could limit development prospects [6]. - Following discussions, all bondholders may be convened to vote on any amendments to the bond terms in accordance with legal and regulatory provisions [7]. Group 3: Company Overview - Bigben Interactive is a European player in video game publishing and the design and distribution of mobile and gaming accessories, as well as audio-video products, with a goal to be a leader in its markets [8]. - The company is listed on Euronext Paris and has over 1,300 employees [8].