TECHNICOLOR: COMMENTS ON INFORMATION CIRCULATING IN THE MARKET
Technicolor: COMMENTS ON INFORMATION CIRCULATING iN THE MARKET
Paris (France), 19 November 2018 - There have been press reports and market rumours with respect to potential transactions involving Technicolor (Euronext Paris: TCH; OTCQX: TCLRY). The company regularly reviews and evaluates strategic alternatives for its assets, whether acquisitions, combinations or divestments, in the best interest of its stakeholders. This may involve discussions with industry players and/or financial investors. This is an ongoing process in keeping with management's mission to deliver value for shareholders.
In this regard, Technicolor stresses that any discussions are at a preliminary stage. No strategic decision or commitment has been made.
Technicolor will provide no further comment on rumors.
Technicolor, a worldwide technology leader in the media and entertainment sector, is at the forefront of digital innovation. Our world class research and innovation laboratories enable us to lead the market in delivering advanced video services to content creators and distributors. We also benefit from an extensive intellectual property portfolio focused on imaging and sound technologies. Our commitment: supporting the delivery of exciting new experiences for consumers in theaters, homes and on-the-go.
Technicolor shares are on the Euronext Paris exchange (TCH) and traded in the USA on the OTCQX marketplace (OTCQX: TCLRY).
Christophe Le Mignan: +33 1 41 86 58 83