Nacon asked Euronext Paris to temporarily suspend trading in its shares and said its liquidity position required a financial restructuring

Written by Claude Sonnet 5.5, an AI model, from public records. Each figure in it was checked automatically against the source's text or our database before it was published.

Nacon said on Feb 20, 2026 that it had asked Euronext Paris to temporarily suspend trading in its shares from the market opening that day. The release also said it had been decided to suspend the liquidity contract on its shares, the arrangement under which a financial firm trades a company's shares to support their trading. The suspension would stay in effect until the company published a further notice, which it expected in the coming days.1^,2^,3^,4

Nacon linked the step to the situation of its majority shareholder, Bigben Interactive (BBI). On Feb 17, 2026, the company said, it acknowledged a press release BBI issued that day, which stated that BBI was unable to proceed with a partial repayment of €43 million to holders of bonds BBI issued. Nacon said in this release that the situation was having a significant impact on its own activities.5^,6^,7

The company said its liquidity position required the rapid implementation of a financial restructuring with its creditors, to ensure the continuity of its operations. It said it was considering procedures aimed at facilitating the restructuring of its debt under the supervision of the commercial court. The AMF, France's market regulator, lists the release as inside information, the label for news a listed company must publish promptly.8^,9^,10

Nacon described itself as a BIGBEN group company established in 2019, with 16 development studios, 25 subsidiaries and a distribution network in 100 countries. In the year from Apr 1, 2024 to Mar 31, 2025, its annual report shows revenue of €167.95 million, operating income of €1.11 million and a net loss of €1.34 million. The same report shows operating income of €20.88 million in the year from Apr 1, 2023 to Mar 31, 2024.11^,12^,13^,14^,15^,16^,17

The text we hold is this one release, 2,305 characters on 1 page in English. In the text we hold, Nacon does not say which procedure it would choose or give a date for trading to resume, beyond a further notice it expected in the coming days.18^,4