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Intracom: Denies negotiating sale of Intracom Defense

Intracom denied a report that it was in negotiations with the Israeli Elbit Systems for the sale of Intracom Defense, responding to a related question from the Capital Market Commission.

Analytically:

“INTRACOM HOLDINGS (ATHEX: INTKA), in response to the Capital Market Commission’s letter no. 1761/2022, denies the publication of the EMEA website (Sniper) dated 18.07.2022 regarding the Company’s negotiations for the acquisition of a majority block of shares of Intracom Defense (IDE) from the Tel Aviv Stock Exchange listed Israeli company Elbit Systems.

To this end, the Company, for the protection of the investing public, but in response to the trust that the general public shows in it, having complied with the obligations provided for by the applicable legislation, assures once again that when an event occurs, the disclosure of which is reasonably expected to influence the market of its shares, it is responsible for publicizing it”.

Source: Capital

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