Tonner Drones leaves Euronext Penalty Bench

Tonner Drones leaves Euronext Penalty Bench

Cannes, 26 February 2024 18:00

Tonner Drones (FR001400H2X4 - ALTD) is pleased to announce that it will return to the regular trading group from 28^th February 2024.

Following the publication of it half year financial report publication on February 22 2024, Tonner Drones today received the official notice from Euronext that it is fully compliant again to the paragraph 4.2.1. of Euronext Growth rules.

Returning to the regular trading group E2 is an important step in the restructering and refinancing phase that the company is currently finalizing.

About Tonner Drones: Tonner Drones (formerly Delta Drone) develops UAVs and associated technologies for the defense and homeland security sectors. Tonner Drones holds valuable stakes in some of France's leading civilian and military drone manufacturers. Tonner Drones’ strategy is to leverage its shareholdings in these companies through active asset management, a private equity fund, and by teaming up with other private equity funds to become a significant industry consolidator. Additional revenues can be achieved through royalties from patents held by Tonner Drones to recognized manufacturers. Tonner Drones does not plan on owning a factory; however, it is determined to retain R&D for its products and systems in France.

Tonner Drones’ shares are listed on Euronext Growth Paris (ISIN code: FR001400H2X4).

More information at www.tonnerdrones.com
If you would like to find out more, or if you are interested in a partnership: contact@tonnerdrones.com

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• TONNER DRONES UK