DELTA DRONE - Disposal of the balance of the shares held in the capital of Delta Drone International

Disposal of the balanceof the sharesheldinthecapital ofDeltaDroneInternationalDardilly, 17 January 2023 – 6 pm After selling 16.77% of Delta Drone International's share capital (see press release of December 29, 2022), Delta Drone announces today the sale of the balance of its stake, i.e., 211,718,632 shares representing 41.37%, marking its total withdrawal from its Australian subsidiary.The transaction was carried out at the same price level (AU$0...

Grenoble, 17/01/2023 (informazione.news - comunicati stampa - scienza e tecnologia)

Disposal of the balance of the shares held in the capital
of Delta Drone International

Dardilly, 17 January 2023 – 6 pm

After selling 16.77% of Delta Drone International's share capital (see press release of December 29, 2022), Delta Drone announces today the sale of the balance of its stake, i.e., 211,718,632 shares representing 41.37%, marking its total withdrawal from its Australian subsidiary.

The transaction was carried out at the same price level (AU$0.005/share), with various Australian professional and institutional investors, through Baker Young Advisory.

Overall, this transaction strengthens Delta Drone's cash position by nearly €1 million.

However, it does not call into question the prospects of commercial collaboration between Delta Drone and its former subsidiary: on the contrary, they should be facilitated, as the rules governing relations between two listed companies with capital links are complex, particularly in Australia.

About Delta Drone : Delta Drone Group is a recognized international player in the field of civilian drones for professional use. It develops a range of professional solutions based on drone technology as well as all associated services that form a complete value chain.
Delta Drone shares are listed on the Euronext Growth Paris market – ISIN code: FR0014009LP0
BSA Y – ISIN code: FR 0013400991
www.deltadrone.com
Investor Contacts:

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