SMG Hospitality SE: Delayed publication of financial statements

EQS-Ad-hoc: SMG Hospitality SE / Key word(s): Annual Report/Annual Report
SMG Hospitality SE: Delayed publication of financial statements

26-Apr-2024 / 18:55 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation
(EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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AD-HOC ANNOUNCEMENT
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY
OR INDIRECTLY, IN OR INTO THE UNITED STATES, THE UNITED KINGDOM, CANADA,
AUSTRALIA, SOUTH AFRICA OR JAPAN OR ANY OTHER JURISDICTION IN VIOLATION OF
THE RELEVANT LAWS OF SUCH JURISDICTION. PLEASE SEE THE IMPORTANT NOTICE AT
THE END OF THIS PUBLICATION.
Public disclosure of inside information according to Article 17 para. 1 of
the Regulation (EU) No 596/2014 on market abuse (Market Abuse Regulation)
Delayed publication of financial statements
Luxembourg, 26 April 2024 - SMG Hospitality SE (the "Company", ISIN:
LU2380749676, Frankfurt Stock Exchange: RCVR) expects that, following
discussions with the Company's auditor, the publication of the adopted and
audited standalone financial statements and consolidated financial
statements of the Company for the fiscal year 2023 will not take place
within the deadline of four months after the closing of the financial year.
The standalone and consolidated financial statements of the Company can only
be audited and adopted when the conditions for accounting on a going-concern
basis are met. The Company works together closely with the Company's auditor
to satisfy the requirements for adoption and will announce an expected new
date for the publication of the financial statements for the fiscal year
2023 as soon as possible.
Contact:
Dr. Stefan Petrikovics
Chief Executive Officer
SMG Hospitality SE
9, rue de Bitbourg
L-1273 Luxembourg
Luxembourg
stefan@smg-holding.com
Important Notice
This release may contain forward looking statements, estimates, opinions and
projections with respect to anticipated future performance of the Company
("forward-looking statements"). These forward-looking statements can be
identified by the use of forward-looking terminology, including the terms
"believes," "estimates," "anticipates," "expects," "intends," "may," "will"
or "should" or, in each case, their negative, or other variations or
comparable terminology. These forward-looking statements include all matters
that are not historical facts. Forward-looking statements are based on the
current views, expectations and assumptions of the management of the Company
and involve significant known and unknown risks and uncertainties that could
cause actual results, performance or events to differ materially from those
expressed or implied in such statements. Forward-looking statements should
not be read as guarantees of future performance or results and will not
necessarily be accurate indications of whether or not such results will be
achieved. Any forward-looking statements included herein only speak as at
the date of this release. The Company undertakes no obligation, and does not
expect to publicly update, or publicly revise, any of the information,
forward-looking statements or the conclusions contained herein or to reflect
new events or circumstances or to correct any inaccuracies which may become
apparent subsequent to the date hereof, whether as a result of new
information, future events or otherwise. The Company accepts no liability
whatsoever in respect of the achievement of such forward-looking statements
and assumptions.
Additional Information

     Language:    English
     Company:     SMG Hospitality SE
                  9, rue de Bitbourg
                  L-1273 Luxembourg
                  Luxembourg
     Email:       stefan@smg-holding.com
     Internet:    https://www.smg-recovery.com/
     ISIN:        LU2380749676
     WKN:         A3C8RX
     Listed:      Regulated Market in Frankfurt (General Standard)

End of Inside Information

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26-Apr-2024 CET/CEST The EQS Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
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   Language:       English
   Company:        SMG Hospitality SE
                   9 rue de Bitbourg
                   1273 Luxembourg
                   Luxemburg
   E-mail:         contact@smg-spac.com
   Internet:       http://smg-recovery.com
   ISIN:           LU2380749676, LU2380751656
   WKN:            A3C8RX
   Listed:         Regulated Market in Frankfurt (General Standard);
                   Regulated Unofficial Market in Berlin, Munich,
                   Stuttgart, Tradegate Exchange
   EQS News ID:    1891051

End of Announcement EQS News Service
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1891051 26-Apr-2024 CET/CEST