LegalNacon
Nacon Announces the Temporary Suspension of Trading in Its Shares on Euronext Paris
20 Feb 20261 pages~2 min full read
Nacon suspended trading of its shares on Euronext Paris effective February 20, 2026, following a liquidity crisis triggered by its parent company, Bigben Interactive.
Bigben Interactive defaulted on a 43 million euro bond repayment, creating direct financial contagion that threatens Nacon's operational stability.
Nacon is actively pursuing a debt restructuring plan and is evaluating formal legal procedures under commercial court supervision to ensure business continuity.
The company has suspended its liquidity contract alongside the share trading halt, with further updates expected in the coming days.
Despite the current distress, Nacon reported 167.9 million euros in revenue and 1.1 million euros in operating profit for the 2024/2025 fiscal year.
Nacon maintains a substantial operational footprint consisting of over 1,000 employees across 16 development studios and 25 subsidiaries.
Nacon has initiated a temporary suspension of trading for its shares on the Euronext Paris regulated market effective February 20, 2026. This decision follows a critical financial development involving its majority shareholder, Bigben Interactive, which recently announced an inability to proceed with a partial repayment of 43 million euros to bondholders. This default by the parent company has created a significant impact on Nacon’s own liquidity position and operational stability, necessitating immediate intervention to protect the company's interests and stakeholders.
The current financial situation requires the rapid implementation of a comprehensive debt restructuring plan with creditors to ensure the continuity of operations. Nacon is currently evaluating the use of formal legal procedures under the supervision of the commercial court to facilitate this restructuring process. In addition to the suspension of share trading, the company has also suspended its liquidity contract. These measures are intended to remain in place until a further update is provided, which is expected within the coming days.
Despite these immediate financial challenges, Nacon remains a significant entity in the AA video game publishing and peripherals market, reporting 167.9 million euros in revenue and 1.1 million euros in operating profit for the 2024/2025 fiscal year. The company maintains a global workforce of over 1,000 employees across 16 development studios and 25 subsidiaries. This suspension marks a pivotal moment for the organization as it seeks to stabilize its balance sheet and navigate the contagion effects of its majority shareholder’s financial distress.
