Brief: Believe’S Majority Shareholder, Upbeat Bidco To File Public Buy-Out Offer On Shares It Doesn't Hold

Believe SA

16/04/2025 06:12

April 16 (Reuters) - Believe SA BLV.PA:

BELIEVE’S MAJORITY SHAREHOLDER, UPBEAT BIDCO, ANNOUNCES ITS INTENTION TO FILE A PUBLIC BUY-OUT OFFER, FOLLOWED BY A SQUEEZE-OUT, ON THE SHARES IT DOES NOT HOLD.

UPBEAT BIDCO TO FILE PUBLIC BUY-OUT OFFER FOR BELIEVE SHARES

OFFER AT 15.30 EUROS PER SHARE WITH PREMIUMS UP TO 7.5%

UPBEAT BIDCO HOLDS 96.65% OF BELIEVE SHARE CAPITAL, 95.42% VOTING RIGHTS

OFFER TO BE FILED WITH AMF, EXPECTED TO OPEN IN Q2 2025

UPBEAT BIDCO TO IMPLEMENT SQUEEZE-OUT AFTER OFFER CLOSURE

Source text: ID:nNDLqTLJC

Further company coverage: BLV.PA

 (Gdansk Newsroom)

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