Brief: Xenon Reaches 20.7% of Eles At End Of Offer Acceptance Period, Renounces Mininum Threshold Condition

Mare Engineering SpA

02/03/2026 06:33

March 2 (Reuters) - Eles Semiconductor Equipment SpA ELES.MI on behalf of EBidCo SRL:

SAID ON MONDAY IT HAD PROVISIONALLY REACHED 20.771% OF ELES' ORDINARY SHARES AT END OF OFFER ACCEPTANCE PERIOD, 19.620% OF VOTING RIGHTS

OFFER THRESHOLD NOT MET, OFFEROR RENOUNCES TO THRESHOLD CONDITION

FINAL RESULTS, OFFER EFFECTIVENESS, EVENTUAL RENUNCIATION TO REMAINING OFFER EFFECTIVENESS CONDITIONS TO BE ANNOUNCED BY MARCH 5

OFFER ACCEPTANCE PERIOD MAY BE REOPENED FROM MARCH 9

 Further company coverage: ELES.MI

 (Gdansk Newsroom)

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