(Finance) – With reference to the voluntary public purchase and exchange offer (OPAS) promoted by Fnac Darty and RUBY Equity Investment on Unieuroa company listed on Euronext STAR Milan and active in the distribution of consumer electronics and household appliances in Italy, the bidders have communicated that during the acceptance period (which ended today) brought into membership a total of 13,990,650 shares, representing the 67.1% of the share capital and 70.2% of the shares subject to the offer.
The bidders thus they come to detain a total of 14,904,062 Unieuro ordinary shares, equal to 71.5% of the share capital.
Due to the communication of the fulfillment of the Minimum Threshold Condition, the Reopening of the Terms for 5 days open stock exchange for the sessions of 4 November, 5 November, 6 November, 7 November and 8 November 2024.
“We are very pleased to announce that we have received the support of the large majority of Unieuro shareholders (71.5% of Unieuro’s share capital) for our acquisition project, exceeding the minimum threshold we had set – he commented Enrique Martinez, CEO by Fnac Darty – We are convinced that this operation will create added value for everyone our shareholders and partners. A further period to accept the Offer is expected to open between 4 and 8 November, which will give other shareholders the opportunity to tender their shares to the Offer. We are very excited and look forward to working with the Unieuro team as soon as the authorizations required by law are obtained.”