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Abeo Sa : Favourable reasoned opinion of the Board of Directors of VOGO on the proposed voluntary public tender offer by ABEO for VOGO shares and approval of the filing of the Offer by the Board of Directors of ABEO
Abeo Sa : Favourable reasoned opinion of the Board of Directors of VOGO on the proposed voluntary public tender offer by ABEO for VOGO shares and approval of
About this update from Abeo Sa
[{"type":"text","content":"THE DISTRIBUTION, PUBLICATION OR DISSEMINATION OF THIS PRESS RELEASE, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IS NOT PERMITTED IN THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN OR IN ANY OTHER COUNTRY WHERE SUCH COMMUNICATION WOULD BE IN VIOLATION OF APPLICABLE REGULATIONSFavourable reasoned opinion of the Board of Directors of VOGO on the proposed voluntary public tender offer by ABEO for VOGO shares and approval of the filing of the Offer by the Board of Directors of ABEOFiling of the proposed tender offer with the French Financial Markets Authority on 24 July 2025Rioz and Montpellier, 23 July 2025The Board of Directors of VOGO (ISIN: FR0011532225 - ALVGO) has issued a favourable reasoned opinion on the proposed voluntary public tender offer by ABEO (ISIN: FR0013185857 – ABEO) for the VOGO shares not held by ABEO, with no intention of delisting VOGO (the “Offer”).Following the satisfaction of the conditions precedent to the filing of the Offer as set out in the combination agreement between ABEO and VOGO[1] signed on 3 June 2025, the Board of Directors of ABEO today approved the filing of the Offer and of the draft offer document with the French Financial Markets Authority (the “AMF”).The Offer is structured as a mixed public tender offer based on the following ratio: 3 ABEO shares and €16.40 for 16 VOGO shares.\nThe two conditions precedent to the filing of the Offer, as set forth in the combination agreement and announced on 3 June 2025, have been satisfied:the ABEO annual shareholders' meeting held on 15 July 2025 approved the nineteenth resolution delegating to the Board of Directors the power to carry out a share capital increase through the issuance of new ABEO ordinary shares to remunerate the contributions made under the Offer; andSorgem Evaluation, appointed as independent expert by the Board of Directors of VOGO upon the recommendation of the Ad Hoc Committee, issued a report on 21 July 2025 concluding that the financial terms of the Offer are fair.\nOn the basis of this report and the recommendation of the Ad Hoc Committee, the Board of Directors of VOGO issued a unanimous[2] favourable opinion on the Offer on 22 July 2025, considering that the Offer is in the interests of VOGO, its shareholders and its employees. Consequently, the Board of Directors recommends that VOGO shareholders tender th...