Business
Vogo : 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
Vogo : 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
About this update from Vogo Sa
[{"type":"text","content":"\n PRESS RELEASE\n \n \n Rioz and Montpellier, 23 July 2025\n \n \n \n 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 REGULATIONS\n \n \n \n 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\n \n \n \n Filing of the proposed tender offer with the French Financial Markets Authority on 24 July 2025\n \n \n \n Rioz and Montpellier, 23 July 2025\n \n \n \n The 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\").\n \n \n \n Following the satisfaction of the conditions precedent to the filing of the Offer as set out in the combination agreement between ABEO and VOGO1signed 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\").\n \n \n \n The Offer is structured as a mixed public tender offer based on the following ratio: 3 ABEO\n \n \n shares and €16.40 for 16 VOGO shares.\n \n \n \n The 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:\n \n \n 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; and\n \n \n Sorgem 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.\n \n \n \n \n 1 See press release dated June 3, 2025\n \n \n On the basis of this report and the recommendation of the Ad Hoc Committee, the Board of Directors of VOGO issued a unan...