smartphoto group – Alyrick BV announces the results of the mandatory reopening of its mandatory public takeover bid of smartphoto group NV, and reopens its takeover bid as a simplified squeeze-out bid
PRESS RELEASE – Regulated information – Inside information
Wetteren, 18 June 2025 – 08H00
smartphoto group – Euronext Brussels: SMAR
Smartphoto group NV (‘Smartphoto’ or the ‘Company’) (Euronext Brussels: SMAR) hereby announces that Alyrick BV (‘Alyrick’) today announces the results of the mandatory reopening of its mandatory public takeover bid in cash for all outstanding shares in Smartphoto not already held by Alyrick or its affiliates (the ‘Bid’).1 The mandatory reopening of the Bid commenced on 26 May 2025 and ended on 16 June 2025.
During this mandatory reopening of the Bid, 134,452 shares in Smartphoto were additionally offered in the Bid (or a total of 3.41% of the number of outstanding shares).
As a result, Alyrick will hold a total of 3,021,164 shares in Smartphoto as of the Payment Date (as defined below) (or a total of 76,64% of the number of outstanding shares).2 Accordingly, Alyrick, together with its related persons (being Alychlo NV, Cecan NV and Smartphoto), will hold 3,815,328 shares in Smartphoto as of the Payment Date, or a total of 96.79% of the number of shares outstanding.
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