smartphoto group – Alyrick BV announces the results of the initial acceptance period of its mandatory public takeover bid, and reopens its takeover bid

PRESS RELEASE – Regulated information – Inside information
Wetteren, 23 May  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 initial acceptance period 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

During the initial acceptance period, 706,665 shares in Smartphoto were offered in the Bid (or a total of 17.93% of the number of outstanding shares).

As a result, Alyrick will hold a total of 2,877,953 shares in Smartphoto (or a total of 73.01% of the number of shares outstanding) as of the Payment Date (as defined below).2 Accordingly, as of the Payment Date, Alyrick, together with its related persons (being Alychlo NV, Cecan NV and Smartphoto), will hold 3,672,117 shares in Smartphoto, or a total of 93.15% of the number of shares outstanding.

Click here to see the full press release.