on Artnet AG (ETR:ART)
Leonardo Art Holdings GmbH Proposes Squeeze-Out for artnet AG Minority Shareholders
Leonardo Art Holdings GmbH has formally submitted a squeeze-out request to the management of artnet AG, targeting the shares owned by minority shareholders. The proposed compensation for this transfer is set at EUR 11.16 per share. This decision aligns with Sections 327a et seq. of the German Stock Corporation Act.
The main shareholder, holding approximately 95.42% of artnet AG's share capital post-takeover and delisting efforts, confirmed the compensation adequacy. This valuation was verified by the court-appointed expert auditor.
An extraordinary general meeting is scheduled for November 20, 2025, in Berlin, where the squeeze-out resolution will be voted upon. If passed and registered, all minority shares will be transferred to Leonardo Art Holdings.
R. E.
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