on Niiio Finance Group AG (isin : DE000A2G8332)
Neptune BidCo AG to Submit Voluntary Public Purchase Offer to Niiio Finance Group AG Shareholders
On August 26, 2024, niiio finance group AG announced that its majority shareholder, Neptune BidCo AG, intends to submit a voluntary public purchase offer for the company's shares. Neptune BidCo, seated in Frankfurt am Main, aims to acquire up to 2,000,000 shares at EUR 0.75 per share.
The offer, which is not subject to the provisions of the German Takeover Act (WpÜG), will have an initial acceptance period of one month, expected to begin in September 2024. Neptune BidCo has secured initial financing for this offer and may extend the offer or include additional shares, subject to further financing.
Niiio finance group AG’s Executive Board, represented by Heribert Steuer and Christian Ropel, can be contacted for further information at ir@niiio.finance.
R. H.
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