TA's Takeover Offer for Nexus AG: Acceptance Period Begins

The acceptance period for TA Associates' voluntary public takeover offer for Nexus AG has commenced, offering shareholders EUR 70.00 per share. This represents a 44.2% premium compared to the Nexus closing share price on November 4, 2024, and a 35.3% premium over the three-month volume-weighted average price leading up to that date. This offer values Nexus at approximately EUR 1.21 billion.

The acceptance period ends on December 17, 2024. The offer's acceptance threshold stands at 50% plus one share, contingent on regulatory approvals. TA, holding 26.9% of Nexus already, aims for a successful outcome to delist Nexus from the stock market by the first quarter of 2025.

The Nexus Management and Supervisory Boards support the bid, anticipating strategic growth in the e-health sector away from the stock market. The offer document and further details are accessible via www.neptune-public-offer.com.