on Project Neptune Bidco GmbH
Project Neptune Bidco's Final Offer for Nexus AG Shares Nears Expiry
Project Neptune Bidco GmbH, a holding company influenced by TA Associates, has reaffirmed its best and final offer for Nexus AG shares. The offer, priced at EUR 70 per share, includes a minimum acceptance threshold of 50% plus one share. The initial acceptance period concludes on December 17, 2024, at midnight, Frankfurt local time.
This bid represents a 44.2% premium compared to Nexus's closing price on November 4, 2024. As of December 11, approximately 37.05% of Nexus shares have accepted the offer. The bid will fail if the necessary threshold isn't met before the deadline. Shareholders are encouraged to declare acceptance through their custodians.
Further details and steps for acceptance are outlined in the offer document available at www.neptune-public-offer.com. Project Neptune Bidco advises shareholders to act promptly to benefit from this premium offer.
R. H.
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