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Deprez and Solum launch €7.40 Greenyard bid

Greenyard has announced that the Deprez Group and Solum Partners ("Solum"), through their entity Garden S.à r.l. (the "Offeror"), have launched a voluntary and conditional takeover bid for all outstanding shares in Greenyard not currently held by the Offeror or its affiliates.

This move, originally announced on 11 April 2025, will see the initial acceptance period for the offer begin on 23 June 2025 at 9:00 a.m. CEST and close on 14 July 2025 at 4:00 p.m. CEST. The offer is priced at EUR 7.40 per share.

The Board of Directors of Greenyard has unanimously decided to support the offer. The Board's detailed position is included in the response memorandum, which is annexed to the official prospectus for the bid. Both the prospectus and the response memorandum were approved by the Financial Services and Markets Authority (FSMA) on 20 June 2025.

Key shareholders Alychlo, Sujajo Investments SA, Mr. Joris Ide, Agri Investment Fund BV, and Mr. Marc Ooms (through family holding companies), who together hold 15,476,582 shares—representing approximately 51.99% of the shares subject to the bid—have committed to tender their shares, provided no valid counterbid occurs.

The FSMA's approval of the prospectus and response memorandum does not imply any assessment of the bid's merits or the quality of the bidder. Further information regarding the offer and related documentation is available on Greenyard's investor relations webpage.

For more information:
Cedric Pauwels
Greenyard
Tel: +32 15 32 42 00
Email: [email protected]
www.greenyard.group

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