DGAP-News: Joh. Berenberg, Gossler & Co. KG
/ Key word(s): Disposal
Alychlo has successfully completed the sale of shares in Fagron
27.05.2021 / 08:00
The issuer is solely responsible for the content of this announcement.
NOT FOR DISTRIBUTION IN OR INTO THE UNITED STATES OR IN OR INTO AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH DISTRIBUTION WOULD BE PROHIBITED BY APPLICABLE LAW.
Merelbeke, Belgium - 27 May 2021
Alychlo NV ("Alychlo") announces the successful completion of the sale of 3.6 million existing ordinary shares (the "Shares") of Fagron NV ("Fagron" or the "Company"), corresponding to total proceeds of c. €65 million, by means of a private placement via an accelerated bookbuild offering ("Private Placement"), that was launched yesterday. This represents c. 5.0% of Fagron's current outstanding share capital. The Shares have been placed at a price of €18.10 per share. Following the Private Placement, Alychlo, will hold approximately 5.0% of Fagron's current outstanding share capital and will hereby remain a fully committed and significant long term shareholder of the Company.