REGULATED INFORMATION - Roularta Media Group acquires Shopinvest NV’s shares

01 October 2024

REGULATED INFORMATION - REPURCHASE OF OWN SHARES

Roularta Media Group acquires Shopinvest NV’s shares

In accordance with article 8:4 of the Royal Decree of 29 April 2019 implementing the Code on Companies and Associations, Roularta Media Group announces the following information:

On Friday 27 September 2024 Roularta Media Group (RMG) reached an agreement on the acquisition of the Belgian family holding company Shopinvest NV’s shares in RMG by means of an over-the-counter transaction.  

Shopinvest has been a loyal shareholder in Roularta Media Group NV for many years, with a 1.9 % shareholding.

Based on the agreement reached, RMG acquires a package of 265,237 shares in Roularta from Shopinvest NV, at the price of € 9.1125 per share. This price per share is lower than the highest independent bid, as recorded in the central order book at Euronext Brussels on Friday 27 September 2024.

Following this transaction, RMG holds 1,611,984 of its own shares in its portfolio, representing 11.57% of the capital.

RMG does not have the intention to retain these shares in its own business. At the appropriate time, this package of shares will be reduced to increase the free float and liquidity of the shares.