on Allterco JSCo (isin : BG1100003166)
Shelly Group SE Endorses Schneider Electric's Tender Offer
On October 5, 2026, Shelly Group SE's Board of Directors expressed a positive stance on Schneider Electric SE's voluntary public tender offer. The offer is priced at EUR 70.00 per share through SE 2026 A SAS, Schneider Electric's subsidiary. Registration with the Bulgarian Financial Supervision Commission (FSC) occurred on September 28, 2026, awaiting approval.
The board supports the offer, referencing an Investment Agreement from September 24, 2026, covering strategic plans for management, geographic presence, employment, trademarks, and potential delisting. A fairness opinion by Freitag & Co. GmbH supports the offer's financial fairness.
Approval by the FSC is pending, with the acceptance period beginning post-approval and publication of the offer. Further updates will be accessible on Shelly Group's corporate website.
R. E.
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