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ABEO Announces Public Offer for VOGO Shares

Stock price chart of VOGO (EPA:ALVGO) showing fluctuations.

ABEO proposes a voluntary public offer for additional VOGO shares. ABEO currently holds 22.42% of VOGO's share capital. The offer excludes a squeeze-out. The exchange proposes 3 ABEO shares and €16.40 for 16 VOGO shares.

VOGO's board welcomes the proposal, pending a detailed opinion. The announcement follows years of partnership that started with strategic collaboration in 2019. VOGO's founders, holding 28.99% of the company, support the offer.

ABEO seeks to leverage VOGO’s digital expertise in sports technology while maintaining VOGO’s operational independence.

The offer structure is a mixed public offer, and financial terms are clarified post-dividend. The public offer awaits regulatory acceptance and is not dependent on financing conditions.

R. H.

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