VOGO Board Approves ABEO's Tender Offer Proposal

The Board of Directors of VOGO has announced a favorable opinion regarding ABEO's proposed voluntary public tender offer for VOGO shares. The board considers the offer beneficial for VOGO, its shareholders, and employees, and recommends shareholders tender their shares. ABEO, already holding a significant stake in VOGO, aims to acquire additional shares without delisting the company.

The offer, involving a mix of stock and cash, will be filed with the French Financial Markets Authority on July 24, 2025. A ratio of 3 ABEO shares and €16.40 is offered for every 16 VOGO shares. VOGO's founders, holding a substantial share percentage, support the offer.

With necessary conditions met, the offer is under review by the AMF, ensuring compliance with regulations. Overall, the deal is deemed fair, with no intention of a squeeze-out following acquisition.