On Friday, the Hellenic Capital Market Commission approved the information sheet of Epsilon Net for the mandatory public offer of all its shares for €12 per share.

According to the announcement, Ginger Digital already controls 78.38% of the listed company's shares.
The period during which the accepting shareholders may accept the public offer by submitting a written declaration of acceptance to their participant or intermediary, through which they hold in the S.A.T. their offer shares, will last for a total of five weeks, starting on July 1, 2024, at 08:00 a.m. (Greek time) and ending on August 2, 2024, at the end of the opening hours of the banks operating in Greece.

After the end of the acceptance period and provided that at least 90% of the shares have been accumulated, the proposer will exercise the squeeze-out right and proceed to the deletion of the shares from the stock exchange board.