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Ginger Digital exercised its acquisition right | TheGreekDeal.com
EPSILON NET GROUP
Ginger Digital exercised its acquisition right
Ginger Digital Bidco submitted an application to the Hellenic Capital Market Commission for the exercise of the right to acquire the common, registered, voting shares of Epsilon Net on August 20.
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Yiannis Michos, CEO Epsilon Net

Ginger Digital Bidco submitted an application to the Hellenic Capital Market Commission for the exercise of the right to acquire the common, registered, voting shares of Epsilon Net on August 20.

In particular, the request said that the over-the-counter (OTC) transfer of the common, registered voting shares of Epsilon Net that were legally and validly offered to Ginger Digital Bidco during the time that its mandatory public offer of April 25, 2024, was accepted. This transfer took place on August 7, 2024.

Thereafter, as of August 19, 2024, Ginger Digital Bidco and the persons acting in concert with it held an aggregate of 53,184,511 common, registered, voting shares of the company, representing approximately 98.13% of the total paid-up share capital and voting rights of the company. 

Between August 3, 2024, and August 19, 2024, the promoter has further acquired 1,361,940 shares of the company, representing approximately 2.5% of the total paid-up share capital and voting rights of the company, from shareholders of the company who have exercised the exit rights provided for in Section 28 of the Act.

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