Announcement of the completion of exercising the redemption right
IDEAL HOLDINGS S.A. (the “Company”) following its announcement of 13.10.2022, informs that on 04.11.2022 the process of exercising the redemption right of the shares of the remaining shareholders of the company “BYTE COMPUTER S.A.” (the “BYTE”), following the approval of the Board of Directors of the HCMC, numbered 17/967/11.10.2022.
Through this process, the Company acquired 422,758 common, registered, voting shares of the company BYTE, with a consideration equal to the Offered Consideration of the Voluntary Tender Offer or, at the option of the recipient, equal to the Cash Consideration, as these concepts are specified in from 04.08.2022 Information Bulletin of the Company.
Accordingly, IDEAL HOLDINGS A.E. currently owns a total of 100% of the shares and voting rights of the company "BYTE COMPUTER INDUSTRIAL AND COMMERCIAL COMPANY LIMITED".