Boiron announces the signature of a disposal agreement, under the terms of the exclusive agreement announced in July 2023, for the transfer of all Boiron shares held by the family concert to Boiron Développement.

This transfer, if the final conditions are met, should be followed by the filing of a proposed simplified tender offer (OPAS) for the Boiron shares and, if the conditions are met at the end of this offer, a squeeze-out.

The sale agreement sets out the principle and conditions of the transfer, by way of contribution in kind and sale, of 12,255,758 Boiron shares, representing 69.85% of the share capital and 78.06% of the theoretical voting rights, on the basis of the same price as that of the offer.

As a reminder, Boiron Développement's public stock buyback tender offer would be made at a price of €39.64 per share, less an exceptional dividend of €10.36 per share subject to approval by the AGM convened for October 16.

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