Balyo: Outcome of SoftBank's Mandatory Buyout Offer

Natixis has informed the AMF that during the mandatory buyout offer (OPR) for Balyo shares, Silver Band 4 (US) Corp acquired 4,378,418 shares at a price of 0.60 EUR per share through its designated buying broker.

Consequently, at the close of the offer, which ran from March 23 to April 7 inclusive, the offeror holds 156,965,708 Balyo shares, representing 93.90% of the capital and 93.91% of the voting rights. The suspension of trading in the shares remains in effect until further notice.

As a reminder, Silver Band 4 (US) Corp, a company controlled by the Japanese group SoftBank, filed its proposed buyout offer for the robotic material handling truck company with the AMF last December.

It was specified at the time that Silver Band 4 (US) Corp, which already met the ownership requirements for a squeeze-out, had requested the AMF to proceed with the mandatory squeeze-out immediately following the closing of the buyout offer.