Jolt Capital Targeted Opportunities Fund, Ambrosia Investments Limited and Jolt Capital SAS proposed public withdrawal offer to acquire an remaining 10.92% stake in Alpha MOS S.A. for ?1.4 million.

Jolt Capital Targeted Opportunities Fund, Ambrosia Investments Limited and Jolt Capital SAS proposed public withdrawal offer to acquire an remaining 10.92% stake in Alpha MOS S.A. (ENXTPA:ALNEO) for ?1.4 million on October 18, 2024. A cash consideration valued at ?0.5 per share will be paid by Jolt Capital Targeted Opportunities Fund, Ambrosia Investments Limited and Jolt Capital SAS. The OPR will be open for a period of 10 trading days with the aim of providing liquidity to the Company's minority shareholders and, if the conditions are met, of delisting the Company in order to reduce the cost constraints associated with listing.

The Offer does not cover shares that could result from the exercise of stock options that have been the subject of a non-exercise commitment by their holders until the later of the following two dates: the result of the OPR or the possible implementation of the mandatory squeeze-out. In addition, the Offer does not cover bonds convertible into shares issued by the Company (the " OCA "), the sole holder of the OCA having undertaken not to tender these securities to the Offer or request their conversion until the later of the following two dates: the result of the OPR or the possible implementation of the mandatory squeeze-out. Thomas Hachette of Sorgem Evaluation acted as fairness opinion provider for Alpha MOS.