Vinted UAB made a tender offer to acquire Rebelle AB (publ) (OM : BELLE) from a group of sellers and others for approximately SEK 320 million on July 25, 2022. Vinted offered to pay SEK 14.1 cash per share. The consideration will be financed by funds which Vinted Limited has undertaken to contribute directly to Vinted, with immediately available cash on hand. Vinted currently doesn't plan to make any material changes with regard to Rebelle's operational sites, its management and employees, including their terms of employment.

CS Beteiligungsgesellschaft mbH, Friheden Invest A/S, Deutsche Balaton AG, North-East Venture ApS, Style Beteiligungs GmbH & Co. KG, Stiftelsen Facilitator, High-Tech Gründerfonds II GmbH & Co. KG, HV Growth Fund GmbH & Co. KG, SCG Beteiligungs UG, Hanse Ventures Investment Pool I GmbH & Co. KG, Max Schönemann, Hanse Ventures BSJ GmbH, Alexander Eulenburg and Skandia Fonder, together holding 14,464,007 shares in Rebelle, corresponding to approximately 64.70% stake, have irrevocably undertaken to accept the offer, irrespective of whether or not a higher competing offer is announced. A bid committee, consisting of board members Claire Midwood and Mernosh Saatchi, has been appointed by the board of directors of Rebelle. The independent bid committee of Rebelle unanimously recommends that Rebelle's shareholders accept the offer. The offer is conditional upon the acceptance of more than 90% stake, receipt of all necessary regulatory, governmental or similar clearances, approvals, decisions and other actions from authorities or similar. The transaction is subject to compulsory redemption proceedings upon acquisition of more than 90% stake in Rebelle. The offer is expected to commence on or about July 26, 2022 and expire on or about August 19, 2022. The closing of the offer is expected to take place on August 25, 2022. As on August 22, 2022, 96.7% of the shares have been tendered with all conditions for completion of the Offer have been fulfilled. To provide the remaining shareholders of Rebelle who have not tendered their shares with time to accept the Offer, the acceptance period will be extended until September 2, 2022.

Vator Securities acted as financial advisor and Gernandt & Danielsson Advokatbyrå acted as legal advisor, Stephan Schulz of Noerr Partnerschaftsgesellschaft has advised with respect to German law and Jon Walberg and Stefan Torstensson of Öhrlings PricewaterhouseCoopers AB provided fairness opinion to Bid Committee of Rebelle. Carnegie Investment Bank AB (publ) is acting as financial advisor to Vinted and Jens Bengtsson, Leo Lee, Ola Sandersson and Christoffer Benninge of Roschier Advokatbyrå AB is acting as legal advisor to Vinted in connection with the offer. Lucina Berger and Henrik Bockenheimer of Hengeler Mueller Partnerschaft von Rechtsanwälten mbB acted as legal advisor to Vinted UAB.