ABEO Proposes Tender Offer for VOGO Shares

The Board of Directors of VOGO has issued a favourable opinion on ABEO's voluntary public tender offer for the VOGO shares that ABEO does not currently own. The filing was approved by ABEO's Board and submitted to the French Financial Markets Authority on 24 July 2025.

The Offer entails a mixed public tender offer with a ratio of 3 ABEO shares and €16.40 for 16 VOGO shares. Conditions for the filing included approval of share capital increase by ABEO's shareholders and a fairness report from Sorgem Evaluation.

VOGO's Board unanimously recommended the Offer, viewing it as beneficial for stakeholders. VOGO's founders, controlling 28.99% of the share capital, have committed their shares to the Offer. There is no minimum acceptance condition beyond the 50% legal threshold.