Artnet AG Endorses Takeover Offer by Leonardo Art Holdings

On July 22, 2025, artnet AG's management and supervisory boards released a joint statement recommending the acceptance of a takeover and delisting offer by Leonardo Art Holdings GmbH. The offer includes a price of EUR 11.25 per share, considered adequate by both boards.

The endorsement follows a thorough evaluation and aligns with the strategic interests of artnet and its stakeholders. The proposed delisting aims to reduce costs associated with stock market listing and regulatory requirements, boosting artnet's strategic growth outside public market constraints.

Leonardo Art Holdings, advised by Beowolff Capital, seeks to establish a stable, long-term ownership structure. The offer period runs until August 5, 2025. Shareholders are urged to consult their banks to proceed with the offer.