Encavis AG Signs Delisting Agreement with KKR

Encavis AG has announced a significant move by signing a delisting agreement with KKR. This agreement involves a delisting offer at EUR 17.50 per share, targeting all remaining shares not held by KKR. Currently, KKR's BidCo possesses 87.73% of Encavis shares. The agreement initiates applications for the revocation of Encavis shares from regulated market trading. Management and supervisory boards support this delisting move, aligning with legal obligations to suggest shareholders accept the offer.

Provisions within the agreement aim to secure the financial future of Encavis post-delisting. Once delisting is complete, Encavis shares will no longer trade on regulated markets. This strategic decision forms part of a broader plan to safeguard Encavis Group's interests.