ZEAL Network SE Completes Successful Share Repurchase Offer

ZEAL Network SE has announced the completion of its public share repurchase offer as of 29 November 2024. The company successfully received tenders for 1,871,125 ZEAL shares, surpassing the initial offer volume of 568,181 shares. This outcome resulted in the offer being oversubscribed.

According to the terms, full acceptance was given for up to 100 tendered shares per declaration, with a proportional acceptance rate of approximately 28.8% for additional shares. The settlement of the repurchase is anticipated by 11 December 2024.

For further details, stakeholders can visit the ZEAL Network SE website, where information is available in both German and non-binding English translations. A point to note is that the announcement is not intended for dissemination within the United States or any jurisdiction where it may violate applicable laws.