EssilorLuxottica (the offeror) and GrandVision jointly announced that, as the offeror holds more than 95% of the issued and outstanding shares of GrandVision, Euronext has approved the delisting of the shares from Euronext Amsterdam. This is learned in a note from the Italian-French group in which it is specified that in agreement with Euronext, it was decided that the delisting will take place on 10 January and the last day of trading of the shares will therefore be 7 January.
The post-accession period started on 7 December 2021 and will end on 20 December 2021 at 5.40pm. In particular, the offeror will publicly announce the results of the post-accession period as well as the total amount and the total percentage of shares from the same. “During the post-accession period, shareholders are not entitled to withdraw the shares brought by the offer, regardless of whether the shares were tendered during the subscription period or during the post-accession period”, states a statement. .