Greenyard completes squeeze-out and delists

Greenyard NV and Garden S.à r.l. have announced the results of the acceptance period for the simplified squeeze-out bid to acquire the remaining Greenyard shares not yet held by the Offeror following its previous takeover bid.

The acceptance period for the squeeze-out ran from 14 August 2025 to 4 September 2025. During this time, 1,362,295 additional shares were tendered, representing 2.64% of the total outstanding shares.

By operation of law, all shares not tendered during the period have also been transferred to the Offeror, which now owns 100% of Greenyard. Payment of the offer price of €7.40 per share for those tendered during the acceptance period will be made today, 5 September 2025. Funds to cover the non-tendered shares have been deposited with the Bank for Official Deposits (Deposito-en Consignatiekas). Shareholders who did not tender their shares may obtain payment through the Bank for Official Deposits.

At the close of trading on 4 September 2025, all Greenyard shares were automatically delisted from Euronext Brussels. The company will continue its activities as a privately held fruit and vegetable operator.