The AMF announces that the public buyout offer for Groupe Flo shares, filed by BNP Paribas on behalf of Bertrand Invest, will be open from January 12 to 25, 2023 inclusive.

The offeror irrevocably undertakes to acquire all the shares not held directly or indirectly by Olivier Bertrand, i.e. 616,550 shares, representing 8.06% of the share capital and 4.81% of the voting rights, at a unit price of 21 euros.

Negotiation costs in connection with the public buyout offer will be borne by the sellers. As the offeror already meets the conditions for a squeeze-out, it has asked the AMF to proceed with the squeeze-out as soon as the offer closes.

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