Euronext Receives Approval for Revision of its Offer on ATHEX
Euronext has received approval from the Hellenic Capital Market Commission for the revision of its share exchange offer on Hellenic Exchanges - Athens Stock Exchange.
Revision of the Initial Voluntary Public Offer
According to the press release, Euronext submitted a request to revise its initial voluntary public offer filed on July 30, 2025. The purpose of the offer is to acquire all the registered ordinary shares of Hellenic Exchanges - Athens Stock Exchange S.A. (ATHEX) that Euronext does not already own, directly or indirectly. Each ATHEX share has a nominal value of 0.42 euros. The revision of the offer now sets the minimum number of shares that must be validly tendered at 28,925,001 shares, which represents 50% plus one of the total non-suspended voting rights of ATHEX.
Approval by the Hellenic Capital Market Commission
On November 10, 2025, the board of the Hellenic Capital Market Commission approved the revision of the public offer. This approval complies with Article 21 of Law 3461/2006. It is specified that this revision does not extend the acceptance period of the initial offer, which began on October 6, 2025, and will end on November 17, 2025, at the close of banking hours in Greece.
Terms of the Public Offer Remain Unchanged
According to the company, the other terms of the public offer, as established in the information circular approved on October 3, 2025, by the Hellenic Capital Market Commission, remain unchanged. The circular was published in accordance with current legislation.