TERA Group Appoints Independent Expert for Its Public Share Buyback Offer
TERA Group has appointed Oderis Consulting to assess the financial terms of its share buyback plan, according to a company press release.
Appointment of Independent Expert
TERA Group announced the appointment of Oderis Consulting, represented by Matthieu Bullion, as the independent expert to evaluate the financial conditions of its public share buyback offer (OPRA). This decision follows the inability to form an ad hoc committee within the board of directors. The French Financial Markets Authority (AMF) has not raised any objections to this appointment, in accordance with current regulations.
Details of the Buyback Offer
The OPRA, valued at 13 million euros at a price of 6.50 euros per share, is currently being prepared. TERA Group plans to publish a report from the independent expert, including a fairness opinion. The board of directors will issue a reasoned opinion on the impact of this operation for the company, its shareholders, and its employees, after reviewing this report.
Company Profile
Founded in 2001, TERA Group specializes in measuring and valuing air quality, employing 107 people by the end of 2024. The company focuses on the analysis of chemical pollutants, the design of sensors, and a digital offering to process air quality data. The results for the first half of 2025 will be published on October 30, 2025, after market close.
