Fnac Darty: EP Group takes control with 69.3% of the share capital, offer reopened

40.9% of the share capital tendered during the initial period

On November 10, 2026, the Autorité des marchés financiers published the results of the public tender offer filed by EP FR HOLDCo, a company controlled by EP Group, for the shares and OCEANEs of Fnac Darty. Open from May 12 to November 9, 2026 inclusive, the offer received 12,131,427 shares and 525,798 OCEANEs.

The tendered shares represent 40.9% of the share capital. Taking into account the 28.5% already held by its affiliate VESA, EP Group holds 20,577,477 shares, or 69.3% of the share capital and theoretical voting rights, based on the number of shares outstanding as of October 31, 2026.

This result follows the approval of the transaction by Brussels, presented on October 20, 2026 as the last expected authorization before the closing of the initial period.

Reopening from November 12 to 25, no squeeze-out

The offer will be reopened from November 12 to 25, 2026 inclusive, at an unchanged price of €35 per share, after the payment on June 5, 2026 of a dividend of €1.0 for fiscal year 2025, and of €81.16 per OCEANE.

EP Group has stated that it does not intend to request the implementation of a squeeze-out at the end of this reopening, even though the conditions for one would be met.

Enrique Martinez, Chief Executive Officer of Fnac Darty, recalled that the offer had been “unanimously recommended by our Board of Directors” and welcomed “the broad support expressed by shareholders for the EP Group project”.

Daniel Křetínský, Chairman of EP Group, stated: “Becoming the controlling shareholder of Fnac Darty marks an important milestone in our long-term investment in the company.” He said he is committed to “supporting its continued development” alongside the team led by Enrique Martinez.