Media 6: Vasco Initiates Mandatory Buyout at €9.89 Following the Public Tender Offer
Vasco SAS is proceeding with the mandatory buyout of Media 6 shares not tendered during the public offer, which took place from May 25 to June 5, 2026, allowing the group to secure 97.90% of the capital.
Ownership: 97.90% of the Capital and 93.46% of Voting Rights
Following the public tender offer initiated by Vasco SAS along with six members of the Vasseur family, the group now holds 2,576,097 Media 6 shares, representing 97.90% of the capital and 93.46% of the theoretical voting rights. The offer occurred from May 25 to June 5, 2026, and received the declaration of compliance from the AMF on May 21, 2026.
Mandatory Buyout Affects 55,153 Shares
The mandatory buyout will cover 55,153 Media 6 shares not tendered by minority shareholders and not held by the initiator at the close of the offer (excluding 228,251 shares held by Media 6 itself), representing 2.10% of the capital and 6.54% of the theoretical voting rights. The compensation amount will be equal to the offer price, i.e., €9.89 per share.
Mandatory Buyout on June 23 with Delisting to Follow
The mandatory buyout will be implemented on June 23, 2026. The trading of Media 6 shares will not resume prior to this date and will result in the delisting of the shares from the regulated market of Euronext Paris. The total compensation amount will be paid by Vasco SAS into an account opened with CIC CIB, the centralizing body of the operations. Unallocated funds will be held for ten years and then transferred to the Caisse des dépôts et consignations upon the expiration of this period.
