Webdyn S.A. to launch a mandatory simplified public purchase offer to acquire the remaining 46.78% stake in Adeunis Société anonyme (ENXTPA:ALARF) for approximately ?0.5 million on December 5, 2023. The price envisaged for the takeover bid is set at a fixed level of ?0.399 per share. Furthermore, the simplified public purchase offer will also target a BSA in circulation, the price of which is currently being evaluated, making it possible to subscribe to a number of shares representing 3.09% of the capital of Adeunis at a price per share very significantly higher than the price of the public purchase offer. Webdyn intends to implement a squeeze-out following the public offer in the event that the minority shareholders of the Company who have not tendered their shares to the offer represent less than 10% of the capital and of Adeunis' voting rights. The submission of the draft offer should take place in the first quarter of 2024. As of April 9, 2024, Adeunis has been informed of the decision of the company Webdyn to increase the unit price of the shares proposed as part of the proposed Offer from ?0.399 to a final price of ?0.45 per share. The submission of the draft Offer with these new terms should now take place by the end of April or early May 2024. As part of the Offer, the Board of Directors of Adeunis must deliver its reasoned opinion on the merits of the improved Offer and its consequences for the Company , its shareholders and its employees. This reasoned opinion will be rendered on the basis of the report drawn up by the independent expert and will be reproduced in the draft response note prepared by Adeunis. Subsequently, the Board of Directors of Adeunis at its meeting of April 8, 2024 also decided on the principle and terms of an increase in the share capital of Adeunis. This capital increase would be carried out while maintaining shareholders' preferential subscription rights (DPS), at the Offer Price ?0.45 per new share. Webdyn has announced its intention to subscribe on an irreducible basis up to its share in the capital of the Company (53.22%) by offsetting its current account advance claim on the Company in the amount of ?0.7 million. The capital increase would also be 100% guaranteed by Webdyn to ensure its success. Completion of the Offer is subject to the Financial Markets Authority's (AMF) declaration of conformity. The listing of the Adeunis share on Euronext Growth, which had been suspended at the request of the Company, will resume on Wednesday April 10, 2024 at the opening.

Xavier Paper of Paper Audit & Associé acted as Fairness opinion provider to Adeunis.