Exmar's CEO and Managing Director, Nicolas Saverys, has launched a new takeover bid for the Antwerp-based gas tanker company through his holding company Saverex.
This was announced by both parties on Wednesday.
The acceptance period runs until 13 March.
Saverex had already made a takeover bid for Exmar in 2023, gaining control of over 80% of the shares. This new bid aims to completely delist the company from the stock exchange.
Saverex is offering €11.50 per share, but that amount will be reduced by any distributions to shareholders, such as dividends, made before the offer’s payment date.
“The board of directors unanimously supports the bid and recommends that shareholders accept the offer,” Exmar stated in a release.
The results will be announced on 20 March.
