Chargeurs Announces Successful Public Tender Offer by Colombus Holding

Chargeurs reported a successful public tender offer for its shares, conducted by Colombus Holding and Colombus Holding 2, as per the press release on April 4, 2024. Following the offer's reopening period, which concluded on April 3, 2024, an additional 502,456 shares were tendered. This brings the total holdings of the initiators to 16,802,818 shares, comprising 67.58% of Chargeurs' share capital post-settlement on April 9, 2024.

The company highlighted that this development reinforces its diversified holding profile and aligns with its strategy for long-term growth, maintaining its status as a publicly-listed entity. The final outcome was published by the Autorité des Marchés Financiers, marking a pivotal moment in Chargeurs' history as per CEO Michaël Fribourg. The increase in share capital underscores the group's ambitious global expansion model, targeting high value-added sectors.

Fribourg expressed satisfaction with the offer's success, viewing it as the start of a new chapter for Chargeurs. The substantial remaining free float exemplifies continued investor confidence, anticipating future value creation by the group. This strategic maneuver is projected to bolster Chargeurs' position in its respective niche markets, leveraging its substantial asset portfolio for future valuation.