Contribution to Kenerzeo of Kenercy’s entire participation and acquisition of Danske Bank Asset Management’s participation in Groupe Berkem’s share capital in view of a simplified tender offer project
Groupe Berkem, a leading player in bio-based chemistry (ISIN code: FR00140069V2 – ticker: ALKEM), following the Company’s publication on July 18, 2024, announces:
The final completion of the contribution-in-kind by Kenercy of 100% of its Groupe Berkem shares to Kenerzeo;
In accordance with the reciprocal purchase and sale agreements signed on July 17, 2024, the off-market cash sale by Danske Bank Asset Management of 1,322,931 Groupe Berkem shares, representing 7.46% of Groupe Berkem’s share capital, at a price of €3.10 per share, to Kenerzeo. Settlement-delivery of the shares sold in cash will take place no later than August 2, 2024 ;
The issue by Kenerzeo of the first tranches of convertible bonds subscribed by funds managed by Eurazeo for an initial amount of 10.5 million euros and the entry into force of a shareholders’ agreement between Kenercy and Eurazeo.