UOKiK President’s Consent Obtained to Concentration Involving Issuer’s Acquisition of 100% of Shares in Share Capital of Polish Subsidiaries of Nexity S.A., Based in Paris
Legal basis: Article 17(1) of MAR - inside information
With reference to Current Report No. 25/2023 of 01 June 2023, the Management Board of Develia S.A. (the “Issuer”) inform that on 13 July 2023 the President of the Polish Office of Competition and Consumer Protection (“UOKiK”) granted unconditional consent to concentration that involves the Issuer’s acquisition of 100% of shares in share capital of 19 Polish private limited companies, being subsidiaries of Nexity S.A., based in Paris, (the “Seller”): (i) Nexity Polska sp. z o.o., (ii) Nexity Polska 303 sp. z o.o., (iii) NP7 sp. z o.o., (iv) NP 8 sp. z o.o., (v) NP 9 sp. z o.o., (vi) NP 10 sp. z o.o., (vii) NP 15 sp. z o.o., (viii) NP 16 sp. z o.o. (ix) NP 11 sp. z o.o., (x) NP 12 sp. z o.o., (xi) NP 14 sp. z o.o., (xii) NP 17 sp. z o.o., (xiii) NP 18 sp. z o.o., (xiv) NP 19 sp. z o.o., (xv) NP 20 sp. z o.o., (xvi) NP 21 sp. z o.o., (xvii) NP 22 sp. z o.o., (xviii) NP 23 sp. z o.o. and (xix) NP 24 sp. z o.o., all based in Warsaw.
Accordingly, the Issuer inform about fulfilling the only condition precedent set out in a preliminary sale and purchase agreement made with the Seller on 01 June 2023.
The Issuer will give information regarding further transaction-related activities in subsequent current reports.
This report has been published due to the fact that the event in question is of relevance to the Issuer’s business.
According to the Management Board of the Issuer, the information contained in this report constitutes inside information within the meaning of Article 7 of the MAR.
Legal basis: Article 17(1) in conjunction with Article 7(1a), (2), (3) and (4) of the Regulation of the European Parliament and of the Council (EU) No. 596/2014 of 16 April 2014 on market abuse (the Market Abuse Regulation) repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC (the “MAR”) in conjunction with Article 2 and 3 of the Commission Implementing Regulation (EU) 2016/1055 of 29 June 2016 laying down implementing technical standards with regard to the technical means for appropriate public disclosure of inside information and for delaying the public disclosure of inside information in accordance with Regulation (EU) No. 596/2014 of the European Parliament and of the Council.