Galenika Planning Squeeze-out – Price per Share EUR 28.14

Galenika a.d. is preparing for a mandatory buyout (squeeze-out) of more than 137,000 shares, at the price of EUR 28.14 per share, according to the proposal of the Decision on the Mandatory Buyout of Shares.

The decision is on the agenda of the regular Galenika GM scheduled for July 30.

The squeeze-out would pertain to 137,137 of regular shares of Galenika, with a payment of RSD 3,308 per share, cited as the estimated fair value.

The majority owner of Galenika is AELISUS S.A.R.L, headquartered in Luxembourg.

They own 94.97% of the shares, which is more than 2.59 million shares of Galenika.

Other items on the agenda are the financial report and the reports on business operations for 2019, the reaching of the decision on the distribution of profit and amendments to the statute.

Galenika a.d. Beograd

Galenika ad Zemun

AELISUS SARL Luxembourg

squeeze out

mandatory buyout of shares