07.10.21 Corporate

EssilorLuxottica launches recommended mandatory public offer for GrandVision shares

Charenton-le-Pont, France and Schiphol, The Netherlands (October 7, 2021 – 8:30pm CEST) -

With reference to the press release by EssilorLuxottica S.A. (the “Offeror”) of 1 July 2021 announcing the completion of the acquisition by the Offeror of a 76.72% ownership interest in GrandVision N.V. (“GrandVision”) from HAL Optical Investments, a wholly-owned subsidiary of HAL Holding, the Offeror and GrandVision today jointly announce that the Offeror is making a recommended mandatory public offer to all holders of shares (the “Shares” and each holder of Shares a “Shareholder”) at an offer price of Euro 28.42 per Share in cash (the “Offer”) and the publication of the related offer memorandum dated 7 October (the “Offer Memorandum”).

 

Please find below the full and original version of the press release.

 

 

GrandVision Retail Banners