After declaring the simplified public tender offer (OPAS) initiated by Limagrain Participations for the shares of the seed company Vilmorin to be compliant, the AMF published on June 21 a notice of opening of the offer, for a period running from June 22 to July 17 inclusive.

The initiator irrevocably undertakes to acquire the 5,178.241 shares not held by Groupe Limagrain, i.e. 22.60% of the share capital, and intends to request, if the conditions are met, the implementation of a squeeze-out procedure.

As part of a semi-centralization procedure, the initiator will bear the negotiation costs (brokerage fees plus VAT) of the selling shareholders up to 0.20% of the order amount, up to a limit of 100 euros per case.

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