VEXIM announces the results of the simplified tender offer initiated by Stryker

VEXIM announces the results of the simplified tender offer initiated by Stryker

VEXIM announces the results of the simplified tender offer initiated by Stryker

VEXIM announces the results of the simplified tender offer initiated by Stryker

Balma, December 12th, 2017 (04:00 PM CET) – VEXIM, a medical device company specializing in the minimally invasive treatment of vertebral fractures listed on Euronext Growth (FR0011072602 – ALVXM), announces that the simplified public tender offer for the shares and BSAAR warrants of VEXIM (the “offer”), initiated by Stryker France MM Holding SAS (“Stryker”), has closed. The public tender offer was opened from November 16, 2017, to December 6, 2017.

 

The results were published yesterday by the French financial market authority (Autorité des marchés financiers, the “AMF”). Stryker, which already owned over 50% of the share capital and voting rights of VEXIM at the date of the filing of the public tender offer with the AMF, acquired an additional 4,036,406 shares during the offer period, as well as 226,520 BSAAR warrants that it has exercised for new shares of VEXIM. Stryker now holds 8,416,399 shares of VEXIM representing 92.19 % of its share capital and at least 91.56% of its voting rights.