Alyrick BV launches its mandatory public takeover bid  on smartphoto group NV

Smartphoto group NV announces Alyrick BV is launching its previously announced mandatory public takeover bid for all shares in Smartphoto not already held by Alyrick or its affiliates. Back in March, the Smartphoto board of directors has taken note of the sale by shareholders Shopinvest NV and De Vleterbeek NV of their respective shareholdings in smartphoto group NV (amounting to 18.24% in total) to Alyrick BV (Alyrick), an entity controlled by Alychlo NV (controlled by Marc Coucke) and Midelco NV (controlled by Philippe Vlerick). The board noted Alyrick’s intention to launch a mandatory public takeover bid for all outstanding shares of smartphoto group NV as a result of the completion of the aforementioned sale, which the board supports.

The initial acceptance period in respect of the bid started April 30 2025, and will end on May 21, 2025 (inclusive). The bid price is EUR 28.50 per share.

The Board of Directors of Smartphoto has unanimously decided to support the Bid and recommend that shareholders to accept the Bid. The prospectus and the response memorandum regarding the Bid were approved by the FSMA on 29 April 2025 and are available on the following websites:  www.kbc.be/smartphoto and www.smartphotogroup.com/en/mandatory-public-takeover-bid-2/.