Sidetrade SA (ENXTPA:ALBFR) supervisory board signed a business combination agreement to acquire remaining 31.6% stake in SHS VIVEON AG (XTRA:SHWK) for ?2.4 million on May 1, 2024. Sidetrade has executed binding agreements with shareholders, a 43.0% of the SHS Viveon shares already acquired and 5.7% of the SHS Viveon shares set to be acquired in the coming days. In related transaction, Sidetrade will acquire a 19.7% of the SHS Viveon shares at subsequent dates at the latest in July 2024. Upon completing these acquisitions, Sidetrade will become the majority shareholder and assume control of SHS Viveon AG. The tender offer is not subject to reaching a minimum acceptance threshold. The tender offer closes on June 17, 2024. SHS Viveon AG?s supervisory board signed a business combination agreement with Sidetrade on May 1, 2024, and supports Sidetrade?s take-over plans. The tender offer is not subject to reaching a minimum acceptance threshold. As of June 20, 2024, Sidetrade has now secured 1,977,439 shares, representing 79.39% of SHS Viveon AG?s outstanding share capital, thereby becoming the majority shareholder. As of June 17, 2024, initial tender offer period ended. As of June 20, 2024, following the approval by Munich Stock Exchange for the delisting of SHS Viveon AG, Sidetrade has extended its public tender offer, allowing SHS Viveon?s shareholders the opportunity to tender their remaining shares at a price of ?3.00 per share in cash and In accordance with Munich Stock Exchange, Sidetrade has extended its public tender offer to July 29, 2024 at midnight (CEST, Munich, Germany). This extension provides SHS Viveon?s shareholders with ample time to tender their remaining shares.

Sidetrade is assisted by King & Spalding LLP as legal advisor on the transaction and ODDO BHF SE as financial advisor.