Once Saverex NV has launched a voluntary and conditional public takeover bid in cash for all shares and options of Exmar NV (the “Company”) not already owned by Saverex or persons affiliated with Saverex with a share bid price equal to EUR 12,10 in cash per Share “pre dividend”, Cobas Asset Management SGIIC SA (“Cobas AM”) would like to state the following:

  • Cobas AM through the funds and other entities that it manages, is a significant shareholder in the Company, holding close to 5,94% of the shares outstanding and under the public takeover bid conditions, or similar ones, Cobas AM would sell its significant shareholding.


  • Cobas AM estimates that the takeover bid price is a good reflection of the company’s fair value at the date hereof and for that reason it would be interesting for all the shareholders to accept the bid.

Madrid, 19th of April 2023

Cobas Asset Management, SGIIC, SA


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