News

Extraordinary announcemenet on exercising a call option

News

Extraordinary announcemenet on exercising a call option

In accordance with the provisions of Section 55 of Act CXX of 2001 on the Capital Market and Schedule No. 4 of PM Decree No. 24/2008. (VIII. 15.), AutoWallis Nyilvánosan Működő Részvénytársaság (registered seat: 1055 Budapest, Honvéd utca 20.; company registration number: 01-10-047350; hereinafter: Company) hereby issues the following announcement to its investors.

Based on the agreement with TARÓDY Operatív Kft., the Company acquired a call option for 5,024,784 units of AutoWallis shares.

The Company exercised its call option for 5,024,784 units of AutoWallis shares on 3 November 2022, as a result of which the Company and TARÓDY Operatív Kft. entered into a share purchase agreement. Accordingly, the Company acquired a total of 5,024,784 units of treasury shares as part of an over-the-counter transaction.

The purchase price set by the Parties was HUF 91.33 per share. After the transaction, the number of shares held by the Company changed to 5,024,784 units.