takeover bid
Roularta Media Group recommends the takeover bid by Koinon NV of €15.50 per share.
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It’s no secret that print media are under pressure. Our company is working hard on innovative solutions to serve both today’s and tomorrow’s media consumers, which is why we intend to leave the stock exchange.
“We have projects in the pipeline for the next five years, focused entirely on defending our position in the readers’ and advertisers’ markets. Growth may follow afterwards, but first, we must navigate a steep investment curve that will inevitably impact our profits. This demands perseverance—and patience is something the stock market tends to lack.”- CEO Xavier Bouckaert.
✅ The offer of €15.50 per share was independently valued and found to be fair. The bidding period ran from July 18, 2025, to July 29, 2025, and has now ended. Acceptance of the offer could be made via the acceptance form through the financial institution managing your securities account.
✅ The board of directors believes the offer presents an attractive opportunity for shareholders to monetize their shares.
✅ The prospectus and other documentation can be found below.
Documentation
Report of the independent expert
Presentation General Meeting of the 20th of May 2025
Webinar Q&A: ‘Roularta — reopening of the public offer of €15.50 per share: an attractive exit opportunity.’ (The webinar is only available in Dutch) (zie ook website van de Vlaamse Federatie van Beleggers)
In the press
Press release Koinon NV (May 20, 2025 – June 13, 2025): opening of takeover bid
Press release Roularta Media Group NV (May 20, 2025 – June 13, 2025): opening of takeover bid
Media placard: opening of takeover bid
Interview Z-News on Kanaal Z in Dutch (20/5/2025): BEKIJK – Eigenaarsfamilie lanceert overnamebod op Roularta
Financial message ‘De Tijd’ in Dutch (20/5/2025): Roularta Media Group maakt overnamebod bekend
Interview De Tijd in Dutch (29/5/2025): Roularta-CEO Xavier Bouckaert over bod: ‘Op de beurs staan we in ons blootje, terwijl de rest in de mediasector toekijkt’
Interview Trends in Dutch (3/6/2025): Xavier Bouckaert (Roularta) over de perfecte storm in de mediasector: ‘Ik wist niet dat de digitale transitie zo hevig zou worden’
Joint press release Koinon NV and Roularta Media Group NV (June 23, 2025 – July 15, 2025): reopening of takeover bid
Press release Koinon NV (June 27, 2025): Koinon NV publishes a supplement to the prospectus in connection with its public takeover bid for Roularta Media Group NV
Joint press release Koinon NV and Roularta Media Group NV (July 18, 2025 – July 29, 2025): reopening of takeover bid
Article on Trends in Dutch (17/07/2025): Familie De Nolf heropent overnamebod voor tweede keer