HEXA green light to Euronext’s revised proposal

To support its revised proposal Εuronextas the initial reasoned opinion and the conclusions of the financial advisor’s report remain unchanged after the new developments, the Group’s Board of Directors unanimously decided Athens Stock Exchange (HACE).

According to a related announcement, the CEO of the Athens Stock Exchange Group, Ioannis Kontopoulos, informed the Board of Directors, at today’s (11.11.2025) meeting, about the revision of the public proposal submitted by Euronext on November 7, 2025.

The proposal concerns the acquisition of all the shares of HEXA, a total of 60,348,000 shares, in exchange for up to 3,017,400 new common shares of Euronext, with a nominal value of 1.60 euros each.

The exchange ratio is set at 0.050 Euronext shares for each HEXA share, as stated in the prospectus.

In formulating the reasoned opinion on the revised proposal, the Board of Directors took into account the approved prospectus of the public proposal, the content of the revised proposal, as well as the report of AXIA Ventures Group Limited acting as the company’s financial advisor.

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