The Council of Argetex announced that each of the resolutions set at the court meeting and the general meeting held earlier today in relation to the acquisition is recommended by the acquisition of cash from IFX payments were approved by the required majority.
Above all:
- The required majority of the draft shareholders voted in favor of the resolution to approve the system at the court meeting. and
- The required majority of Argetex’s shareholders voted to pass the Special Resolution to the General Assembly to approve the application of the regime (including the amendment of the Argetex articles) ,.
and therefore the acquisition was approved.
The acquisition remains subject to the receipt of the approval of regulatory regulations by FCA, DFSA and the Dutch Central Bank, the Court imposes sanctions on the court to hear the court and the delivery of a copy of the plan to the Registrar of Companies and the Plan.
The acquisition is expected to enter into force during September 2025 and, without prejudice to the acquisition, the settlement of the cash due to the program is expected to take place within 14 days of the date of entry into force.