From GlobeNewswire: 2025-06-04 08:18:00

Theon International Plc has announced that shareholder Venetus Limited has completed the sale of approximately 3.73 million shares, equal to 5.3% of the company’s share capital. The final deal was upsized from initial indications, with the Placing aimed at increasing the free float of the Company. The Placing was priced at Euro 31.1 per share and will be settled on June 6, 2025. Following the transaction, Venetus and CHRE Investment Limited will hold approximately 70% of the share capital, while the free float will increase to 30%. Theon CEO, Christian Hadjiminas, expressed satisfaction with the placement and highlighted the strong investor interest.



Read more at GlobeNewswire: Results of Venetus’ proposed placing of shares in Theon