[Last updated: 1 January 2025, unless otherwise noted]

After the offeror has acquired at least 95% of the shares in the target company, it may decide to delist the target company from Euronext Amsterdam. For obvious reasons, a delisting would be desirable for the offeror in order to allow integration and avoid the need to comply with regulations applicable to listed companies. Delisting requires termination of the listing agreement with Euronext Amsterdam. After obtaining a positive decision from Euronext Amsterdam on the application for delisting, the delisting will take place on the 20th trading day after publication of the decision.