THE DISSEMINATION, PUBLICATION OR DISTRIBUTION OF THIS PRESS RELEASE, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IS NOT AUTHORIZED IN THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN OR ANY OTHER COUNTRY WHERE SUCH COMMUNICATION WOULD VIOLATE APPLICABLE REGULATIONS
Ivry-sur-Seine – France, November 10, 2026, 6:15 PM CET
SUCCESS OF THE TAKEOVER BID INITIATED BY EP GROUP
EP GROUP BECOMES THE CONTROLLING SHAREHOLDER OF FNAC DARTY
WITH 69.3% OF ITS SHARE CAPITAL
REOPENING OF THE OFFER PERIOD FROM NOVEMBER 12 TO NOVEMBER 25, 2026
- Results of the Offer: 40.9% of the share capital of Fnac Darty contributed, bringing EP Group to 69.3% of the share capital of Fnac Darty
- Reopening of the Offer from November 12 to November 25, 2026 (inclusive), giving shareholders and OCEANE holders the opportunity to tender their shares on unchanged terms
The French Financial markets authority (Autorité des marchés financiers – AMF) has published on November 10, 2026 the results of the Tender Offer initiated by EP FR HOLDCo, a company controlled by EP Group, for the outstanding shares and OCEANEs of Fnac Darty (the “Offer”) as well as the Offer reopening schedule.
12,131,427 Fnac Darty shares and 525,798 OCEANEs have been tendered to the Offer which was open from May 12 to November 9, 2026 (inclusive).
In total, based on the number of shares outstanding at October 31, 2026 and taking into account the 28.5% stake already held by its affiliate VESA, EP Group holds, at the end of the initial acceptance period, 20,577,477 shares, representing 69.3 % of the capital and the theoretical voting rights of Fnac Darty. The minimum condition that the offeror, alone or in concert, at the end of the initial acceptance period, hold a number of shares representing a fraction of the capital or voting rights of Fnac Darty in excess of 50% is thus satisfied.
Therefore, and in accordance with the AMF’s General Regulation, the Offer will reopen between November 12, 2026 and November 25, 2026 (inclusive). This reopening will allow shareholders and OCEANEs holders who have not accepted the Offer to do so under unchanged conditions (€35 per share following payment on June 5, 2026 of the €1.0 dividend for the 2025 financial year, and €81.161 per OCEANE).
Enrique Martinez, Fnac Darty CEO declared: “I welcome the successful outcome of this offer, which was unanimously recommended by our Board of Directors, as well as the broad support expressed by shareholders for EP Group’s project. We look forward to embarking on the next chapter of Fnac Darty’s history with our new controlling shareholder and to shaping the future of our Group together.”
Daniel Křetínský, Chairman of EP Group, commented: “We are very pleased with the outcome of the Offer and with the confidence placed in us by Fnac Darty shareholders. Becoming the controlling shareholder of Fnac Darty marks an important milestone in our long-term investment in the company. We highly value Fnac Darty’s service-oriented omnichannel proposition, brand heritage and deep retail expertise, as well as leading positions in France, Italy, Belgium and Portugal and a strong and growing presence in Spain and Switzerland. We believe in its long-term potential and are committed to supporting its continued development and look forward to working constructively with the management team led by Enrique Martinez and with all of the company’s stakeholders to support Fnac Darty’s future growth and reinforce its leadership position on a European scale.”
The terms of the reopened Offer remain the same as those set out in the offer document of EP FR HOLDCo which received visa no. 26-128 from the AMF on May 7, 2026.
EP Group has indicated that it does not intend to seek the implementation of a squeeze-out procedure, even if the conditions were satisfied, at the end of the reopening of the Offer.
The documentation linked to the Offer is available on Fnac Darty’s website in the dedicated section (https://www.fnacdarty.com/en/group/investors/projet-doffre-publique-dachat-de-ep-group/) as well as on the AMF website (www.amf-france.org).
Disclaimer
This press release has been prepared for informational purposes only. It does not constitute an offer to buy or a solicitation for the sale of Fnac Darty shares in any country, including France. The dissemination, publication or distribution of this press release may be subject to specific regulations or restrictions in certain countries. Accordingly, persons in possession of this notice are required to inform themselves of any local restrictions that may apply and to comply with them. Fnac Darty excludes any liability in the event of violation of applicable legal restrictions by any person.
About Fnac Darty
Fnac Darty is a European leader in omnichannel retail, a leading player in the sale of consumer electronics, household appliances, cultural and leisure goods. Present in 15 countries, mainly in France, Italy, Belgium, Portugal, Spain and Switzerland, it has nearly 30,000 employees and a multi-format network of around 1,500 stores, with strong positions on the web and a growing number of subscribers to its services. In 2025, the Group recorded sales of more than €10 billion. With Beyond everyday, its strategic plan for 2030, Fnac Darty is continuing its expansion in Europe and deepening its model based on omnichannel, services and circularity.
For more information: www.fnacdarty.com
CONTACTS
ANALYSTS/INVESTORS
Domitille Vielle – Head of Investor Relations – domitille.vielle@fnacdarty.com – +33 (0)6 03 86 05 02
Laura Parisot – Investor Relations Manager – laura.parisot@fnacdarty.com – +33 (0)6 64 74 27 18
PRESS
Bénédicte Debusschere – Head of communications and influence – benedicte.debusschere@fnacdarty.com – +33 (0)6 48 56 70 71
1 Based on an interest period starting on March 23, 2026 and ending on November 12, 2026, as settlement date of the initial acceptance period of the Offer.
Attachment
