BEWI – Completion of acquisition of shares in listed Polish company IZOBLOK
Reference is made to the stock exchange release dated 28 April 2021 regarding BEWI ASA's acquisition of a majority stake of the listed Polish company IZOBLOK Spólka Akcyjna ("IZOBLOK"), a leading European provider of Expanded Polypropylene (EPP) components to the automotive industry, and the subsequent mandatory offer for up to two-thirds of the voting rights in IZOBLOK, and the stock exchange release dated 7 July 2021 regarding completion of the acquisition of the majority stake of IZOBLOK. The subsequent mandatory offer has now been completed. BEWI now owns 54.66 per cent of the shares,