TDK Electronics AG launches public buyout offer for Tronic's Microsystems

On July 9, 2025, TDK Electronics AG announced its intention to conduct a public buyout offer followed by a mandatory squeeze-out of the shares of Tronic's Microsystems SA. This move aims to acquire the remaining 2.56% of the share capital that TDK and Thales AVS France SAS do not yet hold.

The offer, at €5.56 per share, is part of Tronic's structural simplification plan. It also addresses the low liquidity of shares on Euronext Growth® in Paris and the listing costs. TDK plans to recapitalize Tronic's before the end of March 2026, as the company's equity has been below its minimum since 2023.

Tronic's shareholders are invited to sell their shares to benefit from immediate liquidity. An independent expert will be appointed to validate this offer, in accordance with AMF regulations.