Current Report 34/2025
11/12/2025 • 12:17
Subject:
Public disclosure of delayed inside information concerning the execution of a term sheet and the commencement of negotiations regarding the acquisition of 100% of the shares in PrestaShop SA.
Legal basis:
Content:
The Management Board of cyber_Folks S.A. [“Company”], acting pursuant to Art. 17 sec. 1 in conjunction with Art. 17 sec. 4 of Regulation (EU) No. 596/2014 of the European Parliament and of the Council of 16 April 2014 [“MAR”], hereby makes public the following inside information concerning the execution by the Company and MBE Worldwide, S.p.A. of a term sheet and the commencement of negotiations regarding the acquisition of 100% of the shares in PrestaShop SA.
Public disclosure of the inside information was delayed on 22 September 2025 pursuant to Art. 17 sec. 4 of MAR. The Company decided to publish the delayed inside information on 11 December 2025 because the conditions for further delaying the information ceased to apply, due to the parties having agreed the transaction documentation.
Content of the delayed inside information:
“The Management Board of cyber_Folks S.A. [“Company”] hereby announces that on 22 September 2025 the Company signed a term sheet [“Term Sheet”] with MBE Worldwide S.p.A. [“Seller”] and commenced negotiations regarding the acquisition by the Company of 100% of the shares in PrestaShop SA with its registered office in Paris [“PrestaShop”].
In the Term Sheet, the parties agreed that the basis for calculating the purchase price of the shares would be the enterprise value of PrestaShop in the amount of EUR 55 million (to be verified in the course of due diligence), with the purchase price to be adjusted for net debt and a working capital adjustment.
The parties agreed that the Company would conduct due diligence of PrestaShop until 20 October 2025 and then submit a binding offer to acquire the PrestaShop shares by 20 October 2025. Pursuant to the Term Sheet, the Seller will grant the Company exclusivity to conduct negotiations for a period of 4 weeks from the date on which the Company submits its binding offer.
The parties plan to sign legally binding transaction documentation by 20 November 2025.”