EQS-News

HomeToGo Announces Results of Public Share Tender Offer - Seite 2

The total number of 1,249,991 Class A shares to be repurchased under the public share tender offer corresponds to around 1.0% of all HomeToGo shares. Subject to further repurchases under the ongoing 2023 share buy-back program, the Company will hold approximately 4.8% of its share capital as treasury shares upon the completion of the transaction.

It is expected that the purchase price for repurchased Class A shares will be available on each custodian bank’s account with Banque Internationale à Luxembourg SA by 23 April 2024. Each custodian bank is instructed to credit the purchase price to the account specified in the relevant HomeToGo shareholder’s declaration of acceptance.

The 2023 share buyback program as announced on 13 September 2023 continues to run and will be adjusted to a maximum volume of €7.5 million (from €10 million), maintaining the total size of all repurchases at €10 million. Taking into account the approximately €1.1 million of share repurchases via the stock exchange under this ongoing share buyback program so far, the total remaining volume for further repurchases amounts to approximately €6.4 million.

 

About HomeToGo

HomeToGo was founded in 2014 with a vision to make incredible homes easily accessible to everyone. HomeToGo has since grown to become the SaaS-enabled marketplace with the world’s largest selection of vacation rentals.

With 15M+ offers across thousands of trusted partners globally, HomeToGo’s AI-powered marketplace expertly matches supply and demand to connect travelers with the perfect vacation rental for any trip around the world. As the go_to destination for vacation rentals, HomeToGo offers the world’s largest vacation rental selection combined with an end-to-end convenient, trusted and intuitive product experience.

HomeToGo_PRO, the Company’s B2B business segment, offers innovative Software & Service Solutions including Subscriptions for the whole travel market with a special focus on SaaS for the supply-side of vacation rentals.

While HomeToGo SE's registered office is located in Luxembourg, HomeToGo GmbH is headquartered in Berlin, Germany. HomeToGo operates localized apps and websites in 25 countries.