Tirlán Co-operative Society Limited: RESULT OF SECONDARY SHARE SALE

EQS-Ad-hoc: Tirlán Co-operative Society Limited / Key word(s): Miscellaneous Tirlán Co-operative Society Limited: RESULT OF SECONDARY SHARE SALE 01-Oct-2025 / 08:30 GMT/BST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group. The issuer is solely responsible for the content of this announcement. NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, IN WHOLE OR IN PART, WHETHER DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS), ANY STATE OF THE UNITED STATES OR THE DISTRICT OF COLUMBIA (THE "UNITED STATES") (OR TO U.S. PERSONS (AS DEFINED BELOW)) (OTHER THAN TO QIBS (AS DEFINED BELOW)), CANADA (EXCEPT TO "ACCREDITED INVESTORS" AND "PERMITTED CLIENTS", EACH AS DEFINED BELOW), AUSTRALIA, SOUTH AFRICA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH DISTRIBUTION WOULD BE PROHIBITED BY APPLICABLE LAW

 

THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND IS NOT AN OFFER OF SECURITIES IN ANY JURISDICTION

 

1 October 2025

 

RESULT OF SECONDARY SHARE SALE

 

Further to the announcement released on 30 September 2025 in relation to a proposed secondary sale of ordinary shares (the "Equity Placement") in Glanbia plc (the "Company"), Tirlán Co-Operative Society Limited (the "Co-op" or " Tirlán") announces it has sold in aggregate 17,000,000 ordinary shares (the "Equity Placement Shares") at the price of €13.55 per share, raising aggregate gross proceeds of approximately €230,350,000.

 

Tirlán intends to use the proceeds from the Equity Placement to finance the concurrent repurchase of its outstanding €250,000,000 1.875 per cent. Secured Exchangeable Bonds due 27 January 2027 (ISIN: XS2436579978) (the "Bonds"), as specified below. The Bonds provided valuable funding to enable the Co-op to acquire full ownership of what is now Tirlán. Following this transaction, Tirlán remains the largest equity investor in Glanbia plc and continues to be a strong supporter of its strategy.