Mundys strengthens its strategic position in Getlink with the acquisition of up to 9.5% of Getlink share capital.
3.5% of Getlink’s share capital will be acquired upfront, with the ability for Mundys to acquire up to an additional 6.0% conditional upon Mundys receiving the required regulatory approval, expected by April 2026.
As a result of acquiring 3.5% of Getlink’s shares, Mundys will hold 19.0% of Getlink’s share capital and up to 24.9% of its voting rights confirming itself as one of the main shareholders of the company.
Should the required regulatory approval be obtained, Mundys will have the ability to increase its shareholding in Getlink up to 25.0% of the share capital and a maximum of 29.9% of the voting rights. The transaction further confirms Mundys’ commitment, initiated in 2018, to support Getlink, its management, its employees and its long-term strategy.
The acquisition is also in line with Mundys’ strategy to strengthen its investments in France, a major European country in which the company firmly believes and where it has been operating in the infrastructure sector for more than ten years, through a collaborative approach with local stakeholders and institutions. Mundys may further increase its stake depending on market conditions and has no intention to take control or to request the nomination of additional board members.