Dai Nippon Printing to squeeze-out Austriacard Holdings

Dai Nippon Printing (DNP) has successfully completed a voluntary public takeover offer for Austriacard Holdings AG, acquiring approximately 96.55% of the company’s registered share capital and voting rights.

Following these results, DNP announced its intention to initiate a squeeze-out process under the Austrian Squeeze-out Act. This move is expected to lead to the delisting of Austriacard Holdings from both the Vienna Stock Exchange and Euronext Athens. The takeover offer was set at a price of 10 euros per share.

The finalization of the process remains subject to approval from the competent Austrian foreign direct investment (FDI) authority. For shareholders who did not participate in the initial offer, an additional acceptance period has been scheduled through November 26, 2026, allowing them to tender their shares under the same terms.