THEON Announces the Conclusion of the Rump Placement

Company Overview - Theon International PLC develops and manufactures advanced night vision and thermal imaging systems for defense and security applications, with a global presence [21] - The company began operations in 1997 in Greece and has since established a significant international footprint, including subsidiaries and production facilities in various countries [21] - Theon International PLC has over 240,000 systems in service with armed and special forces across 71 countries, including 26 NATO member countries [21] - The company has been listed on Euronext Amsterdam since February 2024 [21] Offering Details - Theon International PLC announced the conclusion of a rump placement as part of its issuance of 8,624,645 new ordinary shares [4][5] - During the subscription period, 8,522,058 new shares were subscribed, and all remaining 102,587 rump shares were sold in the placement [5][8] - The rump shares were placed at a price of €29.20 per share, with proceeds going to the company [5] - The entire amount of 8,624,645 new shares offered has been subscribed for by investors [5][8] - The issuance and listing of the new shares are scheduled for December 18, 2025 [8]