Core Viewpoint - Rapala VMC Corporation has successfully completed a tender offer for its existing hybrid capital securities, with a significant portion of the securities being tendered for purchase, indicating strong participation from holders [2][4][5]. Group 1: Tender Offer Details - The tender offer was initiated for holders of existing capital securities with a nominal amount of EUR 30 million, and the expiration deadline was set for November 24, 2025 [2][4]. - A total of EUR 28.5 million of the existing capital securities were validly tendered by holders for purchase [4]. - The purchase price for the existing capital securities is set at EUR 20,700 for every EUR 20,000 in principal amount, with accrued and unpaid interest to be paid on accepted securities [6]. Group 2: Shareholder Participation - Viellard Migeon Et Compagnie Sa, the largest shareholder of Rapala VMC, participated in the tender offer by tendering EUR 7.2 million of its holdings [7]. Group 3: Future Actions - Rapala VMC intends to utilize a clean-up call option if the adjusted nominal amount of the existing capital securities falls to 25% or less of the total issued amount, with a separate notice to be published around the settlement date [8]. - The settlement date for the tender offer is expected to be November 27, 2025, at which point all purchased securities will be cancelled [6]. Group 4: Company Overview - Rapala VMC is recognized as the world's leading fishing tackle company, with a diverse brand portfolio and a significant distribution network [10]. - The company reported net sales of EUR 221 million in 2024 and operates manufacturing facilities in multiple countries, employing approximately 1,400 people [10].