Econocom - 2020 annual report

06 consolidated financial statements

notes to the consolidated financial statements

Subsequent events 23. Acquisition of Econocom group shares by BIS BV

Butler Industries) in the share capital of Econocom group SE. The selling price agreed was €2.825 per Econocom group SE share. Following this transaction, Walter Butler resigned as Director of Econocom group SE.

On 4 February 2021, BIS BV, a subsidiary of Econocom group, entered into an agreement under which it acquires the 6.01% stake ( i.e. 13,278,091 shares) held by two companies controlled by Walter Butler (namely Butler Industries Benelux SA and

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2020 annual report