M&A Activity • Nov 7, 2025
M&A Activity
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1 Lampousas Street, 1095, Nicosia, Cyprus
Tel: +373 22 856 035, Fax: +373 22 856 022
HE201949
Share capital: EUR 405,725.18

To: Bucharest Stock Exchange (BVB)
cc: Cyprus Securities & Exchange Commission (CySEC), Romanian Financial
Supervisory Authority (FSA) – Financial Instruments and Investments Sector
Report date: November 6, 2025
Company name: Purcari Wineries Public Company Limited
Headquarters: 1 Lampousas Street, 1095, Nicosia, Cyprus
Phone/fax no.: +373 22 856 035/ +373 22 856 022
Cyprus Trade Register Registration Number: HE201949
Subscribed and paid in share capital: EUR 405,725.18
Regulated market where the issued securities are traded: Bucharest Stock Exchange,
International shares category
Symbol: WINE
Important event to be reported: Approval by the Competition Councils of Romania, Bulgaria and the Republic of Moldova of the economic concentration following the voluntary public takeover bid initiated by Maspex Romania S.R.L. for the majority of shares of Purcari Wineries Public Company Limited
On June 13, 2025, Maspex Romania S.R.L (the "Offeror") announced the launch of a voluntary public takeover bid (the "Takeover Bid") for the acquisition of up to 98.3811% of the issued share capital of Purcari Wineries Public Company Limited (hereinafter referred to as the "Company").
The purpose of the Takeover Bid was to enable the Offeror to acquire a strong majority position as a long-term strategic shareholder of the Company.
Following the subscription period of the Takeover Bid, which took place between July 16, 2025, and July 30, 2025, Maspex Romania S.R.L. acquired a total of 71.1790% of the Company's issued share capital, which led to a stake in the Company share capital owned by the Offeror of 72.5362% as of August 22, 2025.
Please be informed that the Competition Councils of Romania, Bulgaria and the Republic of Moldova have granted their respective clearances (last approval being communicated as of November 5, 2025), including the relevant antitrust/merger control approvals, thereby authorizing the completion of the transaction.
The final regulatory step in implementing the Takeover Bid is obtaining clearance from the Commission for the Examination of Foreign Direct Investments (CEISD) in Romania. The notification for this purpose was submitted by Maspex Romania S.R.L. on July 31, 2025.
Purcari Wineries Public Company Limited welcomes once again Maspex Romania S.R.L., part of Maspex Group, as its strategic majority shareholder, and expresses its appreciation to the competition authorities of all three jurisdictions for their thorough assessment of this complex cross-border transaction.
The Company will continue to inform the market and its investors of any further material developments in accordance with the applicable legal and regulatory requirements.
For additional information, please contact us at [email protected].
Eugeniu Baltag
____________________
IR Director
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