Company: GIFLF
Filing Date: 2025-02-26
Form Type: 6-K
Source: 0001104659-25-017501
Chunk: 36

Company: Grifols SA
Filing Date: 2025-02-26
Form: 6-K
Chunk 36
---
 of its decision. We will               
 ensure that mechanisms are in place so that the notification of the exercise of the redemption right may be                   
 made through Iberclear.                                                                                                       
 • The redemption price to be paid by us for each Class B share for which the redemption right has been                        
 exercised will be the sum of (i) the amount in euro of the highest consideration paid in the tender offer                     
 triggering the redemption right plus (ii) interest on the amount referred to in (i), from the date such tender offer          
 is first settled until the date of full payment of the redemption price, at a rate equal to the one-year EURIBOR              
 plus 300 basis points. For the purposes of this calculation, the amount in euro corresponding to any non-cash                 
 consideration paid in the tender offer will be the market value of such non-cash consideration as of the date the             
 tender offer is first settled. The calculation of such market value shall be supported by at least two independent            
 experts designated by us from auditing firms of international repute.                                                         
 • We will, within 40 days of the date on which the period for notification of the exercise of redemption rights               
 following a tender offer lapses, take all the necessary actions to (i) effectively pay the redemption price for our           
 Class B shares for which the redemption right has been exercised and complete the capital reduction required                  
 for the redemption and(ii) reflect the amendment to Article 6 of the Articles of Association (related to share                
 capital) deriving from the redemption.                                                                                        
 The number of our Class B shares redeemed shall not represent a percentage over our total Class B shares issued and           
 outstanding at the time the tender offer is made in excess of the percentage that the sum of our Class A shares (i) to        
 which the tender offer is addressed, (ii) held by the offerors in that offer and (iii) held by persons acting in concert with 
 the offerors or by persons having reached an agreement relating to the offer with the offerors represent over the total       
 Class A shares issued and outstanding at the time the tender offer causing the redemption of our Class B shares is made.      
 Payment of the redemption price will be subject to us having sufficient distributable reserves but, after a tender offer      
 occurs and until the redemption price for our Class B shares is paid in full, we will not be able to declare or pay any       
 dividends nor any other distributions to our shareholders (in each case, whether in cash, securities of Grifols or any of