Metal Art Corporation Tender Offer Terms Change｜July 2026

Change in Purchase Conditions and Extension of Period

Gerbera Holdings has increased the purchase price for the tender offer of Metal Art Corporation from 7,600 yen to 7,713 yen and extended the tender period to 52 business days. This aims to offer shareholders a better opportunity to sell and to improve the likelihood of successful purchase. The minimum planned purchase quantity has also been adjusted to 849,600 shares, with the period now running from July 15, 2026 to July 28, 2026.

Impact on Shareholders and Future Plans

Shareholders affected by this change now have a higher chance of selling under more favorable conditions due to the increased purchase price and extended period. Gerbera Holdings will continue monitoring market trends and subscription status to achieve final settlement of the tender offer. An extraordinary general meeting of shareholders is scheduled for late September 2026 to finalize the decision on the tender offer and proceed with necessary adjustments.