SCUR-Alpha 1996 GmbH Announces Public Offer for Netfonds AG

On March 9, 2026, SCUR-Alpha 1996 GmbH, soon to be German Wealth Technology GmbH, declared its intent to make a public cash offer for Netfonds AG's shareholders. The offer targets all no-par value registered shares of Netfonds at EUR 78.25 per share. This follows the holding company, managed by Warburg Pincus funds, securing approximately 53% of Netfonds.

The proposal is contingent on standard conditions, including regulatory clearance, though no minimum acceptance threshold is set. The offer document, detailing the terms, will be available online.

Importantly, the offer is regulated by German laws and relevant U.S. securities laws but remains outside specific German Securities Acquisition and Takeover Act provisions.